Comments on: Sold-out tickets vendor, RazorGator, gets $26M http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/ News About Tech, Money and Innovation Mon, 23 Nov 2009 10:55:42 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: LiveStub hopes to nuke StubHub, others, with commission-free scalping » VentureBeat http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-826810 LiveStub hopes to nuke StubHub, others, with commission-free scalping » VentureBeat Mon, 25 Aug 2008 18:53:38 +0000 http://venturebeat.com/vc/?p=473#comment-826810 [...] dropped $265 million to get its hands on TicketsNow, and top-tier VC firm Kleiner Perkins led a $26 million investment in RazorGator back in 2005. All of these companies make money charging sellers a 15 percent [...] [...] dropped $265 million to get its hands on TicketsNow, and top-tier VC firm Kleiner Perkins led a $26 million investment in RazorGator back in 2005. All of these companies make money charging sellers a 15 percent [...]

]]> By: Wilie http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-899 Wilie Wed, 29 Jun 2005 15:22:22 +0000 http://venturebeat.com/vc/?p=473#comment-899 The question is are they spending more money getting the sale then they are making on the sale?? The question is are they spending more money getting the sale then they are making on the sale??

]]> By: James http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-898 James Wed, 15 Jun 2005 11:33:20 +0000 http://venturebeat.com/vc/?p=473#comment-898 What are the chances of Razor Gator going public in the near future? Anyone? Or being acquired? Would watching this company be a waste of time? What are the chances of Razor Gator going public in the near future? Anyone? Or being acquired? Would watching this company be a waste of time?

]]> By: Andrew Leyden http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-897 Andrew Leyden Thu, 26 May 2005 08:36:53 +0000 http://venturebeat.com/vc/?p=473#comment-897 This one stumps me. Razor Gator is already locked in with a number of the major sporting events, including the US Olympic Commitee. They have a nearly 100% markup on the tickets they sell, yet they are taking a $26 million investment? What the heck for? Advertising? Maybe they are going to enter the ticketmaster world of "exclusivity" with specific stadiums. I don't know--seems like a dumb investment for a company. Can't imagine raising money from VCs when I sell a product at 100% + markup... This one stumps me. Razor Gator is already locked in with a number of the major sporting events, including the US Olympic Commitee. They have a nearly 100% markup on the tickets they sell, yet they are taking a $26 million investment? What the heck for? Advertising?

Maybe they are going to enter the ticketmaster world of “exclusivity” with specific stadiums. I don’t know–seems like a dumb investment for a company. Can’t imagine raising money from VCs when I sell a product at 100% + markup…

]]> By: jeff http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-896 jeff Wed, 25 May 2005 09:56:09 +0000 http://venturebeat.com/vc/?p=473#comment-896 I remember saying the same thing about AuctionDrop when Mobius invested, then they pulled a huge deal with UPS out of the hat and the business started to look pretty damn attractive. I remember saying the same thing about AuctionDrop when Mobius invested, then they pulled a huge deal with UPS out of the hat and the business started to look pretty damn attractive.

]]> By: Chris Zaharias http://venturebeat.com/2005/05/25/sold-out-tickets-vendor-razorgator-gets-26m/comment-page-1/#comment-895 Chris Zaharias Wed, 25 May 2005 08:07:10 +0000 http://venturebeat.com/vc/?p=473#comment-895 The challenge in a business like RazorGator's is how to put those marketing $$ to use. If online marketing is to be the majority of their marketing, it's very hard to apply technology. What technology, for example, can figure out which NBA team is going to advance in the playoffs, and therefore how much to spend on keywords related to the NBA playoffs? The challenge in a business like RazorGator’s is how to put those marketing $$ to use. If online marketing is to be the majority of their marketing, it’s very hard to apply technology. What technology, for example, can figure out which NBA team is going to advance in the playoffs, and therefore how much to spend on keywords related to the NBA playoffs?

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