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Posts Tagged ‘eventbrite’

Facebook, music services work in harmony

Posted in Board Of Intellectual Capital, Business models, Economy, FaceBook, internet, Investments, Market research, mobile 2.0, Social Networks, Technology, Web 2.0, tagged , , , , , , , , , , , , , on November 10, 2011| Leave a Comment »

Article from SFGate.

“Facebook members have listened to more than 1.5 billion songs in the six weeks since the social network rolled out its latest Open Graph applications platform.

And the online music services that have hitched their wagon to Facebook are flourishing, according to stats posted on the company’s developers blog.

“As a result, some of our biggest music developers have more than doubled their active users, while earlier-stage startups and services starting with a smaller base have seen anywhere between a 2-10x increase in active users,” Facebook’s Casey Maloney Rosales Muller wrote. “It’s still early, but these results show that the Open Graph can be a powerful discovery mechanism for users and drive significant growth for developers.”

One big winner so far is Spotify, the online music service that just expanded to the United States in the summer. Since announcing it was plugging into the beta Open Graph protocol at the F8 developers’ conference Sept. 22, Spotify has gained more than 4 million new users.

And Earbits, the company that also powers SFGate Radio, has recorded a 1,350 percent increase in the number of users who become fans of bands they’re hearing, he said.

Meanwhile, MOG has grown 246 percent, Rdio has seen a 30-fold increase, Slacker reports an 11-fold increase and Deezer has added 10,000 users.

Ticketing sites Eventbrite, Ticketmaster and Ticketfly have also reported $2 to $6 in direct ticket sales for each link shared within Facebook.

And all this has happened before Facebook has had a chance to roll out Open Graph and new Timeline user profiles to a wider portion of its audience of 800 million users. The Palo Alto company says those rollouts are coming soon.”

Read more here.

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In San Francisco’s SoMA District, A Revived Start-Up Scene

Posted in Board Of Intellectual Capital, tagged , , , , , , , on August 13, 2010| Leave a Comment »

Here is an article from WSJ´s Venture Dispatch.

“The technology start-up scene is rebounding strongly from the recession. That’s evident at 410 Townsend St. in San Francisco’s South of Market neighborhood.

The 75,000-square-foot office building was about 60% vacant in late 2008 when the financial crisis hit and one of the property’s major tenants moved out. Now the landlord, PMI Properties, says the building is 100% full with Internet start-ups such as microblogging service Yammer Inc., online ticket seller Eventbrite Inc., online gaming company Playdom Inc. (recently purchased by Walt Disney Co.) and help-desk software company Zendesk Inc.

All of the start-ups moved in within the last year. And many are now bursting at the seams as they grow more quickly than expected. “We’ve got a competition with Yammer to see who will outlast the other in this building and get the other’s space,” says Kevin Hartz, chief executive of Eventbrite, which has seen its staff grow from 25 last year to around 70 people now. “It’s a death match.”

The activity at 410 Townsend reflects Silicon Valley’s broader tech recovery. As demand for tech goods picks up, venture capital financing is ramping up and start-ups are recruiting new hires.

That has fueled the ferment in SoMA, a hip start-up neighborhood that is home to Twitter Inc. and others. The area’s office vacancy rate peaked in last year’s fourth quarter at 30.5% and has since eased to 28.2%, while average asking rents per square foot have risen to $28.57 from $27.69 late last year, according to real-estate firm Cornish & Carey Commercial.

Jeffrey Palmer, a partner at PMI Properties, says the firm deliberately sought tech tenants for 410 Townsend to cluster them together. Each of the 10,000-square-feet office suites in the four-story building have exposed brick walls, kitchens and state-of-the-art Internet connections.”

Read the full article here.

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