That may be premature and a bit of a stretch, but the San Francisco-based live music and community site has quietly generated a solid business and extremely loyal following without funding and totally under the radar. Founded about eight years ago, the site has built a huge local music events database.
Events is an immature piece of the local search product mix, although an important one ultimately.
Founder Andrew Gadiel previewed for me some of the coming site features that may make it a good deal more like MySpace. The company has spoken with a couple of the major search players about providing its feed for live events, but has yet to do any deals as far as I know.
It will be very interesting to see how the site evolves and to see, given the spectacular growth of MySpace, whether funders and others try and court JamBase at this still relatively early stage of its development.