Fred Lalonde

CEO and Founder at Hopper
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Frederic Lalonde is the CEO and Co-Founder of Hopper, the smart way to book travel on your phone. He previously co-founded Newtrade, where he successfully raised $7 million in two rounds of venture capital and built the company up to 70 employees. Newtrade was acquired by Expedia in 2002, 21 months after their first round of funding.

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  • For the same dollar of travel sold, customers spend 15% more. That’s larger than gaming. There’s an incredible opportunity to develop that.

  • In recent weeks, we have seen higher domestic bookings and lower international bookings on Hopper, as travelers look to stay closer to home. Since Hopper’s customer base is predominantly younger, leisure travelers and the majority of our bookings have been domestic throughout the pandemic, our domestic bookings still remain stable.

  • I’ve been an entrepreneur all my life. I started my first company Newtrade technologies in 1997 when I was 19. And I sold it to Expedia in 2002. I ended up joining Expedia as a result of that acquisition, working with and learning from Expedia founders Richard Barton and Lloyd Frink. They’re now doing Zillow among other things. Expedia was a formidable consumer company. And a lot of what we do today at Hopper is inspired by those learnings.

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