Thank you for subscribing to Elite Traveler. People are becoming more and more interested in Sergey Petrossov because of how much money he makes. Exclusively featured by VUE Magazine (vuenj.com). We have raised funding from private sources including the royal family in the Kingdom of Saudi Arabia, A-league executives, music moguls, and more. JetSmarter declined to comment on CNBC's inquiries, but said in a statement that "changes to our member services and benefits were within the rights of our membership agreement." When the company started to come under fire, it used legal threats and lawsuits to silence its customers and the media. One of the benefits to travel by private jet is skipping the hassle of TSA. One of the most essential aspects that move a business forward is the errors that happen along the way. He jumped at the chance to purchase the longer deal. How do you source your planes, staff and pilots? In terms of our marketing strategy, our business wouldnt exist without word-of-mouth. It was highly inefficient. The company faces unknown costs from the lawsuits and refunds, the class action lawsuit, and the outcome of the investigations by the FAA and FBI. If you truly believe in what youre doing, youll get there one way or another., Money Group, LLC Rather than just thinking of ways to improve a service digitally, he tries to focus on how he and his product can improve lives and lifestyles. JetSmarter customers can charter a plane buy buying a minimum number of seats usually three or four and then JetSmarter sells the rest of the seats to other customers. This is just a sample. His advice to millennials like him who want to create companies is to be bold sooner rather than later. Were currently partnered with 800+ carriers across the globe, who work with our team to provide our app users with around 3,200 aircraft and 4,000 free flight hours each month. With businesses like Uber becoming the norm, how do you see the private aviation industry changing in the near future? She was told the membership included free flights under three and a half hours, a discount on longer flights, and the potential to bring up to three guests. Remember! Sergey Petrossov, CEO of JetSmarter Autopilot is a godsend for getting work done in the car Sergey Petrossov of JetSmarter in his office in Fort Lauderdale, Florida Josh Ritchie/FT Janina. [20][21][22], In August 2017, JetSmarter said it had raised an undisclosed amount of institutional capital from Clearlake Capital, Leucadia National Corporation and existing investors. Asia Pacific +65 6212 1000. Pretend youre 80 years old and looking back on your lifehow would you feel if you didnt try anything? Also included for JetSmarter members are complimentary helicopter services, with free transfers to and from New York area airports. JetSmarter put together an impressive investor presentation filled with the projection that revenue would grow from $124 million in 2016 to more than $2 billion in 2019. About a year ago, Leonardo Galvez received an offer from JetSmarter that was too good to pass up. He plays as a right-back for FC Krasnodar. The shuttles were a big success. For many domestic flights I use our companys private jet offerings.. Mark Zuckerberg. VUE caught up with Petrossov to learn more about his journey, the future of the industry and perhaps a tip or two on how to turn a simple vision into a billion-dollar reality. But forJetSmarterFounder and CEO, Sergey Petrossov, its just another day at the office (or in the skies). JetSmarter aggregates. His departure made fundraising, which was growing more and more necessary, exceedingly more difficult. JetSmarter set out to revolutionize jet travel. The hardest thing for a disruptive company is getting people to try it out. But that has raised concerns for some of JetSmarter's customers. Hes had that spirit, he says, since his teens. Sergey Petrov, 32, from Russia FK Krasnodar, since 2012 Right-Back Market value: 1.00m * Jan 2, 1991 in St. Petersburg, UdSSR Thanks for reading! I love hosting this blog for Refresh Miami and we aim to be the go-to site for South Florida startup and tech news, features and views. In high school, he attempted to start an import-export business for automobile tire rims. He has a clear vision for what flying private should be, and he wont stop there. [36], In 2017, The Verge reported that management of JetSmarter offered free flights to its reporters if an article was posted within five days of the flight. His brother was also an employee. [7][8] In August 2012, the beta version was launched and tested among a closed group of private aviation users. What. 5. Follow @ndahlberg on Twitter and email [email protected]. I believe the future of travel is going to transcend the language of commodity.. Much of that experience comes from team members time with NASA, Nokia, Microsoft, Mercedes Benz, BMW, and Uber. In season, helicopter shuttles to the Hamptons from Manhattan are available as well. How did the journey with JetSmarter begin? JetSmarter was a corporation and mobile application for private jet users. Through with the brick-and-mortar approach to booking private aircrafts, Moscow native Sergey Petrossov decided to take matters into his own tech-savvy hands. He alleged misleading advertising on social media from Kim Kardashian and Petra Nemcova as well as deceptive sales tactics. Can the company ever be profitable without the all you can fly private jet memberships that made it famous and attracted thousands of customers? It said it would use the money to expand services, including routes and flight frequency.[23]. In August 2012, I made it a reality and created the beta version of JetSmarter, sharing it with an exclusive group of industry experts and frequent private jet users. Its not every day that you see a 29-year-old at the helm of a billion-dollar company. The company said this would fuel international expansion and add at least 80 more routes to its existing 50 routes. I agree to Money's. Petrossov said that he hopes to expand internationally JetSmarter has offices in London, Zurich and Dubai and to add new services, from lodging to restaurants, that it can serve up to its well-heeled clientele. Does that sound familiar? Should the arrest of a former top executive on unrelated charges and the shifting of CFOs raise questions about the business? Sergei Andreyevich Petrov ( Russian: ; born 2 January 1991) is a Russian football player. JetSmarter was losing about $22,000 on a shuttle flight between Los Angeles and New York. JetSmarter has not been without its hiccups. What was your vision for the mobile app? Consumers are turned off by processes that make it difficult for them to accomplish their goals. JetSmarter has essentially redefined the entire industry with one, clear mission: to reimagine aviation as it was meant to be. Barsky had been the companys CFO before being promoted to president in January 2016, and his replacement as CFO, Joey Epstein, stayed just 10 months, before departing in October, according to his LinkedIn profile.

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