Julie Johnsson and Michael Sasso, Bloomberg
From outward appearances it seemed as though the activist investors were a long-shot in succeeding as most of the unions were against them. But with a 7% stake in the airline and years of travel industry expertise Altimeter and PARS got the ears of the right people on the board and other investors. And they had a good point.
3 years ago
Dennis Schaal, Skift
United's lack of leadership on its board, as well as a shallow executive bench, was an issue before former CEO Jeff Smisek was forced out in October. Outside of Munoz' appointment to the CEO position, that picture hasn't changed since then.
3 years ago
Dennis Schaal, Skift
Room 77 will keep innovating and has a great product. In the big picture it won't face the thankless task of competing against the big brands forever because one of those huge players will undoubtedly end up acquiring it. Hipmunk has similar challenges, and prospects.
5 years ago
Dennis Schaal, Skift
Altimeter Capital's new venture capital fund won't be exclusively devoted to travel startups, but expect to see it making news along the lines of Concur's larger Perfect Trip Fund, which indeed concentrates on travel.
6 years ago