Author
Author

Dave Berkus

Managing Partner at Wayfare Ventures LLC

David Berkus

Dave Berkus is one of the nation's most prolific angel investors with over 190 early stage technology investments. Board member or chairman of over forty of these over the years, companies both private and public. Serves on a number of high profile non-profit boards as well. Author of fourteen books on early stage business-building, and in-demand speaker at national and international events sharing stories and wisdom related to entrepreneurs, building boards of directors, trends in technology and valuing young corporate enterprises.

Creator of BERKONOMICS.COM, weekly insights for entrepreneurs and investors delivered to over 200,000 readers each month and syndicated to an estimated 300,000 more readers monthly. Author of three BERKONOMICS books, the Small Business Success Collection of eight books, and EXTENDING the RUNWAY. Co-author of "Get Scrappy," (2015) and "Better than Money," (1993), the first book written about angel investing (out of print). In 1998, Inc. Magazine called Dave Berkus a "Super Angel," the first known use of the term.

TEDx talk, "Smiling at Success; Laughing at Failure;" syndicated TV segment "The Berkus Report" for "Eye on Business TV" and Wikipedia profile all available at www.berkus.com, www.berkonomics.com, and www.daveberkus.com.

Manages six early stage investment funds: Wayfare Ventures LLC, Kodiak Ventures, LP, ACE Funds (1,2,3), and Berkus Tech Ventures LLC.

More about Dave Berkus

Insights by Dave Berkus (10)

Solving Labor Shortage Through Technology

Short term or long term? In the short term, raise wages and prices to match. Our industry has shamelessly underpaid its line workers for as long as we can measure, and surely longer.

SHIFT + DEL! Do we need a massive reset?

Well, there are some apps today that claim to be "all things to all users." (Cloudbeds is an example.) Yet, larger properties are far more complex and require features or apps that manage sales contracts, function rooms, group and complex suite management and more.

Is 'data scientist' the next hot position in hotels/hospitality?

The need for both a person and for systems to make sense of diverse data has risen from a tactic to a strategy during these recent years. It isn't just the relatively low hanging fruit of analyzing data trapped within the PMS, CRS, CRM systems deployed at the property or in the cloud or within the corporate system, it is data about competitors' occupancy, pricing strategies and more that requires thoughtful outreach.

Thoughts and recommendations for CYBER HITEC!

HITEC has been and continues to be the most important tech event in hospitality. I've attended without a miss since 1978, forty-two consecutive years. HITEC is valuable for us to stay abreast of the changes year to year.

Are there any quick-fix IT solutions for hotels in the post-COVID new normal?

IT professionals need to wear their data analytics hat for the next several months at the very least. The problem is that all metrics comparisons to last year same day, week, and month are useless for the first time.
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