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What This New Dublin Venture Fund Sees as Opportunities in Travel During a Pandemic

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Technology gives the travel sector a chance to retool itself, and many startups could help the industry make the most of its coming, phased recovery from the pandemic. Yet there’s a problem. Startup founders may be inventive technologists, but they often lack a grasp of the travel sector’s commercial contours. Naivete and inexperience can open a chasm between startups and corporate customers, preventing many travel companies from widely adopting innovations. Today’s investors take risks by betting on quixotic-sounding ideas that could become a reality thanks to capital. But venture capitalists need to do more to help entrepreneurs build bridges to executives at travel brands. They need to serve as mentors, passing along to founders their acquired knowledge about how the travel sector works.

Travel Startup Inspirato in Talks to Merge With Thayer SPAC

Travel Startup Inspirato in Talks to Merge With Thayer SPAC Bloomberg 2 hrs ago Gillian Tan, Lizette Chapman and Katie Roof © Photographer: Aron Ontiveroz/The Denver Post/Getty Images Inspirato CEO and founder Brent Handler speaks with Alana Watkins in his office as employees work on Wednesday, May 4, 2016. (Bloomberg) Inspirato, a startup specializing in luxury travel, is in talks to go public through a merger with a special purpose acquisition company in a deal valued at more than $1 billion, according to people with knowledge of the matter. Popular Searches The Denver-based company is discussing a deal with Thayer Ventures Acquisition Corp., said the people, who asked not be identified because the matter is private. Terms could change and it’s possible talks could fall apart.

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