Startups

Trivago Raised $184 Million for Expansion in a $4 Billion IPO

Overall, the initial day of trading amounted to a modest success for Trivago. Its founders made a bundle, it generated a couple of hundred million dollars for expansion, and its valuation crossed the $4 billion threshold -- even though it had hoped for much more and was undoubtably disappointed about the manner in which it debuted. This is a long game; verdicts now are meaningless.

Contrarian Flight-App Hopper Attracts $61 Million in Series C Financing

Is there a big enough market for travelers to track flights through push notifications and wait weeks or months to buy instead of going to a website and entering their itinerary details? Hopper, Hitlist, and others think Millennials and others will shop this way but there is skepticism about how large these businesses can become.