Part 4/6:
Taking a different approach, Jason Moser brings Eventbrite (EB) into the spotlight. Recently listed on public markets, Eventbrite specializes in event planning and management, catering to a diverse audience from small gatherings to large-scale events. Moser keenly notes an intriguing relationship between Eventbrite and Square — a strong connection that could foster significant growth for both companies.
Square, having invested $25 million in Eventbrite back in August 2017, has seen a rewarding return on their investment. In Square's latest earnings report, the value of their investment in Eventbrite was reflected positively, affecting their earnings with a $38 million boost — an essential backdrop to note, considering that without this, Square would have reported a loss.