Money makers: the £1.4bn venture founded over a pint

China's Ctrip has agreed to buy travel website Skyscanner for £1.4bn – a lot of money for a business that began life in the pub, says Chris Carter.

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Gareth Williams collaborated with his friends from university
(Image credit: Chris Watt/Visual Media)

Skyscanner, the travel website sold to Chinese rival Ctrip last week for £1.4bn, began life in very British surroundings. In 2001 three friends from university, Gareth Williams (pictured), Barry Smith and Bonamy Grimes, met down the pub for a drink.

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Chris Carter
Wealth Editor, MoneyWeek