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Company: Tvtrip.com
Description: Online hotel video library
Competitors: Trivop
Location: London
Amount Raised: $4.8 million
Round: First
Date Announced: 7/11/07
VC Firms: Balderton Capital, Partech International
VC Directors: Mark Evans, Philippe Collombel
Quick Take: Applying online video to the travel vertical is a lucrative proposition. But Tvtrip.com is doing little more than hiring cameramen to film hotel rooms and then organizing the video neatly on a web site. At most, it's a feature for Orbitz/Expedia/Travelocity that the online travel giants haven't yet got around to doing themselves. That's the reason numerous startups are created and can lead to a nice exit, but bandwidth and marketing costs will hinder Tvtrip.com's chance of growing into a profitable and independent travel company. Instead, a respectable sale to Orbexpocity is the best result investors can hope for.
Technology (1 out of 10): 3
Market: 7
Management: 7
Chances for IPO: 1
Overall VC Rating: 3
Tags: tvtrip, partech, balderton, vc, venture+capital
Hi,
I saw your recent post about travel and hotels on your blog. If you are interested in travel, I would like to invite you to take a look at our site, which was recently selected by CNN’s Business 2.0 as one of the top worldwide startups: www.trivop.com
If you would like to be updated about our developments, please send us your email.
Best regards,
Adina Cioceanu
adina@trivop.com