Thu.Aug 18, 2022

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Aero raises $65M for its semi-private airline

TechCrunch LA

Aero Technologies , which describes itself as a “next-generation air travel company” which currently operates on a limited number of routes in the U.S. and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. Expa and Keyframe Capital, as well as new investor Capital One Ventures also participated in this route.

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Stop managers from gaming the system!

Berkonomics

Does this really happen? Business unit managers are under lots of pressure to perform, and occasionally are tempted to step over the line finding ways to look better than reality reflects. Of course, this has never happened to you, and you have never done this in your past. So, we are speaking of a theoretical manager here. Of course. Well, how to prevent it from happening?