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	<title>Comments on: Monster Round For HomeAway: $250 Million, At An Absurd Valuation</title>
	<atom:link href="http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/</link>
	<description>Startup and Technology News</description>
	<lastBuildDate>Fri, 27 Nov 2009 04:05:23 -0800</lastBuildDate>
	
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		<title>By: Carl Magnuson</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-3044396</link>
		<dc:creator>Carl Magnuson</dc:creator>
		<pubDate>Mon, 19 Oct 2009 02:04:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-3044396</guid>
		<description>that seems like a lot of funding for a website that would seem to require minimal hard operating cost.

Free listing of vacation villa and condo rentals in Puerto Vallarta, Playa Del Carmen, Cancun, and Sayulita here:

http://www.villasandcondos.com</description>
		<content:encoded><![CDATA[<p>that seems like a lot of funding for a website that would seem to require minimal hard operating cost.</p>
<p>Free listing of vacation villa and condo rentals in Puerto Vallarta, Playa Del Carmen, Cancun, and Sayulita here:</p>
<p><a href="http://www.villasandcondos.com" rel="nofollow"></a><a href='http://www.villasandcondos.com'>http://www.villasandcondos.com</a></p>
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		<title>By: Tim</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2785141</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Fri, 05 Jun 2009 16:11:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2785141</guid>
		<description>A bold move by HomeAway, hopefully it will pay off for them.  I agree that their main cash cow, vrbo, needs a complete rehaul. I find it impossible searching among all of their listings. I list on both of these sites but have received just as many inquiries from my listings o FindYourVacationHome.com. All listings are completely free there - a good recession-buster!</description>
		<content:encoded><![CDATA[<p>A bold move by HomeAway, hopefully it will pay off for them.  I agree that their main cash cow, vrbo, needs a complete rehaul. I find it impossible searching among all of their listings. I list on both of these sites but have received just as many inquiries from my listings o FindYourVacationHome.com. All listings are completely free there &#8211; a good recession-buster!</p>
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		<title>By: Bill</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2676109</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Mon, 30 Mar 2009 02:46:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2676109</guid>
		<description>Brendon writes last year &gt;&gt;Waitaminute. $150M revenue, but only $50M ebitda? It costs them $100M a year to run that site?&lt;&lt;  So if Homeaway claim 150,000  listings overall that&#039;s $1000 overhead per listing right? and they only charge from$179 to $300 year per listing?  Big money leaves me perplexed at times</description>
		<content:encoded><![CDATA[<p>Brendon writes last year &gt;&gt;Waitaminute. $150M revenue, but only $50M ebitda? It costs them $100M a year to run that site?&lt;&lt;  So if Homeaway claim 150,000  listings overall that&#8217;s $1000 overhead per listing right? and they only charge from$179 to $300 year per listing?  Big money leaves me perplexed at times</p>
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		<title>By: Bill</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2676096</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Mon, 30 Mar 2009 02:28:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2676096</guid>
		<description>Pierre writes in Nov last year....&gt;&gt;no possible push back from individual home owners on the margins&lt;&lt;

I add so far...</description>
		<content:encoded><![CDATA[<p>Pierre writes in Nov last year&#8230;.&gt;&gt;no possible push back from individual home owners on the margins&lt;&lt;</p>
<p>I add so far&#8230;</p>
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		<title>By: Bill</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2676008</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Sun, 29 Mar 2009 23:18:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2676008</guid>
		<description>I am a vacation rental property lister on one of Homeaway&#039;s sites. Since HA’s acquisition of so many sites one wonders what value it has. In the past a lister took a gamble on which site would bring in more traffic and placed his bet [advert] Now with HA running all the horses in town they are trying to con listers on one HA site to list on another of HA&#039;s sites -no discount mind you- One pitch on a HA site claims they have spent millions on keyword research. Just that claim alone should be a tip off that they haven&#039;t. I took the keywords on 5 HA controlled sites on pages pertaining to my market and ran them in Google. A lot of the keywords were real junk/generic to start with. The &#039;good&#039; ones didn&#039;t place always that well in the Top 10 on Google - but my little site always came up (I ran the test in reverse and my site, #1 in my market, didn&#039;t do all that well on my own keywords - but what the heck their kw&#039;s were generating my site and I got a better crack at their potential clients. Plus HA property owners on one site are now getting a lot of spam from HA’s other sites - and one site [maybe all of them as they are increasingly looking and operating the same] is promoting some destinations over others which clearly is a disservice to all other listers -sure in time they&#039;ll claim to promote all areas but don&#039;t hold your breath.   Skimming the comments above and seeing its a VC driven game I hope they fail – they’re trying to force a change in the market and I think their biz plan may be making some false assumptions - I&#039;ve been in this business 10 years+ and for 20 previous was in travel and air carrier sales  - I think I can beat them in this game for not all that much investment - create a superior site that values its property listers rather than exploits and extorts them. Create a site also giving honest and excellent back-up service to the clients passing through the portal *- then HA will have real competition and a choice  -  I&#039;ve been po&#039;d about this for about a year and thanks to this article and forum I think I’ve picked up the buzz for my next project - interested investors can e-mail me. HA is headed into wobbly ground with the worldwide economic downturn. My enquiries on my own proprietary site are down 30% year-over-year [but actual business isn&#039;t] for the last three months as I&#039;m sure everyone else’s are. HA isn&#039;t doing jack to help its prop-listers - it keeps raising prices and is now looking to take a cut by offering to establish a booking agent service [thanks - I have done quite well on my own without having 10-15% or more peeled of the top  - listings should be free if they want to do that - that&#039;s how I ran another successful site in my niche market before I sold it  a year ago] Well I&#039;m rambling I know - but excited as I see an opportunity to topple this goliath  WOW now if I can get their 150,000 subscribers at say 35% less than they charge maybe I can get out of my personal recession

*I’m guessing that one of HA’s thrusts [based on a recent survey they sent to owners] is to give a  TRUST Assurance Guarantee to renters  -really there has not been much complaint in this area so what HA is doing is casting a cloud over the property owners who by and large are 100% honest? Its fingering its income base - we&#039;ll its time for that base to REVOLT.</description>
		<content:encoded><![CDATA[<p>I am a vacation rental property lister on one of Homeaway&#8217;s sites. Since HA’s acquisition of so many sites one wonders what value it has. In the past a lister took a gamble on which site would bring in more traffic and placed his bet [advert] Now with HA running all the horses in town they are trying to con listers on one HA site to list on another of HA&#8217;s sites -no discount mind you- One pitch on a HA site claims they have spent millions on keyword research. Just that claim alone should be a tip off that they haven&#8217;t. I took the keywords on 5 HA controlled sites on pages pertaining to my market and ran them in Google. A lot of the keywords were real junk/generic to start with. The &#8216;good&#8217; ones didn&#8217;t place always that well in the Top 10 on Google &#8211; but my little site always came up (I ran the test in reverse and my site, #1 in my market, didn&#8217;t do all that well on my own keywords &#8211; but what the heck their kw&#8217;s were generating my site and I got a better crack at their potential clients. Plus HA property owners on one site are now getting a lot of spam from HA’s other sites &#8211; and one site [maybe all of them as they are increasingly looking and operating the same] is promoting some destinations over others which clearly is a disservice to all other listers -sure in time they&#8217;ll claim to promote all areas but don&#8217;t hold your breath.   Skimming the comments above and seeing its a VC driven game I hope they fail – they’re trying to force a change in the market and I think their biz plan may be making some false assumptions &#8211; I&#8217;ve been in this business 10 years+ and for 20 previous was in travel and air carrier sales  &#8211; I think I can beat them in this game for not all that much investment &#8211; create a superior site that values its property listers rather than exploits and extorts them. Create a site also giving honest and excellent back-up service to the clients passing through the portal *- then HA will have real competition and a choice  &#8211;  I&#8217;ve been po&#8217;d about this for about a year and thanks to this article and forum I think I’ve picked up the buzz for my next project &#8211; interested investors can e-mail me. HA is headed into wobbly ground with the worldwide economic downturn. My enquiries on my own proprietary site are down 30% year-over-year [but actual business isn't] for the last three months as I&#8217;m sure everyone else’s are. HA isn&#8217;t doing jack to help its prop-listers &#8211; it keeps raising prices and is now looking to take a cut by offering to establish a booking agent service [thanks - I have done quite well on my own without having 10-15% or more peeled of the top  - listings should be free if they want to do that - that's how I ran another successful site in my niche market before I sold it  a year ago] Well I&#8217;m rambling I know &#8211; but excited as I see an opportunity to topple this goliath  WOW now if I can get their 150,000 subscribers at say 35% less than they charge maybe I can get out of my personal recession</p>
<p>*I’m guessing that one of HA’s thrusts [based on a recent survey they sent to owners] is to give a  TRUST Assurance Guarantee to renters  -really there has not been much complaint in this area so what HA is doing is casting a cloud over the property owners who by and large are 100% honest? Its fingering its income base &#8211; we&#8217;ll its time for that base to REVOLT.</p>
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		<title>By: HotPads Drops Its Hot Maps On Vacation Home Rentals</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2671834</link>
		<dc:creator>HotPads Drops Its Hot Maps On Vacation Home Rentals</dc:creator>
		<pubDate>Thu, 26 Mar 2009 20:15:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2671834</guid>
		<description>[...] more inventory—124,000 vacation homes—but they are so hard to find. For a company which raised $250 million last November, you&#8217;d think it could do better than [...]</description>
		<content:encoded><![CDATA[<p>[...] more inventory—124,000 vacation homes—but they are so hard to find. For a company which raised $250 million last November, you&#8217;d think it could do better than [...]</p>
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		<title>By: Y Combinator&#8217;s Airbed And Breakfast Casts A Wider Net For Housing Rentals As AirBnB</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2644390</link>
		<dc:creator>Y Combinator&#8217;s Airbed And Breakfast Casts A Wider Net For Housing Rentals As AirBnB</dc:creator>
		<pubDate>Thu, 05 Mar 2009 07:25:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2644390</guid>
		<description>[...] profit. Vacation rentals can be a big business. Recently, HomeAway, a popular vacation rental site, raised $250 million in a venture round and was valued at more than $1 [...]</description>
		<content:encoded><![CDATA[<p>[...] profit. Vacation rentals can be a big business. Recently, HomeAway, a popular vacation rental site, raised $250 million in a venture round and was valued at more than $1 [...]</p>
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		<title>By: Tonneau Covers</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2606491</link>
		<dc:creator>Tonneau Covers</dc:creator>
		<pubDate>Mon, 26 Jan 2009 16:52:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2606491</guid>
		<description>Thanks for the article it helps in my research to decide whether or not to join and rent out my lake cabin this summer.   The biggest benefit is that homeaway does offer a wide selection of rentals, with a proven track record.  However I am cautious about the cost of the listing/membership and trying to decipher exactly what that includes.</description>
		<content:encoded><![CDATA[<p>Thanks for the article it helps in my research to decide whether or not to join and rent out my lake cabin this summer.   The biggest benefit is that homeaway does offer a wide selection of rentals, with a proven track record.  However I am cautious about the cost of the listing/membership and trying to decipher exactly what that includes.</p>
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		<title>By: On Holiday Rental Industry &#124; Holiday Home Advertising UK</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2604490</link>
		<dc:creator>On Holiday Rental Industry &#124; Holiday Home Advertising UK</dc:creator>
		<pubDate>Sat, 24 Jan 2009 12:41:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2604490</guid>
		<description>[...] things going on in the holiday rental industry. After securing a controversial $250 million funding HomeAway has at last redesigned its set of aesthetically awful websites. Now [...]</description>
		<content:encoded><![CDATA[<p>[...] things going on in the holiday rental industry. After securing a controversial $250 million funding HomeAway has at last redesigned its set of aesthetically awful websites. Now [...]</p>
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		<title>By: Desperate Wealth &#187; Blog Archive &#187; Use Otalo To Search For Vacation Rentals</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2587401</link>
		<dc:creator>Desperate Wealth &#187; Blog Archive &#187; Use Otalo To Search For Vacation Rentals</dc:creator>
		<pubDate>Wed, 07 Jan 2009 09:04:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2587401</guid>
		<description>[...] rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 [...]</description>
		<content:encoded><![CDATA[<p>[...] rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 [...]</p>
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		<title>By: Use Otalo To Search For Vacation Rentals</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2587341</link>
		<dc:creator>Use Otalo To Search For Vacation Rentals</dc:creator>
		<pubDate>Wed, 07 Jan 2009 07:14:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2587341</guid>
		<description>[...] rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 billion. But listings are spread across [...]</description>
		<content:encoded><![CDATA[<p>[...] rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 billion. But listings are spread across [...]</p>
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		<title>By: InquiringMind</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2564063</link>
		<dc:creator>InquiringMind</dc:creator>
		<pubDate>Thu, 11 Dec 2008 18:35:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2564063</guid>
		<description>what happened to American Capital&#039;s equity stake?  they didn&#039;t just put in debt (which the PR said will be &quot;eliminated&quot;)</description>
		<content:encoded><![CDATA[<p>what happened to American Capital&#8217;s equity stake?  they didn&#8217;t just put in debt (which the PR said will be &#8220;eliminated&#8221;)</p>
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		<title>By: Gareth Thomas</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2562702</link>
		<dc:creator>Gareth Thomas</dc:creator>
		<pubDate>Wed, 10 Dec 2008 17:26:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2562702</guid>
		<description>http://www.holiday-rentals.co.uk/ launched a new website a little while ago and maybe this is a sign of things to come from them? Seems to me that they&#039;ve been slow to get the purchased sites redesigned and play on their powerful brand.

With the competitive search market I definitely feel it is better to go local. This also gives you the opportunity to provide a much better service to your guests and owners/agents.

Not so easy to expand, but does it always have to be about international dominance? I would rather be extremely good in a few specific areas than average worldwide.

This plan is working well for us so far.</description>
		<content:encoded><![CDATA[<p><a href="http://www.holiday-rentals.co.uk/" rel="nofollow"></a><a href='http://www.holiday-rentals.co.uk/'>http://www.holi...-rentals.co.uk/</a> launched a new website a little while ago and maybe this is a sign of things to come from them? Seems to me that they&#8217;ve been slow to get the purchased sites redesigned and play on their powerful brand.</p>
<p>With the competitive search market I definitely feel it is better to go local. This also gives you the opportunity to provide a much better service to your guests and owners/agents.</p>
<p>Not so easy to expand, but does it always have to be about international dominance? I would rather be extremely good in a few specific areas than average worldwide.</p>
<p>This plan is working well for us so far.</p>
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		<title>By: Lisa</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2557332</link>
		<dc:creator>Lisa</dc:creator>
		<pubDate>Thu, 04 Dec 2008 23:20:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2557332</guid>
		<description>In my opinion Homeaway does not offer enough for the $300 price tag per ad.  I recently discovered a vacation rental advertising site that actually addresses some of the management needs that vacation rental owners have.  If you don&#039;t own a vacation rental than you would not know that the management is very intensive and I used to find myself drowning in paperwork. Rental Space Network- http://rentalspacenetwork.com has solved this problem and I believe they are  well positioned to be a big player in this industry because they have done something different than the rest of the advertising sites out there.  This site allows owners to create legal lease agreements to be filled out and signed online by their guests using electronic signatures, completely eliminating paperwork and the two weeks it sometimes takes to get a signed agreement back.  This site also helps you to manage your Craigslist ads by implementing an autopost feature where you can quickly post your ads from their site.  We all know that Craigslist gets the most visits of any vacation rental site, but it is tough to manage your ads and the ads are not that detailed, this site solves both of those problems.</description>
		<content:encoded><![CDATA[<p>In my opinion Homeaway does not offer enough for the $300 price tag per ad.  I recently discovered a vacation rental advertising site that actually addresses some of the management needs that vacation rental owners have.  If you don&#8217;t own a vacation rental than you would not know that the management is very intensive and I used to find myself drowning in paperwork. Rental Space Network- <a href="http://rentalspacenetwork.com" rel="nofollow"></a><a href='http://rentalspacenetwork.com'>http://rentalspacenetwork.com</a> has solved this problem and I believe they are  well positioned to be a big player in this industry because they have done something different than the rest of the advertising sites out there.  This site allows owners to create legal lease agreements to be filled out and signed online by their guests using electronic signatures, completely eliminating paperwork and the two weeks it sometimes takes to get a signed agreement back.  This site also helps you to manage your Craigslist ads by implementing an autopost feature where you can quickly post your ads from their site.  We all know that Craigslist gets the most visits of any vacation rental site, but it is tough to manage your ads and the ads are not that detailed, this site solves both of those problems.</p>
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		<title>By: TIM</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2536820</link>
		<dc:creator>TIM</dc:creator>
		<pubDate>Mon, 17 Nov 2008 14:04:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2536820</guid>
		<description>HomeAway (formerly WVR Group) funded their acquisitions through cash (&amp; stock) payments to the previous owners of the websites they acquired.  They also paid some staff with stock in lieu of salary.  A chunk of the &#039;new&#039; money might account for this as they will perhaps want to now buy back the stock &amp; continue acquiring more of the ‘bigger’ players in this market in readiness for floatation in 2010.  

The team behind HomeAway are Venture Capitalists with the pedigree of Austin Ventures behind them so don&#039;t be surprised by anything they do...

www.HolidayRentals.com</description>
		<content:encoded><![CDATA[<p>HomeAway (formerly WVR Group) funded their acquisitions through cash (&amp; stock) payments to the previous owners of the websites they acquired.  They also paid some staff with stock in lieu of salary.  A chunk of the &#8216;new&#8217; money might account for this as they will perhaps want to now buy back the stock &amp; continue acquiring more of the ‘bigger’ players in this market in readiness for floatation in 2010.  </p>
<p>The team behind HomeAway are Venture Capitalists with the pedigree of Austin Ventures behind them so don&#8217;t be surprised by anything they do&#8230;</p>
<p><a href="http://www.HolidayRentals.com" rel="nofollow"></a><a href='http://www.HolidayRentals.com'>http://www.HolidayRentals.com</a></p>
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		<title>By: Ken</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2535254</link>
		<dc:creator>Ken</dc:creator>
		<pubDate>Sat, 15 Nov 2008 15:59:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2535254</guid>
		<description>VRBO is terribly designed and practically non-functional. Hard to believe that could be the core of any company. My mother-in-law has(d) several listings on VRBO but of course those home were in Galveston Texas! This additional investment appears to be as bad as hers!</description>
		<content:encoded><![CDATA[<p>VRBO is terribly designed and practically non-functional. Hard to believe that could be the core of any company. My mother-in-law has(d) several listings on VRBO but of course those home were in Galveston Texas! This additional investment appears to be as bad as hers!</p>
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		<title>By: Entrepreneurs Ask VCs for Cash Back - GigaOM</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2533795</link>
		<dc:creator>Entrepreneurs Ask VCs for Cash Back - GigaOM</dc:creator>
		<pubDate>Fri, 14 Nov 2008 05:00:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2533795</guid>
		<description>[...] Higginbotham  &#124; Thursday, November 13, 2008 &#124; 9:00 PM PT &#124; 0 comments     This week&#8217;s $250 million funding for vacation home rental listing company HomeAway Inc. was the largest web-related venture capital investment since the bubble days at the turn of the [...]</description>
		<content:encoded><![CDATA[<p>[...] Higginbotham  | Thursday, November 13, 2008 | 9:00 PM PT | 0 comments     This week&#8217;s $250 million funding for vacation home rental listing company HomeAway Inc. was the largest web-related venture capital investment since the bubble days at the turn of the [...]</p>
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		<title>By: Pierre</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2532750</link>
		<dc:creator>Pierre</dc:creator>
		<pubDate>Thu, 13 Nov 2008 08:34:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2532750</guid>
		<description>Consider the huge effort of online travel agencies to negotiate 30% margins with preferred suppliers (eg. hotel groups) who have increasingly strong direct online market access. Exp valued at 2.38bn...and they face increasing struggles to maintain margins. 
HomeAway has almost unlimited growth potential, and no possible push back from individual home owners on the margins, and the ability to continue acquisitions and avoid competition. 
Look at where this business can be in 10 years. A very large opportunity.</description>
		<content:encoded><![CDATA[<p>Consider the huge effort of online travel agencies to negotiate 30% margins with preferred suppliers (eg. hotel groups) who have increasingly strong direct online market access. Exp valued at 2.38bn&#8230;and they face increasing struggles to maintain margins.<br />
HomeAway has almost unlimited growth potential, and no possible push back from individual home owners on the margins, and the ability to continue acquisitions and avoid competition.<br />
Look at where this business can be in 10 years. A very large opportunity.</p>
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		<title>By: homeaway.com Raises $250 million &#124; Property Portal Watch</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2532672</link>
		<dc:creator>homeaway.com Raises $250 million &#124; Property Portal Watch</dc:creator>
		<pubDate>Thu, 13 Nov 2008 06:35:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2532672</guid>
		<description>[...] reports that this comes on top of $209 million previously raised over two [...]</description>
		<content:encoded><![CDATA[<p>[...] reports that this comes on top of $209 million previously raised over two [...]</p>
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		<title>By: Heather</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531819</link>
		<dc:creator>Heather</dc:creator>
		<pubDate>Wed, 12 Nov 2008 17:58:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531819</guid>
		<description>What about those owners who are now lost in the hundreds of thousands of listings?  Unless they are savvy enough to create a USP that wrestles the rental population away from the competition, they are likely to wallow in the vast pool of similar properties. There&#039;s a lot more to the vacation rental market than Home Away.

For owner resources, articles and advice: http://www.cottageblogger.com</description>
		<content:encoded><![CDATA[<p>What about those owners who are now lost in the hundreds of thousands of listings?  Unless they are savvy enough to create a USP that wrestles the rental population away from the competition, they are likely to wallow in the vast pool of similar properties. There&#8217;s a lot more to the vacation rental market than Home Away.</p>
<p>For owner resources, articles and advice: <a href="http://www.cottageblogger.com" rel="nofollow"></a><a href='http://www.cottageblogger.com'>http://www.cottageblogger.com</a></p>
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		<title>By: Home Away Raises $250 Million in Venture Capital &#124; Cottage Blogger - Rental Resources for Vacation Home Owners</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531813</link>
		<dc:creator>Home Away Raises $250 Million in Venture Capital &#124; Cottage Blogger - Rental Resources for Vacation Home Owners</dc:creator>
		<pubDate>Wed, 12 Nov 2008 17:55:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531813</guid>
		<description>[...] Tech Crunch calls the pre-money valuation of $1.15 billion &quot;absurd&quot; and has doubts about future growth of the company given its takeover of most of the competition already. There&#8217;s some interesting comments on this blog too: &quot;this is a HUGE and growing opportunity. Many second home owners are feeling the squeeze on that vacation home mortgage and there are something like 19 million vacation home owners who do not rent out their second homes&#8230;.yet. It is a huge growth market and the economic slow down helps the situation.&quot; [...]</description>
		<content:encoded><![CDATA[<p>[...] Tech Crunch calls the pre-money valuation of $1.15 billion &quot;absurd&quot; and has doubts about future growth of the company given its takeover of most of the competition already. There&#8217;s some interesting comments on this blog too: &quot;this is a HUGE and growing opportunity. Many second home owners are feeling the squeeze on that vacation home mortgage and there are something like 19 million vacation home owners who do not rent out their second homes&#8230;.yet. It is a huge growth market and the economic slow down helps the situation.&quot; [...]</p>
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		<title>By: Jeff</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531750</link>
		<dc:creator>Jeff</dc:creator>
		<pubDate>Wed, 12 Nov 2008 17:11:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531750</guid>
		<description>Michael, thanks for the article, i much appreciate the tip. But with all due respect, I had a good chuckle at this statement:

&quot;...since HomeAway has acquired just about everyone in the market...&quot;

Their 11 site acquisition isn&#039;t even a snowflake on the tip of an iceberg. Next to porn, vacation rentals has to be the most saturated industry online. I often joke that there&#039;s more vacation rental websites than vacation rentals.

We started an index of vacation rental websites but gave up, because its far too vast... oh, and even vast.com is a vacation rental website now. Here is the list we started:
http://www.free-rentals.com/links/expensive_vacation_rental_websites.html

Here is a list of 250 more vacation rental websites for sale:
http://www.free-rentals.com/partners/vacation-rental-websites-for-sale.php</description>
		<content:encoded><![CDATA[<p>Michael, thanks for the article, i much appreciate the tip. But with all due respect, I had a good chuckle at this statement:</p>
<p>&#8220;&#8230;since HomeAway has acquired just about everyone in the market&#8230;&#8221;</p>
<p>Their 11 site acquisition isn&#8217;t even a snowflake on the tip of an iceberg. Next to porn, vacation rentals has to be the most saturated industry online. I often joke that there&#8217;s more vacation rental websites than vacation rentals.</p>
<p>We started an index of vacation rental websites but gave up, because its far too vast&#8230; oh, and even vast.com is a vacation rental website now. Here is the list we started:<br />
<a href="http://www.free-rentals.com/links/expensive_vacation_rental_websites.html" rel="nofollow"></a><a href='http://www.free-rentals.com/links/expensive_vacation_rental_websites.html'>http://www.free...l_websites.html</a></p>
<p>Here is a list of 250 more vacation rental websites for sale:<br />
<a href="http://www.free-rentals.com/partners/vacation-rental-websites-for-sale.php" rel="nofollow"></a><a href='http://www.free-rentals.com/partners/vacation-rental-websites-for-sale.php'>http://www.free...es-for-sale.php</a></p>
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		<title>By: Free-Rentals Vacation Rentals &#187; Blog Archive &#187; HomeAway raises $250m in VC funding</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531735</link>
		<dc:creator>Free-Rentals Vacation Rentals &#187; Blog Archive &#187; HomeAway raises $250m in VC funding</dc:creator>
		<pubDate>Wed, 12 Nov 2008 17:02:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531735</guid>
		<description>[...] Source [...]</description>
		<content:encoded><![CDATA[<p>[...] Source [...]</p>
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		<title>By: Monster Round For HomeAway: $250 Million, At An Absurd Valuation &#124; Tech News - Business News And Social Networking</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531478</link>
		<dc:creator>Monster Round For HomeAway: $250 Million, At An Absurd Valuation &#124; Tech News - Business News And Social Networking</dc:creator>
		<pubDate>Wed, 12 Nov 2008 14:02:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531478</guid>
		<description>[...] vIA Techcrunch [...]</description>
		<content:encoded><![CDATA[<p>[...] vIA Techcrunch [...]</p>
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	<item>
		<title>By: Monster Round For HomeAway: $250 Million, At An Absurd Valuation &#124; Latest Technology News - Business News And Expert Advice</title>
		<link>http://www.techcrunch.com/2008/11/10/monster-round-for-homeaway-250-million/comment-page-2/#comment-2531475</link>
		<dc:creator>Monster Round For HomeAway: $250 Million, At An Absurd Valuation &#124; Latest Technology News - Business News And Expert Advice</dc:creator>
		<pubDate>Wed, 12 Nov 2008 14:01:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=27360#comment-2531475</guid>
		<description>[...] Techcrunch Bookmark [...]</description>
		<content:encoded><![CDATA[<p>[...] Techcrunch Bookmark [...]</p>
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