|Born||Kenneth Allen Fox
Philadelphia, Pennsylvania, United States
|Education||The Pennsylvania State University|
|Occupation||•Co-founder & former Managing Director of Internet Capital Group (ICG)
• Managing Partner of Stripes Group
• Co-founder and Chairman of Syndero
• Former Executive Chairman of SmartWool
•Co-founder of A-10 Capital
• Co-founder of Sentinel Fund
Kenneth Allen Fox is an American business man best known as an entrepreneur and investor. He was a co-founder of Internet Capital Group who has gone on to form Stripes Group, Sentinel Fund, Syndero and A10 Capital.
Entrepreneur and investor
In 1994, Fox joined venture capital firm Safeguard Scientifics Inc. and in 1995 established the company's San Francisco office. In 1996, Fox, along with fellow Safeguard executive Walter Buckley, founded Internet Capital Group (NASDAQ : ICGE) with strategic investors including IBM and General Electric. While at ICG he led several investments including Matchlogic, SMART Technologies and TRADEX. Fox also was Chairman of ICG Asia, a Hong Kong listed company that was sold to Hutchinson-Whampoa. ICG’s market capitalization peaked in March 2000 at over $50 billion after going public in August 1999. Fox's experience as an investor and operator with ICG during 2000 and 2001, a period in which the company paired its portfolio and operations, impacted his view on risk management and determined his current approach to private equity investing.
In 2003, Fox founded Stripes Group, a Manhattan-based private equity firm that makes growth-stage minority and majority investments in profitable internet, software-as-a-service, technology-enabled services and branded consumer products companies. Stripes Group portfolio companies include Perimeter eSecurity, Epic Advertising, NetQuote and SmartWool. In 2009, Stripes Group invested $13 million into MyWebGrocer, a company that manages websites for grocery chains while selling advertising to consumer packaged goods companies that is based in Winooski, VT.
Fox also is chairman and co-founder of Syndero, a marketer of beauty products on the Internet. Its products include the Ookisa hair care line, TriClear acne treatment, OnLingo language learning CDs, and the Internet CareerKit.
Fox is also a co-Founder of A10 Capital, a Boise, Idaho-based distressed commercial real estate lender. A10 Capital maintains a $100 million fund to provide loans to buyers of troubled office, industrial, retail and multi-family real estate assets.
- Source:RESUME: Kenneth A. Fox. BusinessWeek Online, November 1, 1999
- Source:Where are they now? Ken Fox. Fortune, 2006
- Source:A One-Stock Way to Play The Net Here's an exclusive first look at the company analysts think is best poised to capitalize on the Net's next big wave:business-to-business e-commerce. Internet Capital has stakes in 36 hot B2B startups. Fortune September 27, 1999
- Source:Internet Capital's Young Turks. BusinessWeek Online, November 1, 1999
- Source:Fox slyly cashes in on 'Net technology. The Daily Pennsylvanian, October 24, 2000
- Source:Internet Capital Group Making E-Business Noise. CRN, December 09, 1999
- Source:Following The Money: Some 680 men, women, techies, and, yes, schools got pre-IPO shares of Internet high flier ICG. Here's how they became insiders and what they did as the stock crashed.. FORTUNE Magazine, September 17, 2001
- Source:Stripes Group Profile. CrunchBase, 2009
- Source:VC Series A Web Tech Deals in August. Zimbio, September 16, 2009
- Source:Syndero sells beauty to capture clicks. San Francisco Business Times, Friday, October 24, 2008
- Source:Inc 5000 Profile. Inc. Magazine, 2009
- Source:Business Week Personal Products: Syndero, Inc. Business Week, February 12, 2010
- Source:WithPool of Distressed Assets on the Rise, A10 Kicks Off $100M Lending Program. Commercial Property Executive, May 11, 2009
- Source:Goldman Tennessee Mall Loan Shows CMBS Stirring: Credit Markets. Bloomberg, February 17, 2010
- Source:CrunchBaseProfile: Ken Fox. CrunchBase, 2009