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 average American has 12 paid content subscriptions. I was surprised that the average millennial pays even more subscriptions.
The most powerful force that made America prosper is wealth creation. Everyone blessed enough to live in the US will own a home at some point...Not anymore.
I left ONEVC to start a new professional chapter. The ONEVC dream lives on, and I will continue to support all portfolio companies I worked with.
