Spreading some travel startup love beyond the Silicon Valley
There have been plenty of travel startup success stories. There needs to be more. But we cannot leave it just in the hands of VCs who are indifferent towards our industry, or young entrepreneurs who do not know the intricacies of travel.
“Travel is just not what we like to do,” said a venture capitalist who also runs an accelerator here in Atlanta.
He then compared the industry to healthcare and mentioned the challenges of regulation, technology and just being so darn big and broad that it can often be hard to get your arms around it.
The cyclical nature of travel and slim margins weren’t particularly appealing to the VC either. All of us in the industry know this already. But hearing it from an outsider, who is constantly looking at startups and new companies, was enlightening.
Read full story at: http://www.tnooz.com/article/lessons-travel-startup-mentoring-incubators/