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.
If things are difficult, do not give up. Persevere. Continue to pursue the path of love and execution of work. You are closer than you think.
Most that have achieved enormous success did not conform. All great founders are well-mannered misfits. None of the founders we back are ordinary people.
Transparent VC is purely tactical advice on how to raise money in a clean, efficient way while giving you the heads up to avoid all the common pitfalls.