User:Spud2482/Don Vaccaro
Don Vaccaro | |
|---|---|
| Nationality | American |
| Alma mater | Central Connecticut State University |
| Occupations | Entrepreneur |
| Known for | CEO and Co-founder of TicketNetwork |
| Title | CEO of TicketNetwork |
| Website | www.vaccaro.com |
Don Vaccaro is an an American entrepreneur and philanthropist. He is the co-founder and CEO of TicketNetwork, an online marketplace in the ticket resale industry. He founded the company in 2002 with software developer Doug Kruse.[1] Vaccaro also has interests in lending and real estate and is the founder and CEO of RCN Capital, a private lender.
Early life and education
[edit]Vaccaro was raised in Greenwich, Connecticut and later attended Central Connecticut State University. He got an early start in the ticket resale business when, as a 16-year-old, he purchased 20 tickets for a Jethro Tull concert and resold them.[2][3]
Business career
[edit]Vaccaro entered the ticket resale business formally when he founded Ticket World in 1983.[2][3] In 1984, Vaccaro sold that company and in 1989 he founded Metro Entertainment, now known as Ticket Galaxy[3]. In 2002, Vaccaro co-founded TicketNetwork with software developer Doug Kruse. The company is an online marketplace, facilitating transactions of ticket sales between brokers and purchasers. Buyers purchase tickets direct from sellers and are charged service fees and delivery fees.[4] TicketNetwork also develops software for brokers to list tickets on TicketNetwork's marketplace. Vaccaro has been interviewed about the ticket industry by several publications, including Fox Business TV[5], USA Today[6], Billboard Magazine[7][8], Salt Lake Tribune[9] , and Venues Today[10].
In 2010, Vaccaro expanded into the real estate lending sector when he founded RCN Capital, which provides short-term, commercial loans for the purchase and rehabilitation of non-owner occupied residential and commercial properties.[11] The company also provides financing to ticket brokers for the purchase of inventory.[12]
Philanthropy
[edit]Vaccaro has been involved with churches in the Hartford, Connecticut area. In 2015 he, through RCN Capital, provided a loan to Antioch Baptist Church for the renovation of its premises.[13] In February 2016, Vaccaro co-founded Grace Church Websites with Rev. Dr. Boise Kimber, which provides free websites to churches and non-profit organizations.[13]
Personal life
[edit]Vaccaro lives in Connecticut. In 2012, he purchased Moose Peak Light on Mistake Island near Jonesport, Maine.[14] Vaccaro donated use of the lighthouse to film scenes for a 2014 film, To Keep the Light, starring Finnish actor Antti Reini. Vaccaro also donated $50,000 to build a set for the movie on the island.[15]
See also
[edit]References
[edit]- ^ Bergman, Becky (March 28, 2011). "At TicketNetwork, the value is in the connection". Hartford Business Journal Online. Retrieved April 1, 2016.
- ^ a b Sisario, Ben (August 28, 2009). "Ticket Resellers Step Out of the Shadows". New York Times. Retrieved April 1, 2016.
- ^ a b c "Don Vaccaro and TicketNetwork Find A Ticket To Success". Hartford Courant. Retrieved April 1, 2016.
- ^ Moroz, Yelena. "How to Find Sold-Out Tickets Online". RealSimple Magazine online. Retrieved April 1, 2016.
- ^ "Springsteen Sales Outrage". Money For Breakfast. News Corp. Retrieved April 13, 2016.
{{cite web}}: Unknown parameter|network=ignored (help) - ^ McCarthy, Michael (February 3, 2011). "Big game brings big dollars to Big D". USA Today. Retrieved April 13, 2016.
- ^ Waddell, Ray (January 7, 2016). "Adele and Bruce Springsteen Tours Spark Battle Behind Jacked-Up 'Spec Pricing'". Billboard. Retrieved April 13, 2016.
- ^ Waddell, Ray (January 29, 2016). "Cracking Open the New York Attorney General's Damning Report on Ticketing: Bots, Shady Brokers, Huge Fees". Billboard. Retrieved April 13, 2016.
- ^ Pierceall, Kimberly (April 24, 2015). "Las Vegas bullish on Mayweather-Pacquiao". Salt Lake Tribune. Retrieved April 13, 2016.
- ^ Brooks, Dave (February 3, 2011). "Special Anniversary Issue: A look at a decade of change and evolution at the box office". Venues Today. Retrieved April 13, 2016.
- ^ "BofI Federal Bank Provides $25MM Revolver to RCN Capital". ABL Advisor. January 1, 2014. Retrieved April 5, 2016.
- ^ Cohen, Greg (November 5, 2014). "With New Line of Business, RCN Capital Is Filling Financing Gap in the Event Ticket Market". StackStreet. Retrieved April 5, 2016.
- ^ a b Vella, Vinny (March 20, 2016). "Church Hopes New Building Will Be 'Anchor' In Hartford's Promise Zone". Hartford Courant. Retrieved April 4, 2016.
- ^ Walsh, Tom (January 10, 2013). "Moose Peak Lighthouse off Jonesport sold at auction to a Connecticut buyer". Bangor Daily News. Retrieved April 6, 2016.
- ^ Cox, Tim (August 20, 2014). "Indie film starring 'Harrison Ford of Finland' shoots scenes in Jonesport". Bangor Daily News. Retrieved April 6, 2016.