Starting a business that is successful and starting a business that quickly grows to be worth a billion dollars is difficult. Sergey Petrossov, the founder of a billion-dollar start-up, has done just that. His company, JetSmarter is one of the highest-valued private startups at just 28 years old.
The businessman started his company in 2016 and has not looked back since. He moved to the United States, specifically to California with his parents when he was just four years old. His family eventually moved to Florida where he would attend university with a focus on business and technology. He started a few different businesses, one of which is still working today to help with long-distance education for students in Eastern Europe.
He then became involved and interested in aviation and found that of the thousands of private jets that fly each day, not nearly all of them are full. He then came up with the idea for JetSmarter, the company that would allow those looking for private jet flights to charter flights and to get to where they wanted to be. His goal was to provide a service to both the private jet owners looking to fill their jets and to the people looking to fly private at a moment’s notice.
For a fee, members have access to flights and can book either fully private flights or can charter a plane with other fliers. The goal is to create a community-based experience where users can access flights that are available and where they can meet new people as well while flying. The company has investors from famous rappers to the Saudi Royal family and they are set to continue to expand and to grow as the need for flights and private jets grows.
His company is valued at over a billion dollars and he is working to create new technology, new opportunities, and new experiences for anyone that wants to fly private.