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by mceachen 2604 days ago
This is such an epic, annual celebration of learning and creativity. Losing it would be a tragedy.

How do the economics not work out here? 100-150K visitors/year, each dropping (on average? $20 for entrance ticket)?

Don't they require commercial presenters to pay for their space?

How much does it cost to rent the San Mateo Fairgrounds?

2 comments

I can't find any info on how much the event space actually costs, but based a few tidbits from the article it sounds more like the organization that runs the faire let expenses get out of control. If they laid off 8-10 people, that means they had significantly more than that, all of whom were ostensibly drawing a salary on top of likely increasing event space costs.
There’s actually tons of other costs besides renting the space. Many exhibits require large amounts of electricity and space. Not every exhibitor can fit within a small booth. Not to mention liability insurance, since some exhibits have things like fire.

As a exhibitor myself, I've seen how the event has changed over the past few years, and the loss of sponsors such as Intel have definitely hit them. I just hope the event can continue, it's really the highlight of the school year for me and my peers.

The tickets are pricier than that. $25 for students and $40 adults... https://makerfaire.com/bay-area/BUY-TICKETS/
Right. I was assuming many of the 150k visitors are there as presenters or have some sort of ticket discount. Either way, that's not chump change.