Partiful threw its own party, complete with free cigs, a Tamagotchi necklace, and a bong packed with Smarties
Partiful threw a New York Tech Week party to celebrate (finally) making money with ticketing. Tag along with us.
Partiful threw a New York Tech Week party to celebrate (finally) making money with ticketing. Tag along with us.
Sydney Bradley/Business Insider
Partiful likes to throw a party. It's in the name.
The events app, which has become the way Gen Z plans just about everything, threw a party during the New York Tech Week conference this week.
"You might be wondering, 'Why is Partiful throwing a party?'" Shreya Murthy, Partiful's CEO, told the crowded room of Tech Week-goers.
In part, it was to celebrate the startup's first major leap toward actually making money as a social app: ticketing.
Partiful recently rolled out paid tickets for events. The startup will now generate revenue from service fees added to ticket sales. Hosts earn the bulk of the sale, and Partiful takes a cut that varies by event. In an example listed on its website, Partiful adds a $7 fee to a $50 ticket — about 14%.
Before the party, Murthy spoke at a fireside chat with Andreessen Horowitz partner Olivia Moore about the startup's business and push into ticketing. A16z, one of Partiful's investors — the startup has raised more than $27 million since launching in 2020 — has taken over NYTW and now requires all events on its calendar to use Partiful.
While panels make up a huge chunk of the NYTW agenda, at the end of the day, vibe coders still need to detach from their half-open laptops running Claude.
Sydney Bradley/Business Insider
"What people really want at Tech Week is to meet people," Partiful's Ella Edwards, who helps the startup's community and editorial efforts, told me.
One attendee, startup founder Helen Wu, told me she's learned to approach Tech Week by simply being "present" at events, instead of getting lost in the networking, FOMO, or "tech bro" culture. Partiful's shindig, she said, was somewhere she could more casually chat with other founders, including Murthy.
The party, which took place at a Downtown listening room with an open bar, felt a bit more like a New York house party than a New York Tech Week mixer.
On one coffee table, there was a platter of skinny cigarettes for the taking. Partiful merch was splayed all over the venue. There was a competition to guess how many Smarties candies were packed into a bong (the winner got the bong). Projected on one wall was the first game in the NBA finals showdown between the New York Knicks and the San Antonio Spurs. Throughout the party, camera flashes went off from the point-and-shoot film cameras some Partiful employees carried.
Sydney Bradley/Business Insider
Partiful isn't the only social tech company into the idea of throwing house parties to bring together users and industry insiders. Last week, Substack also threw a house party after its all-day summit.
Sydney Bradley/Business Insider
Sydney Bradley/Business Insider
Want to read more party dispatches from Business Insider? Tag along with our reporters as we dive into the social scenes behind tech, media, and finance:
This story was first published by Business Insider. Read the original report
We use cookies to run this site and, with your consent, to measure traffic and improve our content. Necessary cookies are always on. You can accept all cookies or choose which ones to allow. Privacy policy.