Summary:
J. Michael Cline, co-founder of Fandango, died after falling from a Manhattan hotel.
Cline was a serial entrepreneur who built numerous successful startups throughout his career.
Fandango, co-founded by Cline in 1999, revolutionized online movie ticketing and paved the way for the $37 billion industry.
Cline left Fandango in 2011 after it was acquired by Comcast and continued investing in tech through his venture capital firm Juxtapose.
Cline's legacy extends beyond Fandango, as he was a visionary leader and innovator in the tech industry.
Fandango Co-Founder Passes Away in Tragic Accident
J. Michael Cline, the visionary behind the popular online movie ticketing platform Fandango, passed away after falling from a Manhattan hotel. The incident occurred on Tuesday morning at the Kimberly Hotel, a 30-story building in midtown Manhattan.
Police responded to 911 calls and found Cline unresponsive with injuries consistent with a fall from a significant height. He fell from the 20th floor of the hotel, according to The New York Times. Emergency medical services pronounced Cline dead shortly after arriving at the scene.
Cline's legacy extends far beyond Fandango. He was a serial entrepreneur, founding and leading numerous successful startups throughout his career. In 1999, he co-founded Fandango with Art Levitt, revolutionizing the way Americans purchased movie tickets. Fandango's success stemmed from Cline's innovative approach to online ticketing, charging processing fees and selling ads to generate revenue. This business model ultimately paved the way for the $37 billion online ticketing industry we know today.
After leading Fandango for over a decade, Cline left the company in 2011, shortly after it was acquired by Comcast. He continued to invest in and build technology businesses through his venture capital firm Juxtapose, focusing particularly on healthcare companies.
Cline's impact on the tech industry is undeniable. His vision and entrepreneurial spirit transformed the way we buy tickets and shaped the landscape of online commerce. He will be remembered for his contributions to the world of startups and innovation.
Comments