Filed by Thayer Ventures Acquisition Corporation pursuant to
Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Thayer Ventures Acquisition Corporation
Commission File No.: 001-39791
This filing relates to the proposed business combination between Inspirato LLC (Inspirato) and Thayer Ventures Acquisition Corporation
(Thayer) pursuant to the terms of that certain Business Combination Agreement, dated as of June 30, 2021 (the Business Combination Agreement).
THE FOLLOWING IS THE TEXT OF THE INTERVIEW WITH BRENT HANDLER (CHIEF EXECUTIVE OFFICER, INSPIRATO LLC) BY CHEDDAR NEWS, DATED JULY 26, 2021.
INTERVIEW TRANSCRIPT
Ken Buffa (KB): We bring in
Brent Handler, CEO of Inspirato. He joins us now. Brent, good morning.
Brent Handler (BH): Good morning. Thanks for having me, Ken.
KB: Absolutely and congratulations. First off, I need to ask for not only me but for my viewer explain the concept behind Inspirato and
why some are calling this the Netflix of travel.
BH: Sure. Inspirato is a luxury subscription travel company as you mentioned. We have
two products. We have Club, which is $600 a month and then you pay for travel as you go. And then we have Pass, which is $2,500 a month, but you pay no nightly rates, taxes or fees and you choose from over, you choose from around 150,000 trips
thats on a list that you can select from any time. And the day you check out of a trip, you can book your next trip. And we have homes that we completely manage and control, so were not like a marketplace like Airbnb. These homes, we
sign under long term lease and then we manage them, we take care of them, and we provide a branded, members only experience in those homes. We also have relationships with hotels, cruises and other types of experiences.
KB: So also in those packages, when it comes to booking and getting ready, you guys take care of all of that, no?
BH: We do. So its a very high level of service as you would expect so everyone of our subscribers has a dedicated team that takes care of them
and their family. And if you actually travel to any of our homes, theres an on-site concierge that takes care of all of the planning and all of the details while youre there so you dont have
to worry about a thing except for having a great time.
KB: Down to the detail of keeping food in the refrigerator. Am I right?
BH: Thats right. Well go shopping for you, well really kind of take care of everything. If you think about at a high level, when you
rent a house on the internet, its a little bit like vacation roulette, and it works really well on the lower end, but on the higher end, where you really want to have a luxury vacation, everybody is used to what you would get at a Four Seasons
hotel, but there really is no service and certainty with a home. Youre kind of like risking it every time and we believe our subscribes cant afford a bad vacation so we take care of all of those details and make sure that the experience
is exactly what you would expect if you checked into a Ritz Carlton, a St. Regis, a Four Seasons, an Aman Resort, but at a residence instead of a hotel.