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Patrick Bosworth

๐Ÿ‘ค Speaker
221 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

And

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Um, you know, I'm the CEO of the company, but Craig owns, um, don't tell me an exact number cause you're getting in trouble, but like, does he own more than you?

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Oh yeah.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

He owns significantly more.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

No, no, because we've, we've raised four rounds of capital.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Got it.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

He has a plurality, but not a majority.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Got it.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Makes good sense.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Um, our payback period, um, is about 14 months right now.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

We we've literally never lost a company, a customer in five years.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

That's amazing.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Um, so, um,

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

We've lost individual hotels.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

We had a hotel that there was a military coup in a country and they closed the hotel.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

There was one that was exploded in Vegas to build a new expansion to the convention center and so forth.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

But we've actually never lost a customer, only individual properties.

SaaS Interviews with CEOs, Startups, Founders
737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m

Got it.