The New $75 Million Venture Fund That Will Invest Heavily in Travel Startups
Skift Take
Altimeter Capital's new venture capital fund won't be exclusively devoted to travel startups, but expect to see it making news along the lines of Concur's larger Perfect Trip Fund, which indeed concentrates on travel.
Brad Gerstner, a serial angel investor in travel, and the hedge fund he founded and runs, Altimeter Capital, just closed on a $75 million venture capital fund that will be heavily involved in funding travel startups.
Gerstner, who founded hotel-search startup Room 77, tells Skift he will continue his personal angel investment blitz (Room 77, HotelTonight, Nor1, SilverRail Technologies, Space Monkey, Fundly, Farecast and Zillow) when the funding is $100,000 or less, but larger investments into pr
