-100%

est. 2Y upside i

E-CommerceSeries D+

Stage: exit. Country: UK

Rank

#4446

Sector

E-commerce, Secondary Ticketing

Est. Liquidity

~0Y

Data Quality

Data: Low

Seatwave is a defunct company, having been acquired by Ticketmaster in 2014 and subsequently shut down in November 2018.

Last updated: March 10, 2026

Bull (0%)0%

There is no bull case as Seatwave was shut down by Ticketmaster in November 2018 and is no longer an operational company.

Base (0%)0%

There is no base case as Seatwave was shut down by Ticketmaster in November 2018 and is no longer an operational company.

Bear (100%)-100%

Seatwave was acquired by Ticketmaster in 2014 and subsequently shut down in November 2018 as Ticketmaster transitioned to a fan-to-fan ticket exchange model, resulting in a complete loss of equity value for common shareholders.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

Given the company was shut down, any prior liquidation preferences would have resulted in a complete loss for common equity holders.

Dilution Risk

high

The company's shutdown by its parent company rendered all equity worthless, representing the ultimate dilution.

Secondary Liquidity

none

There is no secondary market for a defunct company.

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.