Madrona Venture Group

Travel Management Company Consolidation Looms

In a Jan. 29 Business Travel News column, SAP Concur Travel president Charlie Sultan  predicted that distribution changes would “disrupt” travel management company revenue streams and combine with tech investment pressures to prompt “further TMC consolidation.” He didn’t cover Concur’s role. Parent SAP considered buying CWT but decided against it last week, according to sources…

Steve Singh, Thorsen And Other Notables To Unveil Corporate Travel Startup This Week

Steve Singh of Concur fame is back in corporate travel as chair of a Bay Area startup called Spotnana, which is due to reveal itself this week. Also involved are entrepreneur and travel risk management veteran Johnny Thorsen, travel management company disruptor Sarosh Waghmar and former SAP Concur sales executive Bill Tillman. In response to…

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