Episode Summary
Executive Summary: Julia Hartz describes how Eventbrite detected COVID’s impact earlier than most, moved fast to protect employees and creators, and then pivoted toward virtual and hybrid events while making painful layoffs. She argues that online gatherings can create new revenue models, extend community, and complement, not replace, in-person events as the future becomes more flexible and globally connected.
Main Topics: Early COVID awareness and rapid response (Priority: 5/5): Eventbrite saw the business impact of COVID in late February and early March, well before broader market awareness, which enabled quick operational shifts to remote work, creator communication, and customer preparedness. Layoffs and humane restructuring (Priority: 5/5): Hartz explains the emotional weight of cutting 45% of the company, emphasizing that the speed of the decision was meant to be the most humane way to help affected employees reenter the job market quickly. Rise of virtual events and new business models (Priority: 5/5): The company saw massive growth in online events, including millions of virtual tickets and new monetization approaches such as craft kits, donations, and lower-priced high-capacity experiences. Free vs. paid virtual events and Eventbrite’s role (Priority: 4/5): Hartz outlines why free events strengthen Eventbrite’s brand and flywheel, while paid virtual events need clear value, community, and special design to justify ticket prices. Hybrid future of events (Priority: 5/5): She predicts smaller in-person events will return first, but believes the future is hybrid, with creators using one platform to reach both local and global audiences. Leadership, resilience, and slowing down (Priority: 4/5): Hartz reflects on crisis leadership, saying the pandemic pushed her to rely more on her team, value support systems, and abandon the 'merry-go-round' of busyness in favor of a simpler, more thoughtful life.
Key Arguments: Eventbrite’s early detection of COVID created a first-mover advantage, allowing the company to prepare employees, creators, and consumers faster than the broader market. The layoffs, though devastating, were framed as a decisive and humane choice to avoid dragging out uncertainty and to help laid-off workers find new jobs sooner. Virtual events are not merely substitutes; they can build repeat engagement, community continuity, and new revenue streams through kits, donations, and scalable attendance. Free events are strategically valuable because they build awareness, attract creators and consumers, and feed Eventbrite’s long-term platform flywheel. Paid virtual events must offer special value: strong community, thoughtful design, and experiences that feel meaningfully different from a generic livestream. The future of events is hybrid: creators want both online reach and in-person intimacy, and Eventbrite aims to support both from one platform. Crisis has reshaped Hartz’s leadership style toward greater collaboration, listening, and appreciation for support systems. The pandemic may accelerate innovation in communication and connectivity, but it will not fully replace the energy and spontaneity of in-person human gatherings.
Data Points: Board members with deep ties to China: 2 - Their early concern in late February helped Eventbrite recognize the coming COVID impact sooner than many U.S. businesses. Company workforce cut: 45% - Eventbrite’s restructuring in early April eliminated nearly half the company. Eventbrite employees overseen: 1,100 - Hartz notes she was responsible for roughly 1,100 employees during the crisis. Consumers who knew creator before buying virtual tickets: 85% - Shows continuity of creator-community relationships in virtual events. Virtual tickets processed in April: over 8 million - Eventbrite processed millions of tickets to virtual events during a month when many in-person events were canceled. Increase in online events on platform: multiple thousand percentage increase - Hartz describes explosive growth in online events compared with the prior year. Company age: 14 years - Used to emphasize Eventbrite has never charged for free events. Drive-in events on platform in the last month: over 1,000 - Example of new event formats emerging during the pandemic. IPO year: 2018 - Hartz cites financial discipline since the IPO as helpful during the crisis. Recession funding year: 2009 - Sequoia Capital first funded Eventbrite during the recession, underscoring long-term investor support.
Pivotal Quotes: "I would describe the first three or four weeks of the COVID pandemic in March and April as being incredibly surreal." — Julia Hartz: Describing the immediate operational shock as the pandemic shut down live events. "We had to make the very hard choice of what do we do? How do we take our own destiny in our own hands and, in the worst-case scenario, be a stronger company and come out of this really fighting and being there for our customers." — Julia Hartz: Explaining the reasoning behind rapid restructuring and layoffs. "I think that this time is such a critical time, and there's so much suffering in our country and all over the world. And my hope for all of us is that we find deeper humanity in the fact that we'll only beat this if we stick together." — Julia Hartz: Her closing reflection on resilience, collective responsibility, and the future.
Implications: Event platforms should design for hybrid attendance, stronger community, and clearer value in digital experiences. The crisis suggests faster innovation, but also a lasting premium on human connection, thoughtful leadership, and humane workforce decisions.
About How I Built This with Guy Raz
Guy Raz interviews the world’s best-known entrepreneurs to learn how they built their iconic brands. In each episode, founders reveal deep, intimate moments of doubt and failure, and share insights on their eventual success. How I Built This is a master-class on innovation, creativity, leadership and how to navigate challenges of all kinds.New episodes release on Mondays and Thursdays. Listen to How I Built This on the Wondery App or wherever you listen to your podcasts. You can lis...