While the travel industry has been weighed down by discounting and deal-hunting, the largest venture capital investment in travel in the U.S. last year went to XOJET, a private-jet service, according to a new report.
Documenting the top 10 venture capital investments in the U.S. in 2009, a PriceWaterhouseCoopers and National Venture Capital Association report identifies XOJet as tied for the fifth largest venture-capital recipient in 2009 at $100 million — and the only travel company in the top 10.
Read the full story at: http://www.tnooz.com/2010/01/26/news/private-jet-service-just-edged-out-by-twitter-in-2009-largest-vc-investments/
