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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

How They Make Money: Majority of Kayak’s revenue actually comes from advertising on their site (55%), not lead generation or referral fees to travel suppliers as you might think (more on this below). lead gen) and advertising revenue from both of these companies. AdSense and other Google advertising accounted for 7.7%

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Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC

Agile VC

How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. Facebook’s ad revenue is pure… after the cost of running the site is factored in, the rest just drops straight to the bottom line. That’s the capex (e.g.

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What Milestones Are Needed to Raise a Series A? ? AGILEVC

Agile VC

3) Repeatable, cost effective customer acquisition – Nothing whets a Series A investor’s appetite like a startup that’s shown $1 of incremental marketing spend will yield $2-3 of gross margin. If Google just announced an initiative in your market segment, that’s probably good validation.