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This 1-Year-Old Event Planning Startup Ought To Terrify Ticketmaster

Megan Rose DickeyApr 15, 2013, 18:34 IST

Ticketmaster, Eventbrite, Ticketfly, and TicketLeap have competition. Splash aims to do for event planning what Facebook did for people: Give them easy-to-use tools, such as a web site, for promoting and planning events and parties.

This 1-year-old New York startup powered nearly 200 events at SXSW this year and collected 384,000 RSVPs, Splash CEO Ben Hindman says.

Now, Splash is about four months into its ticketing service and has already processed $650,000 in gross sales. Earlier this week, Splash processed $25,000 in ticket sales in one day. Hindman says the company is approaching profitability, with a burn rate of less than $10,000 a month.

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