Skift Take
After a difficult year, 2021 is likely to be a year of travel startup exits and consolidation fueled by IPOs, M&A, and — new on the scene — SPACs. These deals could help drive renewed enthusiasm for investing in and founding companies within the travel.
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In our latest report, Skift Research looks into venture capital investments in travel startups. The global coronavirus pandemic was the deepest crisis the travel industry has ever faced but the silver-lining of situations like these is that they can be a catalyst for generational transformation. This presents a target-rich environment for venture capitalists looking to back impactful new technologies and businesses.
The below excerpt focuses on Skift Research's analysis of special purpose acquisition corporations that rose in prominence this year as a new way to invest in startups. Get the full report here to stay ahead of this trend.
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This year is likely to be one of startup exits, a rebound from the low number of transactions closed in 2020. Airbnb proved that the initial public offering market is red-hot for the right businesses and on t