Re:Booking.com gives €28m in bonuses to three top execs; Too...
by ghostwriter on Friday May 28, 2021 @05:01PM
(#27320448)
if you gather a group of people with financial independence, and try to bootstrap and never sell a new reservation platform, you can make it happen in about a decade. The trick is to never bloat budgets and staff, and to stay away from KPI - your goal is to take over regions by dumping prices and providing near-zero commissions on bookings from your platform for as many hotels as you can handle. You can handle this strategy among a team of financially independent members who are interested in the field rather than quick buck. It's hardly possible if you're seeking VC money.
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Re:Booking.com gives €28m in bonuses to three top execs; Too...
by donmcronald on Friday May 28, 2021 @05:57PM
(#27320998)
That's interesting because I feel like a lot of tech is in the kind of spot. If enthusiastic people come in and start building really good core products while charging fair value there are going to be a lot of bloated, wasteful tech companies that could end up in a world of hurt. At least that's my opinion.