ReadWriteStart

Ticketfly, a startup that helps concert promoters leverage social media and sell tickets, announced earlier this week that it has raised $3 million in Series A funding from various firms and angels. Co-founded by Dan Teree and Andrew Dreskin, Ticketfly is - in a way - the rebirth of an earlier company, TicketWeb, which sold to Ticketmaster in 2000. After years of success, TicketWeb found itself unable to grow to its full potential, leading to the birth of a new venture, Ticketfly. Teree and Dreskin's story serves as a lesson to startups of how acquisitions by large, slow moving companies can lead to frustrated entrepreneurs.