SeatGeek

15 statements across 4 episodes · 6 bullish · 2 bearish · 3 people on the record · first statement Jun 1, 2018 by Jack Groetzinger · said 51 times in 10 episodes since 2015 · across every show →

Mentions by year

brought up most by Harry Stebbings (17), David Frankel (17), Jack Groetzinger (8), Eric Paley (4), Avi Eyal (2)

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023201520162017201820192020202120222023202420252026episodes it came up in
0051.5103201520162017201820192020202120222023202420252026episodesmentions per episode
2026 10 mentions in 1 episode
2024 9 mentions in 2 episodes 5 per episode
2023 3 mentions in 1 episode
2022 1 mention in 1 episode
2018 26 mentions in 3 episodes 9 per episode
2015 2 mentions in 2 episodes 1 per episode

every mention, scene by scene, with the transcript →

Everything said about SeatGeek, oldest first

Jun 1, 2018
Insight
Blogging and open-sourcing code act as force multipliers in recruiting
“I think people tend to be a little bit myopic and not invest in sort of employer brand building stuff that can actually be really impactful. So, you know, a few examples of that are blogging about the things that you're doing, open sourcing software, Both of t…”
Jack Groetzinger Jun 1, 2018 ▶ 11:40 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 negative
Disclosure
SeatGeek prefers PhDs and quant traders over bootcamp data science grads
“The biggest challenge sort of sorting through the data science pool is filtering the people who are sort of very serious quantitative professionals versus folks who did a boot camp. For three months and are now trying to become a data scientist. And there's ab…”
Jack Groetzinger Jun 1, 2018 ▶ 18:22 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 negative
Disclosure
SeatGeek raised nearly $100M before hiring its first finance employee
“We waited forever to hire a full-time finance person. I think we'd raised almost a hundred million dollars before we hired anyone full-time in finance”
Jack Groetzinger Jun 1, 2018 ▶ 5:25 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018
Insight
Startups face at most two or three major strategic decisions yearly
“Each company maybe has two to three sort of major strategic moments per year at most, but they're incredibly important to get right and can be company champion.”
Jack Groetzinger Jun 1, 2018 ▶ 16:01 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018
Assertion Supported
SeatGeek acquired TopTix for $56M using an equal-sized funding round
“So we acquired a company called Toptics. For fifty six million dollars last year, and we raised a, around, it was almost exactly that amount to finance the deal.”
Jack Groetzinger Jun 1, 2018 ▶ 13:37 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 positive
Disclosure
SeatGeek delayed fundraising until unit economics proved highly favorable
“We waited a long time to raise money until we were really sort of irrefutable and controvertible evidence that the CAC LTV math was heavily in our favor and would be idiots not to raise more money.”
Jack Groetzinger Jun 1, 2018 ▶ 21:35 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 positive
Insight
Technical skill is the most important factor for startup founders
“Being technical is far and away the most important criterion that sort of drives success. Basically, you can't have too many technical people On a founding team.”
Jack Groetzinger Jun 1, 2018 ▶ 4:23 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 neutral
Disclosure
SeatGeek spent $5M-$10M yearly on marketing before rebranding
“For us, there was a point where we were spending multiple millions of dollars a year, five to ten million dollars a year in marketing, and we felt like our brand was an inhibitor success rather than an accelerant.”
Jack Groetzinger Jun 1, 2018 ▶ 23:49 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 positive
Opinion
SeatGeek can realistically be NYC's top employer brand, unlike in SF
“If we want to build a differentiated brand as we want to be the best place for an engineer to work in New York, that would be sort of a ludicrous, probably overambitious thing for us to say if we were based in San Francisco. There's just so many iconic technol…”
Jack Groetzinger Jun 1, 2018 ▶ 17:41 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 neutral
Insight
Board seats are immutable commitments requiring extensive founder diligence
“When you agree to take someone out of your board and raise a bunch of money from someone, just how long-term sort of immutable the commitment is. I think if a lot of founders realized that fully, they would do more work and more diligence and spend more, more …”
Jack Groetzinger Jun 1, 2018 ▶ 6:53 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018 positive
Insight
Ticket buyers wanted actionable recommendations over raw data
“Pretty early on, we realized, thanks to user feedback, that people didn't just want data. They actually wanted us to help them suggest what tickets to buy and sort of push them through that process.”
Jack Groetzinger Jun 1, 2018 ▶ 3:41 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Jun 1, 2018
Assertion Not checkable as stated
Twitter fell from SeatGeek's top acquisition channel to tenth
“For us, for example, the channel that was our very biggest driver back in 2013, Twitter, mobile acquisition has become probably number 10 on the list right now.”
Jack Groetzinger Jun 1, 2018 ▶ 15:17 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Sep 20, 2023 bullish
Prediction Not checkable as stated
Paley: Founder Collective's 2010 investment SeatGeek will deliver an amazing liquidity event
“Like, SeatGeek was a 2010 investment. I think it's a great company. Dave led that for us. I think it's gonna ultimately have an amazing liquidity event”
Eric Paley Sep 20, 2023 ▶ 1:17:56 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Oct 14, 2024 neutral
Assertion Not checkable as stated
Frankel: SeatGeek has been IPO-ready for two years
“SeatGeek's been IPO ready for two years.”
David Frankel Oct 14, 2024 ▶ 27:48 David Frankel, MP @Founder Collective: Investing Lessons from Seeding Coupang, Pillpack & Suno|E1214 · 20VC with Harry Stebbings
Aug 7, 2026 bullish
Disclosure
Frankel: Founder Collective still holds every share in 2010 investment SeatGeek
“Harry, we still own every last share in SeatGeek. That was an investment I made in 2010.”
David Frankel Aug 7, 2026 ▶ 17:26 The AI Boom Will Create Enormous Roadkill: Who Wins & Loses? | David Frankel
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