14Nov/06
HomeAway Raises $160 Million for Vacation Rental-Site Rollups [The Next Net]
Austin-based HomeAway raised a whopping $160 million from VC firms like Redpoint Ventures, IVP, and Trident to go on an acquisition binge and roll up the fragmented vacation rental Website industry. Usually rollups like this are done in more mature industries. File this one under, "Bubble Watch."
Original post by noemail@noemail.org (noemail@noemail.org (Erick Schonfeld)