The 6 Travel Startup Funds That Are Investing in the Industry’s Newest Brands
There has been a lot of hype of late about funds for travel startups, but not all funds are created equal.
Priceline CEO Jeffery Boyd tells Skift that the company’s startup fund, which came to light in late 2012 and was to be bankrolled from internal cash, hasn’t funded any companies yet.
With all of the activities under way at Priceline, including buying and integrating Kayak, as well as a CEO transition, it sounds as though Priceline hasn’t focused on the startup fund as of yet.
The idea behind the fund was to invest at early stages in growth companies that are working in areas of interest to the Priceline Group.