The IPO Process in Going Public

Expedia is now the largest seller of travel in the world, sells over $70 billion a year in travel. Bill Gates and Steve Ballmer who was my boss at Microsoft did honor their pledge to consider spinning off Expedia from Microsoft when I went and asked them for $100 million to spend on television advertising but they said no. When we do Q&A we can talk about the IPO process in going public, if you're interested it's something I've taken more than one company public and been part of many others as they go public including Netflix.