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SeatGeek

Ticketing marketplaceUSA
✂️ Markdown
Peak $1.2 BillionToday
~-50%
from peak
  1. 🦄
    Became a unicorn
    2022
  2. 📈
    Peak valuation
    $1.2 Billion ’22
  3. 💔
    Became a Unitard
    ~2022
  4. 💸
    Last valuation
    ~$600M
Current status
Fallen unicorn est.; $1.35B SPAC terminated

How it happened

SeatGeek is a U.S. ticketing marketplace that reached a ~$1.2B valuation, with a planned SPAC merger valuing it around $1.35B. That deal was terminated in 2022 amid weak market conditions, and third-party estimates (PitchBook) subsequently marked the company down roughly 50%, classifying it as a fallen unicorn while it stayed private.

Source: CNBC/PitchBook