23-08-2018 23:26 via feedproxy.google.com

Eventbrite files for $200 million IPO

Eventbrite filed an IPO today for $200 million, confirming reports earlier this summer that the event-planning company plans to go public later this year.
According to the document, the company plans to raise $200 million from selling Class A shares, but has yet to list the price per share.
As for what Eventbrite intends to do with the new funds, many are pointing to the need to recover the company’s recent losses. While the company reported a net profit of $201.6 million in 2017, operatin
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