Trivago

Travel / hotel searchGermany
📉 Public < $1B
Peak $5 BillionToday
~-90%
from peak
  1. 🦄
    Became a unicorn
    2016
  2. 📈
    Peak valuation
    $5 Billion17
  3. 💔
    Became a Unitard
    2020
  4. 💸
    Last valuation
    ~$500M
Current status
Public (Nasdaq: TRVG); market cap ~$0.26B, down ~90%+ from its 2017 peak.

How it happened

Trivago is a German hotel-search and price-comparison site, majority-owned by Expedia, that became famous for its ubiquitous TV ads. It went public on Nasdaq in December 2016 at roughly a $3.9B valuation, and its shares climbed past $51 in 2017, pushing its market value above $5B. Heavy dependence on Google and Expedia for traffic, plus the pandemic's hit to travel, gutted the business, and the stock fell more than 90% to around $260M. Glassdoor reviews from Düsseldorf trace the decline from inside: employees pointed to strategy and team reshuffles every quarter, recurring layoff waves that swapped tenured staff for students and short-term contracts, and a product they felt had gone stale as rivals pulled ahead.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.

Source: CNBC / stockanalysis / Macrotrends (~$3.9B Dec 2016 IPO, ATH $51.41 July 2017 ~$5B; ~$258M market cap by 2025, -90%+; majority-owned by Expedia)

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