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IPO Hopeful 12 – Finale

Continuing from the last post, a few little things during the dinner also made me feel this market opportunity genuinely has strong demand. For instance, during the Q&A session, one attendee raised his hand after hearing about the revenue-sharing model with hotels. He mentioned he was once the youngest chairman of a publicly listed company in India (granted, that must have been many years ago—he didn’t look particularly young anymore 😂). He also had connections with many parent companies of luxury hotels and felt this model was something entirely new yet highly in demand. He expressed interest in discussing how to enter the Indian market and execute the strategy further after the session.

Another example: after dinner, while chatting with friends, they told me someone had directly offered Kevin a $3 million check on the spot. 😂 I asked, “Was it that Indian gentleman?” They replied, “Nope.” I guessed again, “Was it that elderly man with the family office?” They laughed, “Still no.” Well, I couldn’t figure out who it was. For all I know, $3 million to that person might be like $30,000—just playing around. Anyway, until the money hits the account, it’s all talk.

My friends, however, were having a blast scrolling through their phones, showing me how they’ve been along for the ride for six years, heavily invested up to this point. They joked that if Kevin’s predictions come true, they’d finally have their private jets and yachts sorted, just waiting for the IPO. I rolled my eyes, and they laughed, saying they were kidding and had no interest in such things—they were just playing around. Makes sense—these are people who retired young, living completely unbothered lives. They don’t run physical businesses anymore, so the idea of maintaining jets or yachts would probably just feel like a hassle. Honestly, it’s this kind of down-to-earth attitude that I can connect with. If they ever did throw a private jet party one day, I’d probably wonder if they’d hit their heads or something. 😂

As for me, while the price is higher now than when I first got in, I feel the risk has dropped significantly. The logic makes sense, the numbers look solid, and the odds of success seem strong. Plus, this round comes with warrants exercisable within three years, which is a nice bonus. So, I added a bit more to my position—still sticking to my golden rule: only investing an amount that I could afford losing 100% without impacting my quality of life. When money leaves my account, I treat it as if it’s already lost, and if it comes back someday, it’s a happy surprise.

I’ll continue sharing real progress updates in future episodes as well

Oh, and as usual, I also recorded a video with Kevin, Rich and Terry discussing this project, including many details and data points I didn’t mention here. For those interested in learning more, feel free to check it out and reach out! 😁

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