Struggling Upstream

Johnston, Megan
November 2005
Forbes Asia;11/14/2005, Vol. 1 Issue 7, p93
The article features entrepreneurs Daniel S. Hafner and Paul English. Launched in February 2005, Kayak.com will probably lose $6.3 million on revenue of $3.3 million this year. Hafner and English insist that they will turn a profit by 2007, if they do not run out of their remaining $10 million in funding first. Hafner puts his faith in Kayak's technology. English and his programmers designed the software with so-called rich Internet application architecture, the first travel search site to do so, which allows it to scour more than 100 Web sites continually.


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