4.6 • 683 Ratings
🗓️ 13 February 2020
⏱️ 22 minutes
🧾️ Download transcript
MBA ESSEC (France). Started his career in 2000 in the Consulting Industry (Strategy & Management). Moved to the corporate travel industry in 2005 (heading the consulting departments of CarlsonWagonlitTravel and then American Express GBT). Hired by Sodexo in 2015 to create a new business line targeting the Mobility services. Created and launched Rydoo in June 2018.
Click on a timestamp to play from that location
0:00.0 | In 2015, he got involved with Sodeco and then in 2018, spun out Rai-Doo. |
0:04.5 | Company, again, focused on a very specific vertical that the overall company was focused |
0:09.6 | on, obviously the overall company is publicly traded company. |
0:11.9 | Rydu is focused on travel and expense management. |
0:14.6 | Now serving out 6,500 customers, less than 3% annual revenue turn as they look to scale with their team of 300. |
0:22.9 | Hello, everyone. My guest today is Sebastian Marchan. He's an MBA. He earned his MBA in France, |
0:28.7 | started his career in 2000, the consulting industry, and then moved to the corporate travel |
0:32.6 | industry in 2005. Then was hired by Sodeco in 2015 to create a new business line targeting the mobility |
0:39.3 | services. |
0:40.5 | He created and launched his current company, RIDU, in June 2018, to plan the travel and expense |
0:45.8 | management space. |
0:47.1 | Sebastian, are you ready to take us to the top? |
0:49.3 | Yes, I am. |
0:50.3 | All right. |
0:50.7 | So what is Rai Du and what's the business model? |
0:53.1 | How do you make money? |
0:54.5 | Yeah, sure. So RIDU is a B2B application that, let's say, dramatically simplifies the way companies and |
1:02.0 | employees manage their travel and expenses. We actually offer two different modules. One is a travel booking |
1:09.6 | module. So you can have access to, you know, |
1:13.4 | thousands, well, millions of rates, fares, hotels, airlines, car rental companies train. |
1:20.7 | And on top of accessing all these negotiated fares and rates, we don't, you don't have to pay for it. |
1:28.8 | I mean, there is a central payment. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Nathan Latka, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Nathan Latka and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.