Comment by blakeburch

Thanks for the extra context! I was operating off of (faulty) memory with that statement.

You're 100% right that it's not necessarily a sign of being in a poor financial position and that's my bad for assuming as much.

From an outsider's perspective, it makes it seem as if the local events space is not necessarily a lucrative business to be in. If it was, it would likely stand on it's own independently. Instead, we see more tools integrate events as a feature of an existing community platform. I think that's where there's an opportunity, especially for smaller shops or solopreneurs.