Investments

Spencer Rascoff

Bank Of America Investment Hotwire - VP Corporate Development Hotel & Car

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Investment Opportunity

Diversification . A larger pool of funds allows the fund manager managing the unit trust to purchase a wider range of investments. Rather than concentrating an investment portfolio into one or two investments or shares, a portfolio of market securities can be held. The wider the spread of investments, the less volatile (i.e. variable) the investment returns will be. In simple terms, not putting all your eggs in one basket.

Banc Of America Investment Spencer Rascoff is one of Hotwire?fs four co-founders, working on the original business plan in 1999, and helping secure Hotwire ?fs $75 Million funding in January 2000. At Hotwire, Rascoff oversees all aspects of the hotel and rental car products, including supplier relations and product development.

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Banking Investment Prior to co-founding Hotwire, Rascoff was an investment professional at the Texas Pacific Group ("TPG"), a leading private equity firm with more than $10 billion of equity capital under management. At TPG, Rascoff focused on technology investing. Prior to TPG, Rascoff was an investment banker in the Mergers and Acquisitions group at Goldman Sachs & Co. Rascoff graduated cum laude from Harvard University.

Someone at an LA airport (LAX or Long Beach) saw the camera's rolling on Heidi and Spencer saying goodbye.

Investment Solution Strategic Spencer Rascoff is one of Hotwire?fs four co-founders, working on the original business plan in 1999, and helping secure Hotwire ?fs $75 Million funding in January 2000. At Hotwire, Rascoff oversees all aspects of the hotel and rental car products, including supplier relations and product development.

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Investment Banking Services Prior to co-founding Hotwire, Rascoff was an investment professional at the Texas Pacific Group ("TPG"), a leading private equity firm with more than $10 billion of equity capital under management. At TPG, Rascoff focused on technology investing. Prior to TPG, Rascoff was an investment banker in the Mergers and Acquisitions group at Goldman Sachs & Co. Rascoff graduated cum laude from Harvard University.

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