Stage 3: Extraction · Events

Surplus shifts toward business customers and shareholders; ads, fees, and degradation accelerate.

Eventbrite
3 Extraction

Self-serve events and ticketing—easy for organizers until fees, feature tiers, and payout rules become the product.

Events platform Since 2006
StubHub
3 Extraction

Secondary ticket marketplace—liquidity and buyer protection on one side, fees and volatile pricing on the other.

Events company Since 2000