{"id":1055,"date":"2008-04-18T07:10:35","date_gmt":"2008-04-18T14:10:35","guid":{"rendered":"http:\/\/montaraventures.com\/blog\/?p=1055"},"modified":"2008-04-18T07:10:35","modified_gmt":"2008-04-18T14:10:35","slug":"farecast-acquired-now-give-me-my-money","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/blog\/2008\/04\/18\/farecast-acquired-now-give-me-my-money\/","title":{"rendered":"Farecast Acquired, Now Give Me My Money"},"content":{"rendered":"

This is the third, and final entry about Farecast on Musings from the Coast<\/a>. For those who don’t know, Farecast is a travel service that allegedly has a model that predicts airfare cost and advises travelers based on that when to purchase a ticket. Sounds great, right? It doesn’t work<\/a>.
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\nA good idea poorly implemented is apparently still worth something, perhaps $115M. Which is what Microsoft ponied up to bring Farecast into the family<\/a>. Now Microsoft is a smart company and they must have done due diligence before the deal, but they didn’t talk to dissatisfied former customers like me. I could have saved them a bundle by showing them empirically<\/a> with Farecast’s own data that taking the opposite advice of given would lead to the best price for travelers.
\n
\nWell, now that Farecast has gotten their payday, I want mine. Using Farecast cost me $500 over two trips, when do I get my money? The Farecast team that wrote and promoted this piece of bovine feces has had a liquidity event. Where’s mine? And what about all the other schlubs who tried this flawed model and lost money?
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\nGood luck Microsoft, you’re going to need it.
<\/p>\n","protected":false},"excerpt":{"rendered":"

This is the third, and final entry about Farecast on Musings from the Coast. For those who don’t know, Farecast is a travel service that allegedly has a model that predicts airfare cost and advises travelers based on that when to purchase a ticket. Sounds great, right? It doesn’t work. A good idea poorly implemented […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/1055"}],"collection":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/comments?post=1055"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/1055\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/media?parent=1055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/categories?post=1055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/tags?post=1055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}