Investor Letter
23
Trips run
800+
Customers served
5
Continents
$850K
Lifetime revenue
The letter
We’re building the Airbnb of group travel.
Group travel is a $550 billion market with no platform. That’s where we come in. The letter makes the case, then reports what actually happened, including the months it goes badly. Follow the build.
Where this is going
The letters lay out what this company is and what we are building: 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.
Request the letter
Ask to be added
The letter goes to accredited investors. Tell us who you are and Jonathon will come back to you himself.
This letter carries no terms for investing, and asking here is not an offer or a solicitation. It goes to accredited investors only, and Jonathon handles those conversations directly rather than by mass email. To start one, write to jonathon@jetquest.net.