Venture Capital News

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TripAdvisor acquires cruise online-booking site CruiseWise

TripAdvisor's acquisition of CruiseWise is great news for TripAdvisor subsidiary Cruise Critic, which is a leading cruise news and cruise-information site, but is hampered by an outdated user interface and bulletin-like forum technology. This acqui-hire will enable TripAdvisor to finally modernize Cruise Critic, a project that's probably been on the agenda for years.

The five angel investors who rule the world of travel startups

Ask anyone who the most successful investor in travel is, and they'll talk about Joel Cutler of General Catalyst Partners. But, when it comes to individual investors, this gang of five has a lot of experience and is pretty good. None are infallible, of course, but this is where a lot of the smart money is.