Adam Harris
Co-Founder and CEO, Cloudbeds. On 1 show, 2 appearances. The Shows tab opens the full record on each.
founderexecutiveoperatorLinkedIn ↗cloudbeds.com ↗
Adam Harris co-founded and leads Cloudbeds, a hospitality management platform powering tens of thousands of lodging businesses across more than 150 countries. A former investment banker and serial entrepreneur, he has guided the company through multiple acquisitions and raised over $250 million in venture funding.
1shows
2appearances
35statements
4resolved
3supported
1contradicted
75%fully supported
Everything Adam Harris said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Harris: Cloudbeds' Amplify product delivers a 13x return on ad spend
“The ROAS on all of that dollar spent with us is in the teens in terms of Multiple return on, on, on their money spent. So like giving a 13 X return on every dollar they spend with us is beautiful.”
CloudBeds Replicated a Competitor's Five-Year, $25M Tech Build in Six Months
“One of the leads actually spent about twenty five million dollars doing what we did for over a course of five years. We did the exact same thing in six months and showed them that we could do it in six months to build the same tech stack that twenty five milli…”
Harris: CloudBeds handles over $10 billion in GMV
“We do over ten billion dollars in GMV. Just in reservations within the key markets that we serve.”
Harris: 62% of Travel Booking Origination Stems from Social Media
“62% of all origination of travel these days is happening through social media influence.”
Harris: Cloudbeds aims to drive $1 billion in bookings through Amplify
“Our hope is to do a billion next year through that. But we're doing millions of dollars a day now.”
CloudBeds Processes $5 Billion in Annual Room Sales for Its Properties
“We are moving about You know, five billion dollars in gross, you know, merchandising value. So, room sales on behalf of our property.”
CloudBeds Projects 80% Growth to Reach Eight-Figure Annual Revenue
“We're going to finish this year extremely strong with, you know, north of 80% growth year over year. We'll be in eight figure range, so slightly less.”
CloudBeds Operates Entirely Commission-Free on Room Transactions
“We're commission free. We're one of the unique products out there that is commission free at this time.”
CloudBeds Is Intentionally Cash-Flow Negative to Reinvest in Growth
“We are not. No, we're focused on, you know, we're investing in areas that we see growth in, and we've deliberately not be, not become cashflow positive, but we have a roadmap to get there.”
CloudBeds Refuses to Pool or Aggregate Guest Data Across Independent Properties
“We don't, we do not bring data together across properties.”
Harris: Cloudbeds operates in 157 markets across 2.5M beds
“We do it in a 157 markets across two and a half million beds in this world.”
Harris: Cloudbeds employs 757 people across 41 countries
“We're 757 people in 41 countries around the world now.”
Harris: CloudBeds grew at over 75% CAGR over three years
“You know, we've grown over a 75% CAGR in the last three years, so really, really top quartile growth rates, and that's continued to sort of maintain.”
Harris: Toast and Shopify derive 50% of revenue from fintech
“If you look at toast as a publicly traded company or Shopify as another, you know, 50% of their revenue is coming from fintech solutions.”
Harris: CloudBeds fintech accounts for under 20% of revenue
“It's less than 20% of our overall revenue, but it's fast growing. It's multiple hundred percent year over year growth rates in that sector.”
Harris: Cloudbeds' target market spends $87 billion annually on intermediary fees
“The TAM that we service today, Or I guess a SAM that we service today spends about eighty-seven billion dollars a year in intermediary fees.”
Harris: Cloudbeds Has Lending on Its Product Roadmap to Explore
“And it's something that we definitely have on the roadmap to explore.”
CloudBeds Averages About $200 Per Month From North American Customers
“In North America, it's probably around 200 and some change per month. On an, on, on an average basis, and then Europe might be right around that as well, and then parts of Asia might be much less.”
CloudBeds Wasted Over $1M in Seed Capital Before Pivoting to SaaS
“So we wasted a little over a million bucks in our first sort of seed capital.”
One line per show, most statements first. The link opens Adam's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 TOP FOUNDERSLEDGER | Co-Founder and CEO, Cloudbeds | 2 | 35 | 75% 3/4 | full record on Top Founders → |