[acchow]

They had huge signup growth at launch (everyone wants to travel for free!) but it dwindled and revenue growth hit a wall (nobody wants to fund someone else's travel - shocking). I'm confused about how this was supposed to work - it feels a bit like kickstarter except you don't get anything for funding a campaign (If I want to read blog posts and see pictures about other people's travels, there's no shortage of that all over the interwebs).

[sremani]

I liked the concept of honeymoon registry, that is one travel friends and family do not have problem sponsoring.

[degenerate]

I saw that too, and it's the only part of this business idea that made an ounce of sense.

[eonw]

i agree with this part... unless its a gift to you, if i am going to be financing travel, it will be me doing the traveling.

[joelrunyon]

That's the concept here - http://www.honeyfund.com/

[markkarimov]

Thanks for the comment. It wasn't a surprise for us that people won't fund other people vacations. We were betting more on volunteering/charitable trips, crazy adventures, honeymoons.

Also, even though we were called "crowdfunding for travelers", we were betting a lot on the sponsorship model - there are a lot of great companies willing to sponsor interesting trips. If you google around, you will find a lot of independent travelers backed by some awesome brands like Samsung, Skype, etc.

We wanted to explore the sponsorship angle more (and managed to work with over 56 brands on this), but were focusing on way too many things and didn't have enough resources to play with the idea. I still believe there a huge potential in that space of done right. We clearly didn't do everything right. Well, we're learning.

[nols]

Seems more like a GoFundMe for travel, actually not that bad of an idea(GoFundMe even has a section for travel). I think the idea is more for friends and family to donate to a travel experience, not strangers.