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  • CouchSurfing….Huh

    One-million dollars for a CouchSurfing outfit. What is couchsurfing: well, CouchSurfing is a hospitality exchange network and website. With almost 2.8 million members in 246 countries and territories.

    Now we are in the Venture Capital twilight zone.

    One-million dollars for a CouchSurfing outfit. What is couchsurfing: well, CouchSurfing is a hospitality exchange network and website. With almost 2.8 million members in 246 countries and territories.

    Nicole Perlroth, in her Forbes article, When A Couchsurfing Startup Gets A Million in Funding, gives a fuller snapshot of this phenomenon, or some might say — fable.

    Perlroth states in, When A Couchsurfing Startup Gets A Million in Funding,”Still, given the popularity of Airbnb and the plethora of other couchsurfing sites, the thought of yet another couchsurfing site getting a million bucks is, nonetheless, a head scratcher. That is why I called up Andrew Ogawa, who led the investment for QVP, and was determined to get Tripping.com co-founder Jen O’Neal on the phone, to see what kind of pitch artist we were dealing with here.“

    I don’t know: but I believe in niche markets — Upstart: Business and Management for 20-40 Year Old Professionals is a niche website trying to build a bigger market, but maybe I see things too black and white, because of my own business perspective: but I do know there is much money to be made in peripheral businesses. You can check it out for yourself.

    Good Luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    Calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

    Filed Under: Startup/Entrepreneur

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