ETSY - Eventbrite: Need Creator Growth To Continue

2024-02-01 11:59:52 ET

Summary

• Eventbrite, a technology company that connects event creators with audiences, has struggled to regain its IPO highs and is down over 70% in the last five years.
• The company believes it has a $3.2 billion addressable market and is focusing on increasing the number of live experiences, expanding product offers, and expanding internationally.
• Eventbrite must focus on continued paid creator growth to meet internal revenue targets and grow the business.

Today I’d like to discuss one stock that soared after the company's IPO but has struggled to regain those highs ever since as it’s down over 70% the last five years.

However, the company is a leader in a niche market and is still led by one of organization’s original founders....

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