FlightFox

“The minimum fee is 50 dollars and that's for just a normal trip, either going one way, or round trip to anywhere in the world”

“We found in the end that, you know, there were a small number of experts winning the majority of those contests.”

“So if you give us you know, a valid quote up front, like if you've already searched for your trip and you found, you know, a thousand dollars on Expedia, if we can't beat that by our fees, if our fees, 50 dollars, if we can't find you a price for nine 50 or le…”

“So we've started going after companies and organizations where they spend, you know, they're spending hundreds of thousands of dollars per year on travel and, you know, they're booking travel every week kind of thing.”

“We only have 20 today. At our peak, we had like 5000 but we kind of just hand-picked the best ones from that group.”

“I'm just gonna say, we probably have a group of five to 10 companies that are booking probably 30 trips a month.”

“Total revenue was about seven to 800 K.”

“Yeah, we raised it in 2012. We raised about eight 50 K and that was just before we went into YC.”

“No, we, ah, so Roland will get 65%, and we get 35%.”

“Like at the moment I said, you know, we're going after corporate and organizations. And we haven't really found our sweet spot for customer acquisition yet. So until we find that we don't want to raise any more capital.”

“We had a big office in Canada for a while and had to fire everyone because, you know, it just wasn't working.”

“We haven't thought, thought through that.”

“So our revenue model we charge a fee for every trip which is unlike all of our competitors who make most of their money from commissions.”

“Well, so say for you know, we only make 35% on 50 dollars, so we're getting, like, 15, 20 dollars per per person, and the, you know, the normal person travels once a year, maybe, on a holiday.”

“And for companies we charge a 30 dollar search fee and then A booking fee of 20 dollars per person per place.”

“Currently we have four.”

“Most of them are full-time.”