4 ms·
> To this day I'm pretty sure that plan would have worked if we had actually executed it. It was a brilliant plan if I do say so myself. In fact, it was so br
by _zagj 2y ago
> To this day I'm pretty sure that plan would have worked if we had actually executed it. It was a brilliant plan if I do say so myself. In fact, it was so brilliant that it convinced Richard Branson to acquire the company before we launched for $10M. We started the company as Smart Charter, but we launched as Virgin Charter.
It's noteworthy that he's portraying selling before launch as a failure, and while ultimately the acquirer didn't follow his vision and the business didn't pan out (and perhaps the author never even got to liquidate his shares), it's still arguably more of a success than Loopt (raised $39M, sold for $43.4M), which Sam Altman and his backers had no reservations about portraying as a huge success that springboarded him to YC president and later to AI kingmaker.