11 November 2008

Home and Away's Valuation - Plain Silly

I am sorry but I cannot let this one pass by without a comment.

TechCrunch (via Tim Hughes' BOOT blog) announced a $250 million (not lira) round for the Austin based H&A business. Led by TCV, this has to be one of the most irrational plays I have seen in a long time.

It has a world of problems associated with the valuation metrics. So I must have missed the KoolAid they were giving out this week.

You be the judge

Here is the link from the NY Times blog site:

http://bits.blogs.nytimes.com/2008/11/11/vacation-rental-site-raises-250-million-in-venture-funds/?pagemode=print

1 comment:

  1. OwenFri Jun 03, 06:11:00 AM PDT

    This may be a jab for free advertising but - here is a site that offers Home exchange and rentals at no-cost: Skyra.com. For travelers on a budget it may be a great option. Take a look and you be the judge.

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