![I am @Compound248 and this is the next installment in our Business Breakdowns mini-series focused on Digital Infrastructure. We will cover Gog, known for its eponymous inflight WiFi service, We cover the size of the market for in-flight connectivity, the technology powering Gogo's offering, and how Starlink differs.<br /><br />Our guest is Oak Thorne, who has led Gogo for 20 years into the success it is today. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here: https://www.joincolossus.com/episodes/90983440/thorne-gogo-internet-for-private-jets<br /> <br />-----<br />This episode is presented by Visible Alpha. The team at Visible Alpha built a platform to analyze consensus data and financial metrics on over 6,000 publicly traded companies. Rather than having to dig through models one by one, Visible Alpha extracts data from every line item across sell-side models so you can better understand expectations on metrics beyond just revenue and earnings. Listeners are invited to try Visible Alpha for free by visiting visiblealpha.com/breakdowns<br />-----<br />This episode is brought to you in partnership with Roundhill Investments, the advisor to the Roundhill IO Digital Infrastructure ETF – BYTE - which trades on the New York Stock Exchange under the ticker symbol BYTE. The fund tracks the BYTE Index, which measures the performance of 40 leading global digital infrastructure businesses, such as towers and mobile communications, fiber and fixed line connectivity, and data centers. For a prospectus and more information, please visit roundhillinvestments.com/etf/byte.<br />-----<br /> <br />Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes.<br /> <br />Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.<br /> <br />Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss<br /> <br />Show Notes<br />[00:00:00] - Introduction<br />[00:04:02] - [First question] - Gogo’s history and how his history intersects with it<br />[00:08:03] - His background and what lead him to joining Gogo <br />[00:10:01] - A primary focus on US airlines and high-end air travel specifically<br />[00:12:33] - What the competitive landscape looks like today and how many planes they have<br />[00:14:15] - Whether the formerly unaddressable planes will make their way into their fleet <br />[00:16:04] - Their product offerings today and the differences between them <br />[00:19:26] - Overview of their business economics and their digital infrastructure <br />[00:21:31] - Unit economics and labor and install costs<br />[00:24:17] - CapEx, service revenue, and a projected 20% system growth <br />[00:25:55] - Cost structure margin on their recurring service revenue <br />[00:27:25] - Momentum of business growth year-over-year<br />[00:28:29] - How the ATG network actually works and how the 5G connection improves it <br />[00:30:44] - What portion of their business comes from aftermarket installations<br />[00:32:18] - Competitive nature of this sector and if someone could come after Gogo<br />[00:40:42] - Describing the differences between GeoSatellite and Elon’s Starlink<br />[00:46:19] - Reasons why Starlink might become a competitor<br />[00:48:56] - How Gogo’s 5G and global broadband product are offensive and defensive <br />[00:51:24] - Portion of new US delivery aviation planes built with in-flight WiFi solutions<br />[00:55:01] - How long he anticipates this growth runway to continue <br />[00:56:27] - Potential risks to Gogo from a legal and regulatory perspective <br />[00:59:50] - Cyclicality of their clients and suspended business periods <br />[01:04:57] - Two key lessons for others attempting to build and lead a company<br /><br />#businessbreakdowns #gogo #podcast](https://media.thebusinessprofessor.com/wp-content/plugins/youtube-feed-pro/img/placeholder.png)
I am @Compound248 and this is the next installment in our Business Breakdowns mini-series focused on Digital Infrastructure. We will cover Gog, known for its eponymous inflight WiFi service, We cover the size of the market for in-flight connectivity, the technology powering Gogo’s offering, and how Starlink differs.
Our guest is Oak Thorne, who has led Gogo for 20 years into the success it is today.
Show Notes
[00:00:00] – Introduction
[00:04:02] – [First question] – Gogo’s history and how his history intersects with it
[00:08:03] – His background and what lead him to joining Gogo
[00:10:01] – A primary focus on US airlines and high-end air travel specifically
[00:12:33] – What the competitive landscape looks like today and how many planes they have
[00:14:15] – Whether the formerly unaddressable planes will make their way into their fleet
[00:16:04] – Their product offerings today and the differences between them
[00:19:26] – Overview of their business economics and their digital infrastructure
[00:21:31] – Unit economics and labor and install costs
[00:24:17] – CapEx, service revenue, and a projected 20% system growth
[00:25:55] – Cost structure margin on their recurring service revenue
[00:27:25] – Momentum of business growth year-over-year
[00:28:29] – How the ATG network actually works and how the 5G connection improves it
[00:30:44] – What portion of their business comes from aftermarket installations
[00:32:18] – Competitive nature of this sector and if someone could come after Gogo
[00:40:42] – Describing the differences between GeoSatellite and Elon’s Starlink
[00:46:19] – Reasons why Starlink might become a competitor
[00:48:56] – How Gogo’s 5G and global broadband product are offensive and defensive
[00:51:24] – Portion of new US delivery aviation planes built with in-flight WiFi solutions
[00:55:01] – How long he anticipates this growth runway to continue
[00:56:27] – Potential risks to Gogo from a legal and regulatory perspective
[00:59:50] – Cyclicality of their clients and suspended business periods
[01:04:57] – Two key lessons for others attempting to build and lead a company
#businessbreakdowns #gogo #podcast