Remove Conversion Remove CPA Remove Option Pool Remove Semantic
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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Notable Aspects of Their Business: 1) Kayak’s an Ad Business More Than a Lead Gen Business : To some this may be semantics more than anything. Distribution revenue is CPC and CPA. . Precise valuations are impossible to determine because of adjustments to employee option pools, possible buybacks of common stock, etc.