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Online Travel

Video: Why Tech Backlash Has Silicon Valley Destined For More Regulation

Dan Peltier

Photo Credit: Max Levchin, Affirm's co-founder, speaking at Skift Tech Forum in Santa Clara, California, in June.  Skift

Skift Take

As more travelers become concerned with how their information is being used, the travel industry could learn a thing or two from Levchin's PayPal and his new company, Affirm, on how to build trust in an era of information overload.

Silicon Valley has changed how people plan travel, how they pay for it, and how they find out what to do when they get to a destination. Tech companies learned a lot about travelers and their data in the process and in many cases let third parties get too close for comfort to that data. It's not a question of whether more regulation is needed on companies like Facebook and Uber, but rather how soon and to what extent it will happen. That's the view of Max Levchin, a serial entrepreneur, investor, and CEO and co-founder of pay

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