Articles tagged “venture capital”

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

Sean O'Neill, Skift

Smaller online travel agencies try to make money by grabbing nickels and eurocent coins ahead of the steamrollers of global advertising behemoths. The underreported story of why China's largest travel company acquired a tiny Dutch travel group highlights the phenomenon.

6 days ago

Thayer Ventures Closes $80 Million Fund to Back Travel Startups

Thayer Ventures Closes $80 Million Fund to Back Travel Startups

Sean O'Neill, Skift

Expect investments in travel startups to hit their lowest levels in total amounts since the global financial crisis a decade ago. But when less capital is chasing deals, persistent venture capital firms may have a better shot at nurturing long-term bets.

2 weeks ago

Travel Startups Still Managed to Raise $1.4 Billion During One Turbulent Quarter

Travel Startups Still Managed to Raise $1.4 Billion During One Turbulent Quarter

Sean O'Neill, Skift

Warren Buffett, the billionaire investor, once said that it's "only when the tide goes out that you learn who's been swimming naked." Some of the 57 travel startups worldwide that raised funding in the first months of the year may be about to reveal all.

4 weeks ago

Airbnb Grabs $1 Billion Investment From Silver Lake and Sixth Street Partners

Airbnb Grabs $1 Billion Investment From Silver Lake and Sixth Street Partners

Dennis Schaal, Skift

Silver Lake and Sixth Street likely got a very attractive deal in exchange for their investment.

2 months ago

Should Venture Capital Be Betting on Travel Now? New Skift Research

Should Venture Capital Be Betting on Travel Now? New Skift Research

Seth Borko, Skift Research

Travel is a long-term megatrend because all across the globe people appreciate the value that it brings to their lives. This holds true across a vast range of human differences — cultural, geographical, religious, historical, generational, and more.

2 months ago

Here’s What Airbnb Is Confidentially Telling Potential Investors About a New Survey

Here’s What Airbnb Is Confidentially Telling Potential Investors About a New Survey

Dennis Schaal, Skift

Airbnb will likely have no trouble raising money, assuming the valuation and terms are palatable to investors, but it's dubious that they will chip in a few hundred million dollars each based on the supposedly inherent advantages of Airbnb's product.

2 months ago

From Crisis Will Come Eventual Opportunity for Venture Capital in Travel: New Skift Research

From Crisis Will Come Eventual Opportunity for Venture Capital in Travel: New Skift Research

Seth Borko, Skift Research

We are headed into a winter for travel startups. But travel won't be gone forever. And history teaches us that startups are often the first to pinpoint our industry’s new direction as we exit a crisis.

2 months ago

GetYourGuide, Omio, Other Travel Tech Startups Hunker Down

GetYourGuide, Omio, Other Travel Tech Startups Hunker Down

Douglas Busvine, Reuters

GetYourGuide top boss Johannes Reck said coronavirus may inflict a "nuclear winter" on the travel industry this year but that it has the resources to withstand the blow. Omio, Flixbus, and other European travel startups also are hoping for the best.

2 months ago

Why Airbnb Won’t Do an Initial Public Offering in 2020

Why Airbnb Won’t Do an Initial Public Offering in 2020

Dennis Schaal, Skift

Airbnb has always put itself out there as not just another startup or your grandmother's online travel agency. Going the direct listing route, as opposed to a far costlier initial public offering, could fit in nicely with that narrative.

8 months ago

Boutique Rental Brand Sonder Raises Another $225 Million

Boutique Rental Brand Sonder Raises Another $225 Million

Patrick Whyte, Skift

Sonder's hotel-style serviced apartments operate in that sweet spot between Airbnb homeshares and full-on hotels. There are, of course, plenty of rivals doing a similar thing, but this funding round will enable Sonder to expand its business and give it a competitive edge.

11 months ago

Skift Top Travel Startups to Watch 2019

Skift Top Travel Startups to Watch 2019

Sean O'Neill, Skift

We’ve pinpointed 25 of the most promising venture-backed travel companies. Check out our list to find a useful partner for your business.

11 months ago

How Healthcare’s Gender Bias Created a Booming Wellness Industry

How Healthcare’s Gender Bias Created a Booming Wellness Industry

Laura Powell, Skift

Ask any woman, and she’ll likely tell you she’s been told by a medical doctor, either implicitly or explicitly, that “it’s all in your head.” The medical industry’s tendency to dismiss many of the health concerns of female patients has been a big factor in the rise of the wellness industry.

1 year ago