Comments on: Travelocity Acquires TravelGuru http://www.pluggd.in/travelocity-acquires-travelguru-297/ We Heart Startups! Fri, 10 Feb 2012 14:53:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: links for 2009-08-19 « A little Jack with that? http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111303 links for 2009-08-19 « A little Jack with that? Wed, 19 Aug 2009 11:30:56 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111303 [...] Travelocity Acquires TravelGuru >> Pluggd.in [...] [...] Travelocity Acquires TravelGuru >> Pluggd.in [...]

]]> By: Ashish http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111277 Ashish Wed, 19 Aug 2009 04:08:58 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111277 Well..it wasnt valued @ $12mn (that report is definitely not correct). Well..it wasnt valued @ $12mn (that report is definitely not correct).

]]> By: Stock Market Baba http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111270 Stock Market Baba Tue, 18 Aug 2009 18:17:01 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111270 Seems TravelGuru's investment in Hotels (read Desiya and their own drive to do better in hotels) paid off. For a lot of time, they did not have any serious competitor in the hotel space and they were able to grow their portfolio of hotels at a fast pace. Would be interesting to see which way the TG management heads now Seems TravelGuru’s investment in Hotels (read Desiya and their own drive to do better in hotels) paid off.

For a lot of time, they did not have any serious competitor in the hotel space and they were able to grow their portfolio of hotels at a fast pace.

Would be interesting to see which way the TG management heads now

]]> By: Insider http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111265 Insider Tue, 18 Aug 2009 16:41:22 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111265 http://www.vccircle.com/500/news/travelguru-valued-at-12-million I think Sequoia screwed TG. I have heard that they went back on promises they made and were rather distrustful in their dealings with both the entrepreneur and with angel investors. I would say that its not the first time such a thing has been heard about Sequoia India, entrepreneurs need to be careful when dealing with these folks. They are not the same as the ones in US. http://www.vccircle.com/500/news/travelguru-valued-at-12-million

I think Sequoia screwed TG. I have heard that they went back on promises they made and were rather distrustful in their dealings with both the entrepreneur and with angel investors.

I would say that its not the first time such a thing has been heard about Sequoia India, entrepreneurs need to be careful when dealing with these folks. They are not the same as the ones in US.

]]> By: Green Living http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111264 Green Living Tue, 18 Aug 2009 15:44:15 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111264 Great to see this consolidation happening. Great to see this consolidation happening.

]]> By: Vibhushan http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111250 Vibhushan Tue, 18 Aug 2009 11:49:15 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111250 Any idea on what is the size of the deal? Would be interesting to know what was the basis of valuations involved. And yes, hope this was not a distress sale! Any idea on what is the size of the deal? Would be interesting to know what was the basis of valuations involved. And yes, hope this was not a distress sale!

]]> By: Pratyush http://www.pluggd.in/travelocity-acquires-travelguru-297/comment-page-1/#comment-111247 Pratyush Tue, 18 Aug 2009 10:45:35 +0000 http://www.pluggd.in/travelocity-acquires-travelguru-297/#comment-111247 I think there is a lot of scope for consolidation in this particular market. There is almost no differentiation in terms of the product (Cleartrip is cool while travelguru is clunky - but wth if I save Rs. 100 in the process) and cut-throat price competition has lowered the margins. Consolidation by exits and cooperation seems to be the only way forward. Innovation is also not a key aspect as everyone can copy you as soon as your first page is out. I think there is a lot of scope for consolidation in this particular market. There is almost no differentiation in terms of the product (Cleartrip is cool while travelguru is clunky – but wth if I save Rs. 100 in the process) and cut-throat price competition has lowered the margins.

Consolidation by exits and cooperation seems to be the only way forward. Innovation is also not a key aspect as everyone can copy you as soon as your first page is out.

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