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Right from day one you realize you are part of a great team. Everyone is pulling in the same direction and striving to innovate and move things forward. Every idea is considered and encouraged and this leads to highly collaborative culture. Hotels.com has the feeling of a start-up but with the structure and maturity of a large multinational company.
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Categories: 2008 establishments in CaliforniaCompanies based in San FranciscoCompanies established in 2008Hospitality companies of the United StatesMultilingual websitesOnline marketplaces of the United StatesPeer-to-peerPrivately held companies in the United StatesReal estate services companies of the United StatesSocial networking websitesSharing economySocial planning websitesTravel websitesVacation rentalY Combinator companies
To help fund the site, the founders created special edition breakfast cereals, with presidential candidates Barack Obama and John McCain as the inspiration for "Obama O's" and "Cap'n McCains". In two months, 800 boxes of cereal were sold at $40 each, which generated more than $30,000 for the company's incubation. It also got the company noticed by computer programmer Paul Graham, who invited the founders to the January 2009 winter training session of his startup incubator, Y Combinator, which provided them with training and $20,000 in funding in exchange for a small interest in the company. With the website already built, they used the $20,000 Y-Combinator investment to fly to New York City to meet users and promote the site. They returned to San Francisco with a profitable business model to present to West Coast investors. By March 2009, the site had 10,000 users and 2,500 listings.