Sam Shank, Founder of HotelTonight, from LAUNCH 2016
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sydneyverifiedco-creator of Commaful
Autoplay OFF  •  a year ago
Notes from talk with Sam Shank, founder of HotelTonight

Sam Shank, Founder of HotelTonight, from LAUNCH 2016

We have been growing 100% year over year

Growing quickly by smartly

3 taps & a swipe, takes 10 minutes

Makes the HotelTonight product orders of magnitudes simpler and better

We wanted to be better at EVERYTHING

We went in focused on doing whatever we could to make a better product than our competitors. Including our net promoter score, which is the highest.

If you're looking to join a company:

Look at the terms at which a company raised on. There might be a liquidation preference where employees may get substantially less at a lower valuation

For founders, the money is still out there

If the money is still out there, things are still okay. Just be smart

ASK: What is the next milestone I need to get to?

How do I get to it with less money? How can I manage my burn to have less money to get there.

We are profitable and are excited to grow!

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Why don't we read from the actual source?



lisaSilver CommaCats
a year agoReply
Having key milestones and being super prudent about money --> great advice