What comes next in the sequence - 1, 3, 23, 367, ?

Answer 1

1*4-1=3
3*8-1=23
23*16-1=367
367*32-1=11743

Answer 2

the logic is,
1*2^1 -1=1;
1*2^2 -1=3;
3*2^3 -1=23;
23*2^4 -1=367;
367*2^5 -1=11743;
so ans is 11743.

Answer 3

The sequence is generated as follows:
1
(1 * 4 ) - 1 = 3
( 3 * 8 ) - 1 = 23
(23*16)-1 = 367

(367 *32) - 1 = 11743

The answer is 11743