Investor Letter
23
Trips run
800+
Customers served
5
Continents
$850K
Lifetime revenue
The letter
We intend to build the biggest travel company in the world.
Group travel is a $550 billion market with no default platform. JetQuest is being built to be it: vetted hosts, vetted vendors and escrow on every booking. This letter makes that case, then reports honestly on whether it is working. Keep up with the journey.
Where this is going
The letters lay out what this company is and what it intends to become: the problem for hosts, the problem for travelers, the trust layer in the middle, the market, how the money works, and who is already proving the model at a billion dollars.
The journey as it happens
Progress every month. What shipped, what a host or traveler can now do that they could not do before, and what broke. The letter that reports a bad month is the reason the good ones are worth reading.
The numbers that count
No vanity metrics and no forecasts dressed as facts. The figure we are asking to be measured against is recurring revenue, and you will see it here once it is real rather than before.
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This letter carries no terms for investing. Anyone can subscribe here, so that is a conversation Jonathon has directly rather than by mass email. If you want to have it, write to jonathon@jetquest.net.