If you have ever looked for concert, theater or sporting event tickets then you probably have heard of TicketsNow and Ticketmaster. TicketsNow an online tickets site founded in the Chicago northwest suburb now based in Rolling Meadows and Crystal Lake, Illinois has just announced it was acquired by InterActiveCorp’s Ticketmaster for $265 million as just reported on TECH cocktail.
Why do I care? Two reasons, first I like to see startup success stories and think this is a great success and secondly, because TicketsNow was founded in my small hometown in the northwest suburbs of Chicago. Why is this significant? Because it goes to show you, you can start and run a successful business anywhere these days thanks to the power of the Internet!
CNN.com Money offers additional details on the deal. Congrats to Mike Domek and the rest of the TicketNow team including Matt McCall and the DFJ Portage team (they were investors in Tickets Now). More on TicketsNow.