Remembering J. Michael Cline: A Pioneer in the Online Ticketing Industry
The sudden and tragic death of J. Michael Cline, co-founder of Fandango, has left the tech industry in shock. Cline, a seasoned entrepreneur with a multi-decade career, passed away after falling from a Manhattan hotel. This unfortunate incident has sparked an outpouring of condolences and remembrances from colleagues and friends who admired his contributions to the online ticketing space.
Cline’s journey in the tech world began with the founding of Fandango in 1999. Alongside his chief operating officer, Art Levitt, he revolutionized the way Americans purchased movie tickets. Fandango quickly gained popularity by allowing users to buy tickets online, eliminating the need to wait in long lines at box offices. This innovative approach not only saved time but also generated revenue through processing fees and online advertising.
The early 2000s saw Fandango engaged in a fierce battle with MovieTickets.com for supremacy in the online ticketing market. However, Cline’s determination and strategic vision led Fandango to emerge as the dominant player. The company’s success paved the way for the massive $37 billion online ticketing industry we see today.
After Comcast acquired Fandango in 2007, Cline decided to step back from the company in 2011. Despite leaving Fandango, his entrepreneurial spirit remained unwavering. Cline went on to establish Accretive, a venture capital firm, where he served as the managing partner. He continued to build startups throughout his career, including R1 RCM, Accumen, Accolade, Everspring, Dresr, and Insureon.
In 2018, Cline took on the role of executive chairman at Juxtapose, a venture firm specializing in technology investments. His passion for healthcare led him to focus on investing in healthcare companies during his time there. Juxtapose’s portfolio includes notable names such as Tend, Nectar, and Great Jones.
Cline’s impact on the tech industry was significant, and his sudden passing has left a void in the startup community. His expertise, strategic acumen, and relentless pursuit of innovation will be sorely missed. Colleagues and friends remember him not only as a successful entrepreneur but also as a kind-hearted individual who was always willing to lend a helping hand.
As news of Cline’s passing spread, many industry players reached out to express their condolences. Accretive, Juxtapose, and Fandango have yet to comment on the tragic loss. The investigation into the circumstances surrounding his fall is ongoing, leaving colleagues, friends, and the tech world at large in mourning.
J. Michael Cline’s legacy will undoubtedly live on, as his contributions continue to shape the online ticketing industry. His entrepreneurial spirit and dedication to innovation serve as an inspiration to aspiring entrepreneurs around the world. While his untimely death is a devastating loss, his impact on the tech community will not be forgotten.