Agile VC

JUNE 5, 2011

The International segment appears to have similar profitability as the North America business though as it accounted for roughly the same proportion of adjusted operating income. and again only a portion of these subscribers will ultimately buy a Groupon, so the cost to acquire a true customer is higher than that.

North America 100

North America Chicago Boston Silicon Valley 100

Agile VC

MAY 27, 2016

If there’s a liquid supply of cars that can operate autonomously, one needn’t own a car… you could simply summon one on-demand from a fleet run by [Uber, Google, Apple, Ford, etc] and pay per use or subscription or whatever economic model emerges. But what if self-driving, autonomous cars actually increase car ownership?

Framework 133

Framework Boston Demand Operations 133

Agile VC

MARCH 13, 2012

’s leadership team, I personally would have vigorously opposed this move because I think any benefit which might accrue to the org would be overwhelmed by a range of costs. It is more remarkable for a large, well-known company that’s an actual operating business like Yahoo! If I were involved with Yahoo!’s

IP 100

IP IPO Social Network Silicon Valley 100

Agile VC

MARCH 5, 2019

Lyft’s Biggest Cost “Driver” Isn’t the Driver. But given they’re essentially recognizing “net revenue”, Lyft’s cost of goods (COGS, aka cost of revenue in S-1) is composed primarily of insurance, credit card processing fees, and software/tech hosting costs. Insurance is far and away the largest cost driver.

Aggregator 100

Aggregator .Net Revenue IPO 100

Agile VC

JUNE 13, 2019

First, on an operating cashflow basis Chewy has been CF positive in some of the recent years. In 2016 they generated an operating cash profit of $7M, in a year where the company was still spending significantly on growth and grew revenue >100% YoY. non-variable) costs associated with fulfillment. in 2016, to 17.5%

Leadership 100

Leadership .Net Revenue Acquisition 100

Agile VC

APRIL 17, 2011

2010 Operating Income: $16 million. Obviously most of these employees are working hard primarily for equity upside compensation, but Kayak’s personnel costs are roughly $200K/head so the company is highly productive on a per employee basis. Gross Margin: 94% –> i.e. for every $1 of revenue Kayak only spends $0.06

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Agile VC

FEBRUARY 2, 2012

How They Do It : Operate a social network at Facebook.com, through Facebook’s mobile apps, and the Facebook Platform which lets other websites extend Facebook’s tools for authentication and social sharing. who derive a meaningful chunk of their revenue from operating ad networks. Headquarters : Palo Alto, CA.

IPO 100

IPO South Korea Venezuela Revenue 100