Thanks. It was disconcerting that they marketed the company to investors as having been done with the acquisition phase, and then what did they do? Acquire. Quick! Build a website for rental homes and sell it to HomeAway while they still have funny money to burn! Sell them a website, quick, before they burn more money on fancy offices and such.
Also, a bit disconcerting to see nonstop insider selling. What an excellent sign of self-confidence and commitment. Where are the Carnegies and the Vanderbilts--people who believed in themselves and their businesses and tied their fortunes to them, accordingly? Not at HomeAway, apparently.
I like many of the things that HomeAway has done and is doing, but there are negatives, too. At this crazy valuation, those negatives carry weight. I wish them the best and have been content to watch from the sidelines for now.