Discover what type of travel startups attract venture capital funding, see where the smart money is going, and understand some of the common mistakes that startups make as they seek funding and strive to build their new businesses.
A startup can create an entire new brand around a name. Hint, hint. But, if your startup's name is off-putting, misleading or doesn't sound appealing to a traveler's ears, you're setting yourself up for a loss.
There is definitely something to be said for hand-picked, curated airfare deals, and The Flight Deal is finding a niche. How much the site expands beyond the FlyerTalk crowd is another question.
Crowdsourcing enough data to make a service informative for new users can either be difficult or a fast track to becoming a valuable resource. Branding and marketing are key in acquiring initial submissions.