Ed Vincent

Founder & CEO, festivalPass · 1 appearance on the record.

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founderexecutiveoperatorLinkedIn ↗festivalpass.com ↗

Ed Vincent is the founder and CEO of festivalPass, a subscription-based live events marketplace. He previously served as the interim Chief Data Officer at MoviePass.

10statements → 4claims → 2claims resolved → 3.9/5average certainty → 1.8/5average debate potential → ≈4.5/5argument clarity, estimated →

0 supported 1 partly supported 1 contradicted 2 not checkable as stated how the 4 claims stand · each chip opens the sources

4 assertions · 1 insight · 5 disclosures · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 2 are resolved, and 2 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Ed argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted

80% of Festival Ticket Inventory Goes Unsold Across the Industry

“However, if you look at the collection of thousands of festivals, 80% of them go unsold.”

Ed Vincent Jun 11, 2020 ▶ 9:40 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Ed Vincent on measured tape to publish a rate. This says nothing about how they speak.

What they said10 Episodes1

Everything Ed Vincent said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Partly supported

ClearBank and Braavo Offer Debt Capital at 6% to 12% Rates

“Some of the ones I mentioned, like a ClearBank or a Bravo or others, do fall in that with credible companies that have proper KPI metrics.”

Ed Vincent Jun 11, 2020 ▶ 15:25 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Assertion Not checkable as stated

Most Live Event Venues Only Know 1 in 10 Audience Members

“Only one in 10 in venues, most venues, they only know one in 10 people in the audience.”

Ed Vincent Jun 11, 2020 ▶ 3:49 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Insight

Credit Subscriptions Enable Marketplaces to Implement Reverse Dynamic Pricing

“From a business perspective, what gets really interesting about this whole credit model, and I'm still shocked that more marketplaces and subscription businesses haven't adopted it, and I give ClassPass a lot of credit for pioneering the way, is what it allows…”

Ed Vincent Jun 11, 2020 ▶ 8:09 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Assertion Contradicted

80% of Festival Ticket Inventory Goes Unsold Across the Industry

“However, if you look at the collection of thousands of festivals, 80% of them go unsold.”

Ed Vincent Jun 11, 2020 ▶ 9:40 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Disclosure

FestivalPass Scraped 8,000 Events to Populate Its Platform Database

“We did scrape about 8000 events that we actually have in our database, and we actually produce on our platform.”

Ed Vincent Jun 11, 2020 ▶ 21:12 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Disclosure

FestivalPass Targets a 30% Average Gross Margin Across Live Events

“So our average gross margin across all events, I'm not going to specifically talk about each event itself, is we target a 30% gross margin.”

Ed Vincent Jun 11, 2020 ▶ 5:17 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Disclosure

Vincent: FestivalPass media partners control tens of millions of emails

“So we have some media partners that have tens of millions of emails that they're going to use on our behalf as we go into 2020 to engage on a local level to drive people.”

Ed Vincent Jun 11, 2020 ▶ 10:51 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Assertion Not checkable as stated

Bali-Based Design Agencies Cost Half of North American Rates

“I mean, it still costs money, but probably at half the cost you would pay in North America.”

Ed Vincent Jun 11, 2020 ▶ 19:30 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Disclosure

Vincent Avoids Scraping iHeartMedia Events to Preserve Strategic Corporate Relationships

“So I, I've known the IR folks for a long time, and I have a deep relationship with their corp, corp dev and venture group, so I just don't want to quote, unquote, piss them off.”

Ed Vincent Jun 11, 2020 ▶ 21:02 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Disclosure

Ed Vincent Worked as a Data Contractor for MoviePass

“I was a contractor brought in to help them with their data,”

Ed Vincent Jun 11, 2020 ▶ 2:11 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events

Appearances (1)

Episode	Date	Speaking time
Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events	Jun 11, 2020	15m

Ed Vincent

The record, in short

Their most notable contradicted claim

How they sound: not measured why? →

Appearances (1)

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