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Venture Capital

Room 77 Investors Lost Half of Their Investment, Employees Got Nothing

Room 77 Investors Lost Half of Their Investment, Employees Got Nothing

Dennis Schaal, Skift

Like Hipmunk, Room 77 had an innovative product and talented team but ran into a buzz saw: the marketing clout of Google preferencing its own products, and Expedia, Booking.com and Kayak. Don't feel sorry for the venture capital firms receiving just 53 cents on the dollar. That's the game they play. The real losers are the angel investor and employees, although we're sure for many it was quite a ride nonetheless.

2 weeks ago

The State of Travel Startup Investment in 2016

The State of Travel Startup Investment in 2016

Dave Montali, Skift

While travel funding saw a decline compared to last year, investments are still flowing into the industry.

2 weeks ago

What’s Keeping Uber and Airbnb From Going Public

What’s Keeping Uber and Airbnb From Going Public

Dave Montali, Skift

Are IPOs a feasible option for the sharing economy?

2 weeks ago

New Skift Trends Report: Venture Investment Trends in Travel 2017

New Skift Trends Report: Venture Investment Trends in Travel 2017

Luke Bujarski, Skift

The very nature of investment in the travel startup space remains complicated. A lot of hype but also plenty of opportunity and big payouts for those who can bring together the right tech, the right user experience, for the right market segments. This report delves into what has worked and what investors should be paying attention to moving into 2017.

4 weeks ago

The Changing Face of Accelerators, the Travel Industry and Startup Opportunities

The Changing Face of Accelerators, the Travel Industry and Startup Opportunities

Dan Peltier, Skift

Artificial intelligence and messaging are the trends of the day that many startup accelerator programs are interested in but there is also plenty of opportunity for aviation-oriented startups, in particular, to swoop in and command the attention they deserve -- and airlines desperately need their help.

3 months ago

Google Study Forecasts Southeast Asia Online Travel Market at $76 Billion in 2025

Google Study Forecasts Southeast Asia Online Travel Market at $76 Billion in 2025

Dan Peltier, Skift

When it comes to the potential of Southeast Asia's diverse online travel market, investors and online travel brands can no longer view what will be a gigantic market as something they can ignore for now and figure out later.

4 months ago

Uber Grabs $3.5 Billion From Saudi Investment Fund

Uber Grabs $3.5 Billion From Saudi Investment Fund

Brandon Bailey, Associated Press

Despite concerns about a possibly bloated valuation, Uber has had little difficulty attracting never investors. This will ensure that Uber's growth path won't stall out in the short-term, at least.

6 months ago

State of Travel 2016: Illustrating Travel Startups in 6 Charts

State of Travel 2016: Illustrating Travel Startups in 6 Charts

Jason, Skift

Travel startups are no doubt fun ideas. But they have shown returns that aren't as fun by VC standards as other industries.

7 months ago

Airbnb’s Local Commerce Moves and More Digital Marketing News This Week

Airbnb’s Local Commerce Moves and More Digital Marketing News This Week

Jeremy Kressman, Skift

Airbnb's new user-generated city guides feature suggests the company has aspirations that extend well beyond the hospitality and accommodations-sharing sector. Companies like Yelp and TripAdvisor are likely watching this new move with interest.

7 months ago

Vacation Rental Management Firm Vacasa Attracts $35 Million in Funding

Vacation Rental Management Firm Vacasa Attracts $35 Million in Funding

Dennis Schaal, Skift

Professionally managed vacation rentals, when done right, offer an increased level of confidence for consumers. Vacasa's $35 million in funding is an endorsement of its growth trajectory and that of a key segment of the industry.

8 months ago

Lola Attracts $8 Million in New Funding and Adds Online Travel Veterans to Board

Lola Attracts $8 Million in New Funding and Adds Online Travel Veterans to Board

Dennis Schaal, Skift

Still-unproven Lola, the travel startup, has some online travel heavy hitters as co-founders, investors and board members. If the premise to involve human travel agents in trip-planning doesn't work out then the team can always pivot toward something else.

8 months ago

Skift Podcast: The State of Travel Startups and Venture Capital in 2016

Skift Podcast: The State of Travel Startups and Venture Capital in 2016

Jason Clampet, Skift

Will the deflation in overall tech startup sector affect travel startups old and new? Listen in.

10 months ago