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Scott Duffy

10 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 17, 2017 by Scott Duffy · said 2 times in 1 episodes since 2017 · across every show →

On the record as a speaker too: Scott Duffy's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Nathan Latka (2)

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2017 2 mentions in 1 episode

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Everything said about Scott Duffy, oldest first

Jul 17, 2017
Disclosure
Virgin kept Smart Charter's assets despite Duffy's buyout attempts
“So Virgin kept it. I called them to try and buy it a couple of times.”
Scott Duffy Jul 17, 2017 ▶ 11:56 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Disclosure
Scott Duffy received a $450,000 salary in the Virgin acquisition
“Oh, I was, it was like a 450,000 dollar deal.”
Scott Duffy Jul 17, 2017 ▶ 4:23 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Disclosure
Smart Charter granted 10% to 12% equity in stock options
“When we did the deal, I probably had, I would say 10 to 12% of the company had been given away.”
Scott Duffy Jul 17, 2017 ▶ 7:56 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017 positive
Opinion
Wheels Up is closest to achieving Smart Charter's original vision
“The, probably the company that is making the best strides towards what I wanted to achieve is a company called Wheels Up.”
Scott Duffy Jul 17, 2017 ▶ 11:39 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017 neutral
Assertion Supported
Scott Duffy's Smart Charter closed a deal with Virgin Group
“I had a business, it was called Smart Charter, and it was like Expedia for private jets, and we were looking for investors, we were looking for distribution, and we ended up doing a deal with Virgin.”
Scott Duffy Jul 17, 2017 ▶ 2:44 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Assertion Not checkable as stated
Scott Duffy personally funded Smart Charter with up to $20K monthly
“So I had all this money that I was putting out. Like how much? I don't know, 1015, 20,000 a month.”
Scott Duffy Jul 17, 2017 ▶ 3:13 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Insight
An entrepreneur's most important job is downside self-protection
“I think the most important job for every entrepreneur is learning how to protect yourself. So if things don't work out as planned, they take longer than plan. They go sideways. You can adjust and you can bounce right back.”
Scott Duffy Jul 17, 2017 ▶ 7:10 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017 neutral
Insight
Big company partnerships don't improve startups; they expose flaws faster
“When dealing with big partners, if you're a small company, and your goal is to go get a big partner out there, big companies don't make you better. They expose your flaws faster.”
Scott Duffy Jul 17, 2017 ▶ 10:48 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Disclosure
Scott Duffy chose 20% equity over cash in the Virgin deal
“The way that smart charter work is instead of taking money out, I decided to go all in and just had to take more equity. So when we did the deal, so I had, you know, there, there's some things I can't say because of confidentiality, but I had a good chunk, you…”
Scott Duffy Jul 17, 2017 ▶ 5:47 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
Jul 17, 2017
Assertion Contradicted
A $10 oil increase cost commercial aviation $1 billion in 2008
“Every 10 dollar increase in a barrel of oil at that time represented about a one billion dollar increase in fuel prices for the commercial aviation.”
Scott Duffy Jul 17, 2017 ▶ 9:19 723: He Sold His Company to Richard Branson, Then Oil Tanked Him
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