Sullivan: FlightFox Raised $850,000 Before Y Combinator
Lauren Sullivan · EP 584: FlightFox YC Founder: We Talk About When To Quit All The Time, $700k Revenue, Making Travel Way Easier with CEO Lauren Sullivan · Feb 28, 2017 · at 10:22
FlightFox co-founder and CEO Lauren Sullivan discusses the company's fundraising history with Nathan Latka.
0:00 / 0:09exact quote · 9.1s
720p mp4 · rendered on demand · StarZero watermark
“Yeah, we raised it in 2012. We raised about eight 50 K and that was just before we went into YC.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Lauren Sullivan
Sullivan: FlightFox Has No Contingency Plan for a Travel Downturn
“We haven't thought, thought through that.”
Sullivan: FlightFox Charges Per-Trip Fees Unlike Commission-Based Competitors
“So our revenue model we charge a fee for every trip which is unlike all of our competitors who make most of their money from commissions.”
Sullivan: FlightFox Trimmed Travel Experts From 5,000 to 20
“We only have 20 today. At our peak, we had like 5000 but we kind of just hand-picked the best ones from that group.”
Sullivan: FlightFox Takes 35% Cut, Experts Keep 65%
“No, we, ah, so Roland will get 65%, and we get 35%.”