Friday, 16 Nov 2018
Category: Expedia

Expedia acquires Pillow and ApartmentJet to conquer the short-term rental market

To keep up with the rising demand for short-term rentals in U.S. cities and compete with the home-sharing giant Airbnb, travel booking site Expedia has picked up a pair of venture-backed hospitality startups, Pillow and ApartmentJet. Employees of both companies will join Expedia . The company declined to disclose the financial terms of the deals. “Acquiring […]

Seattle’s new venture firm, Flying Fish, holds a first close on its targeted $80 million fund

The founding partners of the new Seattle-based venture firm Flying Fish met as angel investors deploying capital in the talent-heavy, cash-light region around Amazon and Microsoft’s corporate headquarters. “We’ve underperformed relative to the talent pool,” is how Heather Redman, one of the firm’s three founding partners, describes the region. Well, now Flying Fish has held a […]