There are millions of investment dollars in the market right now, but it seems the hype around generative artificial intelligence may be making it harder for investors to make decisions.
While some of the traditional investors in travel such as Accel, General Catalyst and Lakestar all closed multi-million, even billion dollar fundings in recent months, it remains to be seen whether they will be channeled into the industry.
Aaron Gowell, the co-founder and CEO of SilverRail Technologies who has built and sold several companies, said what’s different with these investors is before they would have made early stage and growth stage investments but now it is all early stage.
“It’s $1 million to $20…