Burner
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By Jeremy Lybarger
Jim Tananbaum, the billionaire venture capitalist whom Bloomberg dubbed “the Google bus of Burning Man,” has resigned from the festival’s board of directors, according to the Reno Gazette-Journal. Tananbaum’s resignation marks the departure of one of Burning Man’s most divisive figures.
If you missed the Bloomberg article in February, then you missed the tawdry saga of elite party crashers constructing what was basically a gated community in the heart of the Black Rock Desert. Tananbaum — founder of Foresite, a VC firm with a $650 million portfolio — threw an elaborate birthday party for himself at the…
By Jeremy Lybarger
Yesterday we wrote about 200 Silicon Valley hackers who cut the digital line to bogart a bunch of Burning Man tickets. Today, the Reno Gazette-Journal reports that several tickets (although not the hacked ones) are popping up online at ridiculously inflated rates. Two tickets are listed at $1 million apiece. This handy chart shows the price distribution:
Of course, this is nothing new. Megan Miller, a Burning Man spokeswoman, said that every year scalpers shill gratuitously overpriced tickets on eBay, Craigslist, StubHub, and other online marketplaces.
This year, 21,500 people bought 40,000 tickets in less than an…
By Peter Lawrence Kane
If your Facebook feed has been full of people grumbling they weren’t able to get Burning Man tickets (or if you yourself were unlucky), there’s some cosmic comeuppance to relish this morning: the 200 Silicon Valley jerks who allegedly jumped the queue by hacking into Ticketfly will not get away with it.
According to Wired, Burning Man officials know all about the scofflaws, have already canceled their tickets, and are working to make sure this kind of breach doesn’t happen again. The hacked tickets will be made available again during the traditional last-minute sale in August.
The Bold Italic
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