I was looking at OpenTable data and Hotel Data this week. As I am back in SF, I have been looking to catch up with friends over dinner.
I can’t imagine how painful it must be to own a boutique hotel or a restaurant. Aside from the many that have gone bankrupt, the ones that survived are still operating under capacity.
The same goes for hotels. I flew 20+ times since October, both in Brazil and in the US. This past weekend my MIA-SFO was completely full. Good.
It’s coming back. Slowly, but coming back. Let’s go America. Let’s come back.
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The wealth generated in the last year has helped many people. Apps like Robinhood, $SQ’s CashApp, SoFi, and WeBull are enabling it.
As an investor, CEO, founder, or leader you must persevere until exhaustion, with discipline and rational determination.
Stoicism is helpful for startup founders and investors. Stoicism helped me find my dark side. Every founder should read the work of Marcus Aurelius and Seneca.
