- Fandango co-founder J. Michael Cline dies tragically in Manhattan.
- Cline revolutionized movie ticketing, creating a $37 billion industry.
- His venture capital career left an indelible mark on the tech landscape.
A legacy of digital innovation
J. Michael Cline, the visionary co-founder of Fandango and a prolific startup entrepreneur, tragically passed away after falling from a Manhattan hotel.
The 64-year-old Palm Beach resident was found unresponsive by NYPD officers responding to 911 calls from the Kimberly Hotel on Tuesday morning. Cline’s untimely death has sent shockwaves through the tech community, leaving many to reflect on his significant contributions to the industry.
Cline’s brainchild, Fandango, revolutionized the movie-going experience by introducing online ticket purchases, effectively eliminating long box office queues.
Founded in 1999, Fandango emerged victorious in the fierce battle against MovieTickets.com, paving the way for the now $37 billion online ticketing industry.
Cline’s entrepreneurial spirit didn’t stop there; he went on to found Accretive, a venture capital firm, and played pivotal roles in numerous other startups.
Venture capitalist extraordinaire
In his later years, Cline served as the executive chairman at Juxtapose, a venture firm focusing on technology businesses.
His passion for healthcare investments was evident in the firm’s portfolio. Throughout his career, Cline demonstrated an uncanny ability to identify and nurture groundbreaking ideas, leaving an indelible mark on the tech landscape.
His unexpected passing marks the end of an era for many in the startup world.