Kevin P. Ryan
Kevin P. Ryan is an Internet executive and entrepreneur in New York City's Silicon Alley. He serves as the Founder and CEO of Gilt Groupe and prior to November 2010, he was the company's Executive Chairman.
Ryan was CEO of DoubleClick, which he joined in 1996, and over the next nine years built into a multi-billion dollar global industry leader. Under his direction, DoubleClick was awarded the title of New York Company of the Year by The Silicon Silicon Alley Reporter.
Ryan was named one of the "50 Most Influential Business People" by Crain's New York Business. DoubleClick was sold in 2005 for $1.1 billion to Hellman and Friedman LLC, and Ryan stepped down as CEO shortly thereafter. DoubleClick was acquired by Google for $3.1 billion in March 2008. After leaving DoubleClick, Ryan, along with former DoubleClick CTO and co-founder, Dwight Merriman, founded AlleyCorp, a network of four affiliated Internet companies of which he is Chairman and CEO.
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[edit] AlleyCorp
Current companies in the AlleyCorp network include:
- The Business Insider: an online business news and analysis site that provides news, commentary and discussion on the technology, media and communications industries.
- Gilt Groupe: an online community that offers members exclusive access to coveted fashion and luxury lifestyle sample sales, events and brands.
- ShopWiki: an international shopping search engine that provides advanced Web crawling technology to help shoppers find products and make more informed buying decisions.
[edit] Gilt Groupe
Gilt Groupe is an online retailer based in the United States. Founded by Ryan in 2007, Gilt Groupe stages online "flash sales", offering women's, men's and children's designer apparel and accessories, designer home goods and high-end travel destinations at discounted prices in a limited time sale format, typically 36 to 48 hours.
Ryan and Merriman branched into other lifestyle genres including Gilt City, a nationwide local services and experiences leader, and Jetsetter. Gilt Groupe has raised nearly $80 million to date; its investors include Matrix Partners and General Atlantic Partners.[citation needed]
[edit] The Ladders.com/Hot Jobs
Ryan is an angel investor[clarification needed] in TheLadders.com. He also was an early investor and board member of HotJobs, which was purchased by Yahoo! for $450 million in 2002.
[edit] Early career
While working at United Media, Ryan launched the Dilbert Web site, based on the popular comic strip created by Scott Adams.[1] Serving as Senior VP of Business and Finance, he helped lead a restructuring effort that increased United Media's profits fivefold. Ryan spent time with Euro Disney in France, and as an investment banker with Prudential Investment Corporation in the US and the UK.[2]
[edit] Other
Ryan serves on the board of directors for Human Rights Watch, The NYC Investment Fund and INSEAD and most recently, the Partnership for New York City.[citation needed]
He is also a member of the Yale International Council and the Council on Foreign Relations. He has served in the past on the boards of the Direct Marketing Association, the Ad Council, Hotjobs and on the Advisory Board for Doctors Without Borders.[citation needed]
In June 2009, Ryan was named Entrepreneur of the Year by Ernst & Young, LLP.[citation needed]
[edit] Personal
Ryan earned his B.A. from Yale University in 1985 and his M.B.A. from INSEAD in 1990.
[edit] See also
[edit] References
- ^ Venture Voice: VV Show #45 - Kevin Ryan of Panther Express, ShopWiki and Music Nation
- ^ "DoubleClick Names Kevin Ryan New CEO"