Booking Holdings CEO Glenn Fogel on travel industry trends, M&A, leadership, and more! | E1830
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 17 October 2023
⏱️ 53 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
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DevSquad. Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist.
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Today’s show:
Booking Holdings CEO Glenn Fogel joins Jason to discuss trends in the travel industry (31:20), healthy M&A environments (24:24), job disruption due to AI (37:22), and much more!
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Time stamps:
(0:00) Booking Holdings CEO Glenn Fogel joins Jason
(2:37) Booking Holdings' companies and their operations
(5:30) Shifts in the travel industry
(10:52) A look at the ascension of Airbnb
(15:25) The impact of alternative accommodations
(17:15) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(18:21) AI's influence on user interfaces
(20:55) Uber's entry into travel and Uber’s everything app
(22:44) Competition in travel
(24:24) What makes for healthy M&A in the USA and thoughts on Lina Khan's strategy
(28:19) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(29:44) Consequences of removing M&A from the table
(31:20) Trends in travel over the past two decades
(34:14) Advocating for a 32-hour work week in China and the four-day work week debate
(37:22) Job disruption due to AI and where will people shift to next
(41:01) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist
(42:19) Traits of generations X, Y, and Z in relation to entrepreneurship and capitalism
(45:34) Selecting company leaders and management techniques
(48:00) Recovering from COVID-19's impact on the travel industry
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | When you stop the larger companies from being able to buy |
| 0:04.7 | those more more nimble agile new startups, |
| 0:08.5 | that's going to create a bit of a problem in this whole system. |
| 0:12.8 | And I don't think anybody in the FTC has thought this through |
| 0:17.5 | nor am I certain that you even care. |
| 0:19.4 | But that is something as overall as our society |
| 0:23.5 | trying to create new and better things for all of us, |
| 0:25.8 | that is something that we should all be concerned about. |
| 0:28.0 | This week in startups is brought to you by |
| 0:30.9 | Vanta. Compliance and security shouldn't be a deal breaker for startups to win new business. |
| 0:36.7 | Vanta makes it easy for companies to get a sock to report fast. |
| 0:40.8 | Twist listeners can get $1,000 off for a limited time |
| 0:45.2 | at vanta.com slash twist. LinkedIn marketing. |
| 0:49.9 | To redeem a free $100 LinkedIn ad credit and launch your first campaign, |
| 0:55.1 | go to LinkedIn.com slash this week in startups and DevSquad. |
| 1:03.0 | Most Dev agencies only offer developers. |
| 1:06.4 | Why? Because product management is hard. |
| 1:09.7 | Get an entire product team for the cost of one US developer |
| 1:14.1 | plus 10% off at devsquad.com slash twist. |
| 1:20.0 | All right, everybody. Welcome back to this week in startups. |
| 1:22.9 | Hey, just last week we had Kayak CEO and co-founder Steve Haffner on the program |
| 1:27.5 | and gave us a bunch of insights into the travel industry. |
... |
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