Articles tagged “venture capital”

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Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Dennis Schaal, Skift

Honesty is the best policy. Even if it clashes with a nice FareHarbor bootstrapping story that seemed too good to be true.

1 year ago

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Sean O'Neill, Skift

Several travel startups dream of going public. Lyft's initial public offering shows that profitability isn't necessarily as important as growth in the eyes of some investors, among some other key lessons.

1 year ago

What Next-Gen Alternative Accommodations Will Look Like: New Skift Research

Seth Borko, Skift Research

Analyzing startups and venture capital trends helps us glimpse the future of travel.

1 year ago

AirAsia Targets Startups With New Venture Capital Fund

AirAsia Targets Startups With New Venture Capital Fund

Sean O'Neill, Skift

As an airline, AirAsia has led its peers in many metrics, especially on cost control. But its new effort to nurture startups has the odds against it. Will this effort bring strategic gains for the company? We’ll know in a few years.

1 year ago

What Venture Capital Likes in Travel Startups: New Skift Research

What Venture Capital Likes in Travel Startups: New Skift Research

Seth Borko, Skift Research

Analyzing startups helps us understand what the future of travel holds. The latest generation of startups promises innovation across many facets of travel: hospitality, tours, airlines, business travel, and more.

1 year ago

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Sean O'Neill, Skift

To quote a smart venture capitalist, "Just because investment money is pouring in doesn’t mean all bets are good bets!” WhyHotel itself may be a well-run business, but the sudden rush of venture money into a full array of hospitality businesses does raise eyebrows overall.

1 year ago

SnapTravel Raises $21 Million With an Assist From NBA Star Steph Curry

SnapTravel Raises $21 Million With an Assist From NBA Star Steph Curry

Natalie Wong, Bloomberg

The travel industry startup ecosystem could use some fresh ideas, so we salute new investors placing bets like Steph Curry, the basketball star playing for the Golden State Warriors. Curry's investment in SnapTravel, a messaging-based hotel booking tool, holds promise but the outcome remains uncertain for the company, which has raised $22.4 million to date.

1 year ago

Airbnb Creates Niches for a New Generation of Vacation Rental Startups: Skift Research E-Book

Airbnb Creates Niches for a New Generation of Vacation Rental Startups: Skift Research E-Book

Seth Borko, Skift Research

Airbnb has built itself into the third most richly valued startup in the world over the last decade. But business never stands still, and as Airbnb harvests its gains, the latest generation of alternative accommodation startups are collecting all of the new venture capital in the space.

2 years ago

Airbnb and Other Unicorns Suffer by Staying Private, High-Profile Tech Investor Argues

Airbnb and Other Unicorns Suffer by Staying Private, High-Profile Tech Investor Argues

Dennis Schaal, Skift

Would Airbnb and Uber, for example, be truly better off as public companies? It's unclear because they both have access to tons of money already. But they would both certainly be better equipped to spin their own narratives.

2 years ago

JetBlue CEO Defends Bag Fee Hike as Cost of Doing Business

JetBlue CEO Defends Bag Fee Hike as Cost of Doing Business

Hannah Sampson, Skift

JetBlue CEO Robin Hayes knows there is nostalgia for the days before airlines introduced so many fees. But he said he is more focused on the carrier's other priorities: legroom, entertainment, and Wi-Fi.

2 years ago

New Skift Research E-Book: The Latest Wave of Venture Capital Investment in Travel Startups

New Skift Research E-Book: The Latest Wave of Venture Capital Investment in Travel Startups

Seth Borko, Skift Research

The travel industry, no stranger to disruption, is experiencing a new wave of venture-backed startups. These businesses are generally larger than ever before and focused on bringing new customers and products into the digital travel fold. We expect this momentum to continue and for it to have an impact on executives, founders, and investors throughout the sector.

2 years ago

Former Momondo CEO Hugo Burge Serves as a Startup Guardian Angel

Former Momondo CEO Hugo Burge Serves as a Startup Guardian Angel

Sean O'Neill, Skift

Having sold his business to Booking Holdings last year, former Momondo CEO Hugo Burge has had more time for venture investing. His views on travel startup funding are insightful. And we're not saying that just because we hope to be invited to see the gorgeous mansion in Scotland that he's been refurbishing.

2 years ago