Report: HomeAway Eyes Formal Venture Fund

Austin-based HomeAway is considering setting up its own, formal venture capital farm to help manage its investments in companies, according to a report over the weekend. HomeAway CEO Brian Sharples told TechCrunch that the company is very actively looking at investing in companies, with more investments to help startup companies. HomeAway has been a very active acquirer of companies, but has been less active in specifically investing in startups.