3 ms·
It seems unlikely that he was brought in to take Expedia public, since he joined 6 years after their IPO. Expedia went public in 1999 [1], when Dara Khosrowsha
by sjbase 9y ago
It seems unlikely that he was brought in to take Expedia public, since he joined 6 years after their IPO.
Expedia went public in 1999 [1], when Dara Khosrowshahi was working for an Expedia competitor: IAC. He didn't join Expedia until 2005, when IAC acquired Expedia [2].
Maybe I'm missing something?
[1]: http://www.nasdaq.com/markets/ipos/company/expedia-inc-1567-2927 http://www.nasdaq.com/markets/ipos/company/expedia-inc-1567-...
[2]: https://en.wikipedia.org/wiki/Dara_Khosrowshahi https://en.wikipedia.org/wiki/Dara_Khosrowshahi
- jklein11 9y agoThat's odd, crunchbase says their IPO was in July of 2005.[1] According to Expedia's website, IAC acquired Expedia in August of 2003[2]. It looks like between 2000 & 2005 Expedia/IAC had acquired a number of online travel companies. My thought is that when IAC purchased Expedia it was no longer being traded publicly. In 2005 IAC rolled in the additional travel companies and put Expedia back on the public markets. [1] https://www.crunchbase.com/ipo/7451f106bd9bae69f9eb02a69f8c4985 https://www.crunchbase.com/ipo/7451f106bd9bae69f9eb02a69f8c4... [2] http://www.expediainc.com/about/history/ http://www.expediainc.com/about/history/