Remove Customer Remove Liquidation Preference Remove Product Remove Syndication
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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. paying for travel data from ITA or others (customers acquisition spend is not included in COGS). 5) High Productivity: Kayak had 148 employees at the end of 2010.

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The Silliness Of Recapping Seed Rounds

Feld Thoughts

The company spends the $1m building and launching their first product. The product gets a lot better. The feedback is “come back when you’ve made more progress with customers.” The first release is underwhelming, but they iterate aggressively, with feedback and support from some of their angel investors.