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Venture Capital

JetBlue Launches Venture Capital Subsidiary to Invest in Travel Startups

JetBlue Launches Venture Capital Subsidiary to Invest in Travel Startups

Dennis Schaal, Skift

Don't expect JetBlue Technology Ventures to start throwing big bucks into travel startups. Instead, the airline is looking for some brand benefit from getting involved in the startup scene and to get access to some new technologies along the way.

10 months ago

Pan-African Booking Site Travelstart Attracts $40 Million in Funding

Pan-African Booking Site Travelstart Attracts $40 Million in Funding

Dennis Schaal, Skift

Whether hospitality or booking, Africa presents an enormous opportunity for first-movers right now.

10 months ago

A New LeisureLink Attracts $17 Million in Venture Funding

A New LeisureLink Attracts $17 Million in Venture Funding

Dennis Schaal, Skift

Clearstone Venture Partners claims that funding LeisureLink is a better investment than in Airbnb or HomeAway. That may be a frivolous boast but what's clear is that a lot of people are going to make a ton of money on the business and distribution side of the vacation rental and alternative lodging industry.

11 months ago

Risks and Benefits of Investing in Uber According to Morgan Stanley

Risks and Benefits of Investing in Uber According to Morgan Stanley

Julie VerHage, Bloomberg

Anyone putting money into Uber at this point is doing so at a time where Uber's earliest investors are warning publicly about a potential bubble bursting for unicorns and other startups. While Uber still has potential, it's highly unlikely that investing at its current valuation is a good idea for anyone.

11 months ago

Skyscanner’s First Venture Funding Since 2007 Came After Priceline Took A Look

Skyscanner’s First Venture Funding Since 2007 Came After Priceline Took A Look

Dennis Schaal, Skift

With Skyscanner's new funding and ample cash, the company sees itself as an acquirer over the next few months. Skyscanner believes a few modest acquisitions, increased marketing, and continued organic growth should do the trick. There won't be any quick, easy answers as this looks like a strategy for the long haul.

11 months ago

Travel Tech Corporate Investment Doubled in 2015

Travel Tech Corporate Investment Doubled in 2015

CB Insights

The activity is centered primarily on startups that have already shown promise — not the early stage players.

11 months ago

Skyscanner Raises $192 Million in Funding at $1.6 Billion Valuation

Skyscanner Raises $192 Million in Funding at $1.6 Billion Valuation

Dennis Schaal, Skift

Skyscanner has more or less been a bootstrapper in metasearch, growing mostly organically and profitably for the last seven years. But its challenge has been how to get to the next level. It's unclear how much of a difference this latest funding round will make since a chunk of it will be used as a payout to existing investors.

11 months ago

GM Invests $500 Million in Lyft in Escalation of Challenge to Uber

GM Invests $500 Million in Lyft in Escalation of Challenge to Uber

Eric Newcomer, Bloomberg

This makes the battle a little less like David Vs. Goliath for Lyft. But is an old-school corporation the partner Lyft needs?

11 months ago

How We Got off the Addiction to Venture Capital and Created Our Own Way to Profits

How We Got off the Addiction to Venture Capital and Created Our Own Way to Profits

Rafat Ali, Skift

This is our 4000-word story as we head into 2016, and hopefully lessons for other companies trying to create their own whitespace in this noisy business world.

11 months ago

Lyft Is Chasing After $1 Billion in New Investment

Lyft Is Chasing After $1 Billion in New Investment

Eric Newcomer, Bloomberg

Lyft will be giving up significant control to raise this billion — much more than its main rival does for the same amount of money.

12 months ago

Airbnb Confirms $1.5 Billion Funding Round

Airbnb Confirms $1.5 Billion Funding Round

Jason Clampet, Skift

Airbnb has an ample amount of privately raised cash to burn. That whole IPO thing is still on the agenda but off in the future.

12 months ago

The Unicorns: These Are the 15 Most Valuable Private Companies in Travel

The Unicorns: These Are the 15 Most Valuable Private Companies in Travel

Rafat Ali, Skift

The online travel booking world has seen few new successes in the last decade and this list reflects it. On the other hand, digital technologies are changing all other aspects of travel, transport and leisure activities.

1 year ago