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HotelTonight
HotelTonight is a travel agency and metasearch engine. It serves for users to book last-minute lodging in the Americas, Europe, Japan and Australia. History HotelTonight was founded in December 2010 by Sam Shank, Jared Simon, and Chris Bailey. It first launched in January 2011, in the US on the iPhone App Store. The app later launched on Google Play in July 2011 and serves cities in Europe, Canada, Central America and South America. Fundraising In May 2011, the company raised a $3.25 million Series A round from Battery Ventures, Accel Partners, and First Round Capital. In November 2011, they raised $9 million from Accel Partners, Battery Ventures, and First Round Capital. In June 2012, a Series C round from U.S. Venture Partners, Accel Partners, Battery Ventures, and First Round Capital raised another $23 million. In September 2013, the company raised $45 million in a Series D round led by Coatue Management, bringing its total funding to $80.5 million. Operations In Octob ...
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Airbnb
Airbnb, Inc. ( , an abbreviation of its original name, "Air Bed and Breakfast") is an American company operating an online marketplace for short-and-long-term homestays, experiences and services in various countries and regions. It acts as a broker and charges a commission (remuneration), commission from each booking. Airbnb was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. It is the best-known company for short-term housing rentals. History After moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe Gebbia came up with an idea of putting an air mattress in their living room and turning it into a bed and breakfast. In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as the chief technology officer and the third co-founder of the new venture, which they named "AirBed & Breakfast". They put together a website that offered short-term living quarters and breakfast for those who were unable to bo ...
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Travel Agency
A travel agency is a private retailer or public service that provides travel and tourism-related services to the general public on behalf of accommodation or travel suppliers to offer different kinds of travelling packages for each destination. Travel agencies can provide outdoor recreation, arranging logistics for luggage and medical items delivery for travellers upon request, public transport timetables, car rentals, and bureau de change services. Travel agencies can also serve as general sales agents for airlines that do not have offices in a specific region. A travel agency's main function is to act as an agent, selling travel products and services on behalf of a supplier. They are also called Travel Advisors. They do not keep inventory in-hand unless they have pre-booked hotel rooms or cabins on a cruise ship for a group travel event such as a wedding, honeymoon, or other group event. Business model Travel agencies often receive commissions and other benefits an ...
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Entrepreneur (magazine)
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. First published in 1977. it is published by ''Entrepreneur Media Inc''., headquartered in Irvine, California. The magazine publishes 10 issues annually, available through subscription and on newsstands. It has been published under license internationally in Mexico, Russia, India, Hungary, the Philippines, South Africa, and others. Its editor-in-chief is Jason Feifer and its owner is Peter Shea. History Since 1979, ''Entrepreneur'' has annually published a list of its top 500 franchise companies. The magazine also published many other lists and awards, one of the most prominent being the Entrepreneur 360 formed to identify businesses mastering the art and science of growing a business. Companies are evaluated based on the analysis of 50-plus data points organized into five pillars; Revenue and Customers, Management Efficiency, Innovation ...
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Coatue Management
Coatue is an American technology-focused investment management firm led by founder and portfolio manager Philippe Laffont. Coatue invests in both public and private markets, with a focus on technology, media, telecommunications, as well as the consumer and healthcare sectors. Coatue has a global presence with offices located in New York City, Menlo Park, California, London, Shanghai and Hong Kong. History Philippe Laffont graduated from MIT in 1989 with a degree in computer science. He worked as an analyst for McKinsey & Company from 1992 to 1994 in Madrid, Spain. After a stint as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on European telecommunications stocks. In 1999, Laffont founded Coatue, becoming a member of the Tiger Cubs - former employees of Tiger management who founded their own hedge funds. Coatue launched its first hedge fund in 1999 with $45 million in capital. Today, Coatue manages this fund in addition to ...
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Gigaom
Gigaom is a technology-focused analyst firm and media company. It was founded by Om Malik in San Francisco, California. In March 2015, it was shut down and in June 2015, its website and content were acquired by Knowingly and relaunched. History In 2006, Om Malik founded the company after operating a personal blog. In June 2006, Malik left his day job at Business 2.0 to work on Gigaom full-time. In April 2007, the company launched a blog focused on growing a startup. In July 2008, the company acquired jkOnTheRun, a mobile-focused blog. In 2008, Paul Walborsky was named CEO of the company. Walborsky resigned in September 2014. In October 2008, the company raised $4.5 million. In October 2010, the company raised $2.5 million. In May 2011, the company raised $6 million at a $40 million valuation, in a financing round led by RELX RELX plc (pronounced "Rel-ex") is a British Multinational corporation, multinational information and analytics company headquartered in London, E ...
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First Round Capital
First Round Capital is a US-based venture capital firm that specializes in providing seed-stage funding to technology companies. Founded by Josh Kopelman and Howard Morgan First Round typically provides seed-stage funding and focuses on portfolio companies' growth during their first 18 months. It has offices in San Francisco, Philadelphia and New York. Dorm Room Fund In 2012 First Round Capital created the Dorm Room Fund, a $10 million fund focused on investments in student-run startups. In 2019, the firm launched the Graduate Fund, a pre-seed fund for recent graduates of undergraduate or master's programs. The firm is operated by full-time undergraduate and graduate students. It has backed companies that have raised a combined $300 million in venture capital from investors including Y Combinator, Sequoia Capital, Andreessen Horowitz, and Union Square Ventures. The firm has teams in San Francisco, New York City, Philadelphia, and Boston Boston is the capital and most ...
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Accel Partners
Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India. History In 1983, Accel was founded by Arthur Patterson and Jim Swartz. The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind", which they say requires "deep focus" and a disciplined and informed approach to investing. In 2005, Accel Partners under the leadership of Jim Breyer, invested $12.7 million in Facebook, valuing the company at $98 million. This investment became one of the most lucrative in venture capital history with Accel’s stake increasing to $8 billion by 2012. Investments and fundraises In January 2025, Accel raised $650 million early stage fund for startups in India and South East Asia Accel focuses ...
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Battery Ventures
Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and London. Since inception, the firm has raised over $13 billion and is now investing its fourteenth funds, Battery Venture XIV and Battery Ventures Select Fund II, with a combined capitalization of $3.8 billion. History Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, Howard Anderson and Bob Barrett. Since its inception, Battery has raised more than $13 billion in capital through the following fourteen funds and corresponding side funds. The firm has offices in Boston, San Francisco, Menlo Park, Tel Aviv, London, and New York City. Investments As of 2021, Battery has invested in more than 450 companies, 69 of which have gone public and another 185 have merged or been acquired. The firm's current investment fo ...
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Series A Round
A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their sec ...
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PandoDaily
PandoDaily, or simply Pando, was a web publication offering technology news, analysis, and commentary, with a focus on Silicon Valley and startup companies. History PandoDaily was started by former TechCrunch writer Sarah Lacy on January 16, 2012. At the time, ''Business Insider'' called it "TechCrunch 2.0". It billed itself at launch as "the site of record for Silicon Valley". The name was inspired by a tree colony in Utah, Pando, whose massive root system covers 106 acres and is continually sprouting new stems or trunks, even after wildfires have destroyed existing trunks. "It’s the perfect metaphor for what I love about Silicon Valley. It’s not just individual hot startups of-the-moment; it’s that unique startup ecosystem that continually shoots up new companies no matter how frothy or scorched everything above ground gets", she wrote. At launch, PandoDaily had a number of staff writers and guest contributors including Michael Arrington (founder of TechCrunch), Paul ...
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TechCrunch
TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 Verizon Communications#Acquisition of AOL and Yahoo, acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021, Verizon sold its media assets, including AOL, Yahoo!, and TechCrunch, to the private equity firm Apollo Global Management. Apollo integrated them into a new entity called Yahoo! Inc. (2017–present), Yahoo! Inc. In addition to its news reporting, TechCrunch is also known for its annual Disrupt conference, a technology event hosted in several cities across the United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington a ...
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