Venture Capital

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.

9 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.

10 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.

11 months ago

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.

12 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.

12 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.

1 year 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.

1 year 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.

1 year 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.

1 year 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.

1 year 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?

1 year 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.

1 year ago