Resy

@benleventhal awesome idea. i'm curious tho what's the business potential here - how are you you guys going to monetize?

@eriktorenberg Thanks! We partner with the restaurants on the platform and take a % of every table we book.

@benleventhal i wonder at what volume traffic needs to be to be making significant revenue. has anyone tried this before with even a modicum of success? why will resy succeed where others didn't? is the timing better for this?

@eriktorenberg The notion of selling premium reservations isn't new, although in the past the restaurants were excluded and solo shops essentially scalped tables. Some were explicit about it, others used the guise of being a "concierge." We like the timing, yes, as restaurants really have become a form of entertainment. Saturday night isn't dinner and a show anymore; it's just dinner. We're also hyper-focused on the experience of booking. We're starting with the most scarce inventory, but @Resy eventually grows to be much more. We want you to book on Resy as a matter of habit, because we're going to save you a ton of time, for one—and for lots of reasons you're just really going to like using the platform.

@daveambrose Thanks, Dave!

@benleventhal Ben, great idea, great set of backers. Good luck!

@alexiskold Many thanks, Alex.