The Under Canvas Co-Founder: Building a $100 Million Company | Sarah Dusek 99

Sarah Dusek had built Under Canvas when a private equity buyer took a majority stake at a valuation north of $100 million. Michael Russell opens the episode by asking what they were actually buying. Her answer is two words: embedded EBITDA. In this episode, Sarah explains how Under Canvas came to own both the real estate and the operating company as a single business with almost no bricks and mortar, and why that structure is unusual in hospitality. Michael presses her on whether glamping is ...