4 ms·

OYO hotels seems like another one based on this model. Heck maybe avoid most or all of the SoftBank funded startups?

• lotsofpulp 7y ago
  Oyo is worse than the others. They think they can offer the same type of hotel quality without employing all the quality inspectors of Marriott/Hilton/IHG/Hyatt/etc. I don’t think any educated adult could be dumb enough to fall for that. I have to assume any VC taking part in a business that needs additional human labor to scale and hence has significant marginal costs is simply betting on being able to dump the company in the public markets.
  • rchaud 7y ago
    Oyo's top VC happens to be none other than Mayasoshi Son.
    • lotsofpulp 7y ago
      Yes, his current strategy seems to be find a magazine article worthy “leader” like the we work guy or the oyo kid and hype them up and hope he can dump it before there are no buyers. I don’t know what his strategy was in the past, but he commands quite a bit of money so maybe it worked at some point.