Margo Schmorak

12 statements across 2 episodes · 7 bullish · 1 bearish · 2 people on the record · first statement Mar 3, 2025 by Margot Schmorak · said 41 times in 2 episodes since 2025 · across every show →

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brought up most by Josh Muccio (41)

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2025 41 mentions in 2 episodes 21 per episode

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Everything said about Margo Schmorak, oldest first

Mar 3, 2025
Insight
Schmorak: A startup derailing over a two-month leave is probably not a good company
“So if the company is going to derail or the fundraising situations is going to derail because someone takes two months off Because they're having a baby, like, it's probably not a good company.”
Margot Schmorak Mar 3, 2025 ▶ 19:41 Fighting the 24/7 Startup Grind
Mar 3, 2025
Assertion Not checkable as stated
Schmorak: 197 of 200 Airbnb hosts surveyed said they would pay for digital guidebooks
“We went to the Airbnb host conference a few months later to validate this idea, and we built a prototype, and it was an iPhone app, and we said, if you had a guidebook that you could send to your guests, like a digital guidebook like this, like, would you pay …”
Margot Schmorak Mar 3, 2025 ▶ 3:03 Fighting the 24/7 Startup Grind
Mar 3, 2025 negative
Insight
Schmorak: Working 80-hour weeks is not required to build a great company
“No, I just don't think it's required. I don't think it's required for people to work 80 hour weeks to build a great company, and.”
Margot Schmorak Mar 3, 2025 ▶ 20:50 Fighting the 24/7 Startup Grind
Mar 3, 2025 positive
Disclosure
Nadel offers Hostfully $250,000 as final check in $2M round
“So what I would do is I'd invest two 50, As the final two 15 to two million dollar round. So you get the rest done, because I want to make sure you have that runway. If you can get the rest done at seven million cap or price round, then I would do it, but I'll…”
Phil Nadel Mar 3, 2025 ▶ 13:39 Fighting the 24/7 Startup Grind
Mar 3, 2025 neutral
Disclosure
Schmorak: Hostfully will not accept a valuation cap below $7M
“I don't think I'd take anything less than seven.”
Margot Schmorak Mar 3, 2025 ▶ 10:35 Fighting the 24/7 Startup Grind
Mar 3, 2025 bullish
Assertion Contradicted
Schmorak: Vacation rental software represents a $25B global market
“There are about a 100,000 of these companies in the world, and they spend about a quarter of a million dollars every year on software, so it's a twenty-five billion dollar market.”
Margot Schmorak Mar 3, 2025 ▶ 8:44 Fighting the 24/7 Startup Grind
Mar 3, 2025 positive
Assertion Not checkable as stated
Schmorak: Hostfully monthly revenue increased from $11,000 to $25,000 after merger
“So we just did that about three weeks ago. And our revenue went from 11,000 to now 25,000 monthly revenue.”
Margot Schmorak Mar 3, 2025 ▶ 4:17 Fighting the 24/7 Startup Grind
Mar 3, 2025
Insight
Schmorak: Founders should treat fundraising as offering opportunity, not feeling indebted
“You really have to believe and put yourself into this mindset that you are giving people the opportunity to ride this wave with you. You're giving people the opportunity to grow their money with you. That's the mentality. So there's no like, oh, oh, we got it.…”
Margot Schmorak Mar 3, 2025 ▶ 25:23 Fighting the 24/7 Startup Grind
Mar 3, 2025 positive
Assertion Not checkable as stated
Schmorak: Original Hostfully Product Has Zero Customer Churn
“Well, on the hostfully side, the churn is zero. The original hostfully, there are two companies, right? On the hostfully side, the churn is zero.”
Margot Schmorak Mar 3, 2025 ▶ 6:21 Fighting the 24/7 Startup Grind
Mar 3, 2025 positive
Assertion Not publicly verifiable
Schmorak: Charles Hudson invested $300k in Hostfully above his typical check
“His typical size is two 50 for the first check. I wanted to basically get him to invest something more than two 50, and he said 300,000.”
Margot Schmorak Mar 3, 2025 ▶ 22:17 Fighting the 24/7 Startup Grind
Mar 4, 2025 positive
Insight
Schmorak: Securing PPP loans signaled solvency and execution to investors
“What it is, it's a demonstration of how solvent your business is. It's like, can you get your together enough to apply for this program in short order and have your finances in good shape so that you can like, just do better for your business. They put it in t…”
Margot Schmorak Mar 4, 2025 ▶ 16:23 #92 Who Did the PPP Actually Save?
Mar 4, 2025 positive
Opinion
Schmorak: Hostfully raised more venture capital because of its PPP loan
“No, I actually think we raised more money from investors because of it.”
Margot Schmorak Mar 4, 2025 ▶ 16:14 #92 Who Did the PPP Actually Save?
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