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.
The activity is centered primarily on startups that have already shown promise — not the early stage players.
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.
This makes the battle a little less like David Vs. Goliath for Lyft. But is an old-school corporation the partner Lyft needs?
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.
Lyft will be giving up significant control to raise this billion — much more than its main rival does for the same amount of money.
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.
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.
Learn about the trends that are driving venture funding in travel, and what startups need to know as they vie to secure the capital necessary for their growth.
A handful of major disruptive companies in travel and hospitality are enjoying sky-high valuations as they secure late-round funding, while an ever-increasing number of newer startups are vying for investment capital as they target more specific markets.