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The five angel investors who rule the world of travel startups
DigitalErik Blachford, a former CEO of Expedia, was traveling to Seattle for a board meeting of Zillow, the real estate marketplace co-founded by his good friend Rich Barton, who founded Expedia for Microsoft and was the online travel agency’s first CEO. Blachford, a Zillow investor, booked his hotel stay through Sam Shank’s Hotel Tonight, and [...]
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Hotel search site Room 77 gets its CEO: Jetsetter founder Drew Patterson
DigitalAfter a several-month CEO search, the heavily-funded hotel search startup Room 77 has its first official CEO: Jetsetter co-founder and CEO Drew Patterson. A surprise pick, Patterson left flash-sales site Jetsetter amidst controversy 10 months ago and in the interim co-founded a hotel and mobile software startup, CheckMate.io, which is still at a very early stage. As [...]
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Hotel discovery site Room 77 searches for a CEO after raising $43 million in funding
DigitalAt the stage when the boards of some companies are apt to dump the founder/CEO, Room 77 is actively searching for its first CEO, Skift has learned. Founded in 2009 by Brad Gerstner, who serves as chairman, the hotel search and booking site is hunting for a “visionary” CEO who is obsessed with the user [...]
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Expedia and Concur team up for $30 million funding round for Room 77
DigitalExpedia Inc. joined some of hotel-metasearch company Room 77′s existing investors in a $30.3 million Series C financing round in the latest chess move as online travel agencies grab a piece of the comparison-shopping market. The investment binge, which brings Room 77′s total funding since 2010 to $43.6 million, follows the still-pending Priceline $1.8 billion [...]
