HotelTonight CEO: Why We've Decided to Go Public

The speaker discusses the company's future plans, focusing on a public offering as the next major goal. They highlight the company's growth, profitability, and competitive edge in the market. The speaker also shares insights on maintaining growth and profitability, offering advice to other startups on balancing these aspects effectively.

What is the next major goal for the company according to the speaker?

• Acquiring a competitor

• Launching a new product line

• Expanding into new markets

• Going public with an IPO

Why does the speaker believe being open about IPO plans is beneficial?

• It increases customer loyalty

• It reduces competition

• It helps attract new investors

• It demonstrates transparency and current success

What is the company's focus compared to its competitors?

• Providing the cheapest prices

• Expanding into international markets

• Focusing solely on last-minute hotel bookings

• Offering a wide range of travel services

How does the speaker suggest startups should approach growth and profitability?

• Ignore both and focus on market share

• Balance growth with profitability by improving unit economics

• Focus solely on profitability

• Focus solely on growth

What is one reason the speaker believes their company can succeed as a public company?

• They have a larger market share than competitors

• They offer more services than competitors

• They are growing faster than competitors

• They have more funding than competitors