Viator: Rod Cuthbert
How I Built This · 14 Oct 2024 · 1h 09m
What this episode covers
Rod Cuthbert, founder of Viator, explains how a failed contract with travel technology giant Sabre in 1997 led to the creation of an online booking platform for tours and activities. After securing funding from Carlisle Ventures, Cuthbert and his team pivoted from a B2B model to a consumer-focused marketplace, introducing premium 'skip-the-line' experiences at major attractions like the Vatican. The company survived near-bankruptcy in 2005 by raising capital through a serendipitous connection with an investor, eventually growing to $300 million in gross bookings before being acquired by TripAdvisor for $200 million in 2014.
Most relevant to
early-stage companies and companies scaling up
Topics
Mentioned
- Companies
- Sabre, Expedia, TripAdvisor, Carlisle Ventures, Look Tours, Rome to Rio, U.S. Bank
- Products
- Viator
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