Remove 2005 Remove CPA Remove Equity Remove Syndication
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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Distribution revenue is CPC and CPA. . 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. round closed Feb 2005. General Catalyst & Sequoia participated.