Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel
No Priors: Artificial Intelligence | Technology | Startups

Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

B1IntermediateJuly 9, 202641 min

When Glenn Fogel joined Priceline in 2000, the business was worth a few hundred million dollars. One week later, the Nasdaq peaked, eventually sending its stock down to a dollar a share. But over 25 years later, Booking Holdings has scaled over 1000x into an over $100 billion dollar global travel behemoth. Elad Gil is joined by Booking Holdings CEO Glenn Fogel to discuss his career, from law school and Wall Street to working at Priceline through the dot-com crash, and to helping grow the business into a multifaceted, dynamic travel marketplace in the AI era. Glenn explains how leveraging AI and...

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There is no such thing as somewhere you're going to be protected against innovation.

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0:00

There is no such thing as a moat. There is no such thing as somewhere you're going to be protected against innovation. Today, we have a competitive advantage on areas. Absolutely.

0:12

But those can go away tomorrow. The only one to win long term is to continue to develop new services, new ways to do things. How can we do your business better? What do you need?

0:21

Where you need more demand. Where are you hurting? It's so much more complex. If you think you're just going to come in and do this business and knock away these very big players, I'd say you should really understand what the business is before you decide to commit your capital.

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