Tickets are markets. Building https://nitter.gq/t.co/TE6U1vN1rO | @TicketVisionHQ
Santa Monica, CA
Joined September 2010
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Ticket markets have a remarkable habit of producing events that statistical models say should never happen.
Macklemore is the one who actually raised face values during the Ed Sheeran saga, then dynamically lowered them as the hype faded.
The show still isn't sold out, and he's now charging more than the secondary market.
Every ticketing stock is in the red today, with Vivid Seats leading the decline, down nearly 9%.
Another 9.1% drop would push Vivid's market cap below $30 million.
You could fit 1,114 Vivid Seats inside Live Nation by market cap.
Live Nation: $40.1B
Vivid Seats: $36M
One of the greatest guitar licks of all time
youtu.be/DWmGH6eXZN8?si=uYUD…
It was pretty wild seeing the replies to @kapkap42’s viral Packers post today.
Not only is tonight's game still not sold out, it hasn’t been sold out since June 18th.
There have been more than 5 additional ticket releases since then.
“Sold out” is a term with a clear definition. It means there are no tickets available for purchase from the box office.
Interesting divergence in StubHub: shares keep falling, while short interest has dropped from ~12% of the float to under 9%.
As the stock gets cheaper, shorts are covering.
$STUB
I built something I've wanted to exist for a while.
Venue Atlas is a map of every venue across the country, with live events, ticket prices and market data layered directly on top.
Zoom out and see the entire live event market. Zoom in and see what’s happening at the state, city, or venue level.
Check it out and let me know what you think. Would love to hear what else you'd want to see on it.
TicketVision.com/Atlas
Best explored on desktop.
