Cliff Notes S-1: Kayak ? AGILEVC
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). paying for travel data from ITA or others (customers acquisition spend is not included in COGS). as of 12/31/09).
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