SM: How did you finance the different phases of the company? MS: The early stages of the company were funded by an Angel and subsequent capital has been raised through VC’s. The first 2 rounds (Angel and Series A) were raised by the Founder, a total of $8.2 Million. I raised 2 rounds. One within
With Independence Day barely days away, Priceline predictably has come out with its 4th annual survey of 50 most popular holiday destinations. The survey is based on more than 30,000 actual booking requests made by its customers online, and therefore an accurate predictor of trends this season. The beeline of holiday customers and humming of
We have talked a lot about Web 3.0 and Context. Today, we begin an interview series with Mike Stacy, CEO of an Online Travel company called Groople, which has zeroed in on the context of Group Travel. It’s a very interesting niche, and we will explore Mike’s story of building Groople. SM: Please describe your
We have been discussing the online travel industry and have covered Yahoo! Travel and TripAdvisor from a Web 3.0 perspective earlier. Here we will take a look at Travelocity’s offering. Travelocity, launched in 1996 is an online travel agency. It is owned by Sabre Holdings. According to Nielsen//NetRatings, Travelocity is ranked number two among the