Eventbrite, Inc. (NYSE:EB) Q3 2023 Earnings Call Transcript

So as we go forward, I think you’ll see the sort of the gears of our model shift and flex a little bit with more growth coming from the consumer and paid ticket volume, and you’re right, next year will not be as great of a year likely year-over-year on the take rate. We’ll continue to have growth from ad revenue, which drives that. But the key going forward is really that paid ticket volume.

Cameron Mansson-Perrone: Got it. And then anything on the – just to create the sequential creator growth that we could keep in mind

Lanny Baker: No, I think sequentially, coming off of the second quarter to the third quarter, we’ve seen a little bit seasonal pattern in the total creator numbers. And in the paid creators, we grew that – I guess free creators and paid creators and total creators grew 10% plus year-over-year in the quarter. So we’re happy with the growth that we saw, particularly in light of all the other changes that we’re making in the marketplace, and pretty difficult performance at this time of year.

Operator: As we have no further questions at this time, I will now turn the call over to Julia Hartz, Co-Founder and Chief Executive Officer, for closing comments.

Julia Hartz : I wanted to make one final note before we close our call. Eventbrite is founded on the principle of providing a platform for all to organize event. And recently, there have been discussions regarding our policies on moderating event content. We want to emphasize that the vast majority of the 6 million events in the last year listed on our platform comply with the community guidelines in terms of service that we’ve made available on our website. However, in the rare instances where a more thorough review is needed, we handle each case with careful consideration. Our mission is to foster constructive and respectful conversations by bringing people together in person to support a common cause or express their beliefs.

However, we strongly prohibit using language, incitement, or threat of harm in our community and at those events. We carefully consider our content moderation policies to ensure they align with our community values. If any events or activities violate these policies, we take prompt and appropriate action to maintain a safe and welcoming space for all. Finally, regarding the allegations that terrorist organizations use our platform, we want to clarify that this is false. We firmly condemn terrorism and any event that support it are removed from our platform. Thank you.

Operator: Thank you. Ladies and gentlemen, that does conclude the conference for today.