We are here to Stayforlong

Investing into an online booking site amid a global pandemic.

Lucas de la Vega
5 min readSep 10, 2020

We first met Luis and Francesc founders of Stayforlong three years ago following a warm intro through a friend. After a couple of meetings we felt that the company was not ready for a Venture debt facility due to the risky credit profile and the short track-record of the founding team.

Two years later, during the toughest time for the Travel-Tech industry, here we are, investing into a company that has been incredibly challenged by the effects of an unexpected global healthcare crisis.

Why did we decide to step into the lion’s den? What made us change our minds on Stayforlong? How do we feel about Travel-Tech?

Our investment is grounded on three pillars:

  • Powerful underlying trends in the leisure travel industry
  • Performance, consistent track-record of the existing team
  • Flexibility of the structured equity and debt proposal

1. Powerful underlying trends in the leisure travel and time-to-exit

Leisure travel has constantly increased in the past decades and is today a much bigger industry than it was in the 90s, 00s or 10s.

Beyond the noise of the current situation with struggling Airlines and Hospitality companies we believe leisure travel rise from its ashes after the overcoming of the current…

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Lucas de la Vega

Venture Debt investor @zubicapital. Opinions are my own.