Employee Lead Generation Liquidation Preference Seed Stage 
Agile VC
APRIL 17, 2011
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). 5) High Productivity: Kayak had 148 employees at the end of 2010. liquidation preference, 6% accumulated dividend (1).
Gust
NOVEMBER 15, 2012
In my own portfolio I have companies that are generally perceived to be extremely successful with high profile customers and lots of sales…but they just happen to have a liquidation preference ladder of $25 million! original post can be found on Quora @ : [link] *.
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