WAYN.com, a London-based social networking travel web site, has raised $11m (£5.7m).
It lets users enter details of where they are and where they have traveled in the past, and how they can share information about say, the best bars in New York. It resembles RealTravel, a Silicon Valley site that does that sort of thing.
It says it wants to be the MySpace of the travel business. It says it is already profitable (although it did start in 2002, so that is good). It also says it has been able to convert about 100,000 users into subscribers paying up to £7.50 a month.
Esprit Capital Partners led the investment. LastMinute.com co-founder Brent Hoberman also invested, along with David Soskin and Hugo Burge, of Cheapflights; Adrian Critchlow and Andy Phillips of Active Hotels (which was sold in 2004), and Constant Tedder of Jagex, an online games company.
4 Comments
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Alfred Toh said:
The link to wayn.com is wrong, its hyperlinked to http://wayne.com rather than http://wayn.com
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Pete said:
I am a member of WAYN in 2 years and I am happy with thier improvements… I hope that they will use this 11 mln wisely ;) I want to have video clip service :))
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Brando said:
Brilliant idea - Why didnt I think of that one!! :( Good luck with it
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Tracie Murphy said:
I have a $35.88 charge on my bank account from Wayn.com London on 4/16/907. I DID NOT AUTHORIZE THIS CHARGE AND I WANT IT REVERSED OR I WILL FILE A FRAUD COMPLAINT.
TRACIE MURPHY -
Amy said:
well tracie i have to say that I had a similar situation and they have refunded me all amount you need to ask them…they play fair ;)
