Everything Ariel Camus said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Camus: Competitor Gogobot struggled despite raising $60M, souring VCs on travel
“And one of them had raised close to sixty million dollars.
Which one?
Gogobot.
Yep.
They put ads and a lot of people in a really tough place because even with that amount of money they had raised they were not doing great as a business.”
Camus: Founders should abandon post-acquisition earn-outs unless the money is life-changing
“Unless it's an amount of money that will change the rest of your life, and you don't have any savings, maybe, maybe I would say it's worth spending two or three years of your life working on something that is, like, not the best thing you can be doing, but oth…”
Camus: HackerPath is building a teacherless, project-based education platform
“So we're building a new platform that is online, that doesn't have any teachers, it doesn't have any classes, it's all project based. So we have teams of students that are collaborating and learning from each other while they're building real, real world produ…”
Camus: HackerPath plans to shift from subscriptions to hiring fees
“Initially we are charging, it's a subscription model where we are charging the students. But because our goal is to make this open to everyone, our vision is to eventually make this free to everyone. And the way we think we can do that is because our goal as a…”
Camus: Lonely Planet acquired TouristEye for a seven-figure amount
“And I can't disclose the exact number, but it's a seven digits figure.”
Camus: TouristEye raised nearly $1M across two rounds before acquisition
“Yeah, we raised like, not, not a lot, like, close to one million dollars before the acquisition. The opportunity to got acquired got just when we were raising our Series A, and that million dollars that we raised that happened between two rounds, one in Europe…”
Camus: Lonely Planet reached out right as TouristEye sought buyers
“So that's why we decided to like kind of explore, ah, ways of joining a bigger company.
And it was, ah, just by coincidence that Lonely Planet talked to us the week that I was exploring and talking about that opportunity with other companies.”
Camus: TouristEye's acquisition by Lonely Planet included zero earn-out requirements
“We didn't have any kind of like retainer or any reason, like any monetary reason to stay working for Lonely Planet.”
Camus: Earns roughly $150K as a product leader at Lonely Planet
“Oh, it's like in the six digit figures. So it's a good salary to have a good life in an expensive city like San Francisco. It's not like a managerial salary that is making me rich.”
Camus: Has invested $10,000 to $15,000 of personal money into HackerPath
“Oh, like 10, 15,000.”
Camus: TouristEye co-founder left Lonely Planet 3–4 months post-acquisition
“Actually my co-founder left the company, left Lonely Planet like three, three or four months after the acquisition.”
Top Founders 4