Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
26 Jul 2017 Acquired Booking.com with Jetsetter & Room 77 CEO Drew Patterson
“In part I would say there was a moment where it was flooded with a lot of entrepreneurs.”
— Speaker unverified
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Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 26 Jul 2017
- Publisher
- Acquired
Transcript context
…And so that kind of wraps up the history and facts here, but one just sort of fun side note in doing the research that Drew, I had wanted to ask your thoughts on, what’s really crazy to me, this is such a big market. Again, Priceline group, when we said at the top of the show, $90 billion market cap, that's three Airbnb’s and more than Netflix. And it’s not like Expedia is a small company either or any of these other companies. But the industry is so small people-wise, like it’s a total cabal and like reading the Skift Oral History and all of these folks who are the major players bounce between company to company. I mean, even you, you’ve been at Jetsetter, you’ve been at Room 77. It’s all such a small world. Why is this not flooded with entrepreneurs? Gosh. A great, great question. In part I would say there was a moment where it was flooded with a lot of entrepreneurs. There’s a lot of company formation that led to these businesses. So if you look at take Expedia today, Expedia is the sum of Expedia plus Travelocity plus Orbitz plus Wotif. Travelocity was a combination of Preview Travel and Travelocity. And Hotwire is in there too.…
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