Corporate travel executives are thoroughly baffled by what a quartet of venture capitalists see in TripActions. Determining the literally unbelievable $4 billion valuation that TripActions claimed last month must have been way more “art” than “science.” A June 27 TripActions announcement included the also shocking statement that Andreessen Horowitz, Group 11, Lightspeed Venture Partners and Zeev Ventures put $250 million...
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