Aggregator Operations Partner Pre-Money Valuation 
Agile VC
APRIL 17, 2011
How They Do It: Aggregate data from travel data warehouses like ITA as well as indexing travel providers websites, provide this information to consumers in a highly customizable search engine. 2010 Operating Income: $16 million. Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation.
David Teten
NOVEMBER 15, 2013
Disruptable Pattern #4: Most investors put in only a modest amount of their own money into their funds. In the asset management industry, the norm is that the General Partner puts in 1-2% of the total assets under management. By spending more money, investors can justify managing more money, which in turn increases their fees.
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