Published On Mar 21, 2024
π How the founder of FLYR Labs, Alex Mans, raised $400 million on his journey to product-market fit | Sit Down Startup
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π₯ Welcome to the latest episode of Sit Down Startup, where host Adam O'Donnell explores FLYR Labsβ founder and CEO Alex Mans' meteoric rise with $400M raised, #boom!
π« Transitioning from a consumer-focused model predicting ticket prices to a B2B powerhouse, they're now strategically collaborating with airlines to optimize pricing. Adam and Alex discuss why pivoting to high-margin, recurring revenue streams with big companies was a game-changer for their business model.
π Also critical to success are the strong personal relationships FLYR Labs has forged with airline C-suite executives, key in securing lucrative contracts.
π Finally, Adam and Alex tackle the criticism airlines face for poor data management and how FLYR Labs' machine learning solutions are setting new industry standards.
π Don't miss this high-altitude discussion!
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