Bosworth: Duetto Would Not Exist Without Harvard MBA
Patrick Bosworth · 737: 3000 Hotels Are Paying Them to Optimize Pricing, Investors Put in $50m · Jul 31, 2017 · at 1:50
Duetto Co-Founder & CEO Patrick Bosworth explains how his Harvard MBA network enabled the company's founding, co-founder recruitment, and early VC fundraising.
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“I don't think the company would exist without it.”
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“There's almost this force of nature where it's actually really hard to grow the business faster than it's naturally growing because there are these time periods where a hotel company is looking for new technology either because they've bought one of our incumb…”
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“And so, Q-three of 20 15 was just the tail end of a period when valuations of growth tech companies were inversely correlated with cash burn. The more you burned, the higher you were valued, because there was almost an exclusive focus on growth. Now it's about…”
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“We, we've literally never lost a company, a customer in five years.”
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“I don't usually share the exact numbers, but we're a fraction of the number that you just claimed, you know, the back of the envelope that you did, but we will be there next year.”