Kevin P. Ryan

Kevin P. Ryan
Residence New York City
Nationality American
Alma mater Yale University, INSEAD
Known for Founding Gilt Groupe, Business Insider, and MongoDB
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Kevin P. Ryan is an American Internet entrepreneur in the United States who has founded several New York-based businesses, including Gilt Groupe, Business Insider and MongoDB, and helped build DoubleClick from 1996 to 2005, first as president and later as CEO.[1]

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 three affiliated Internet companies of which he is Chairman and CEO. Ryan was named one of the "50 Most Influential Business People" by Crain's New York Business, and was included in Vanity Fair's 2011 New Establishment List.

Currently, Kevin serves on the boards of Human Rights Watch, Yale University, the NYC Investment Fund and INSEAD, and is a member of the Yale International Council and the Council on Foreign Relations. He holds a B.A. from Yale University and an M.B.A. from INSEAD.

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.
  • MongoDB: develops and supports the open source, non-relational database MongoDB.[2]

Gilt Groupe

Gilt Groupe is an online retailer based in the United States. Founded by Ryan in 2007, Gilt Groupe, www.gilt.com, is an online shopping site offering its members merchandise and food. Gilt offers fashion for women, men, and children; home décor; artisanal ingredients; hotels and travel experiences on every continent.

To date, Gilt Groupe has secured over $240 million in total financing since establishing operations in November 2007. Its investors include Matrix Partners, General Atlantic Partners, Softbank Group, New Enterprise Associates, Draper Fisher Jurvetson (DFJ) and Goldman Sachs.[3] In February 2014, Gilt Groupe was preparing for an IPO.[4] However, the company sold to the Hudson's Bay Company in January 2016 for $250 million.[5]

The Ladders.com/Hot Jobs

In 2004, Ryan became an angel investor in TheLadders.com.[6] He also was an early investor and board member of HotJobs, which was purchased by Yahoo! for $436 million in 2002.[7]

Early career

While working at United Media, Ryan launched the Dilbert Web site, based on the popular comic strip created by Scott Adams.[8] 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.[9]

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.[10] He was one of the project chairs for NYC Mayor Michael Bloomberg's review of the future of NYC's fashion industry, Fashion.NYC.2020.[11]

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. On May 30, 2012, Yale announced that Ryan has been elected to serve a six-year term as a member of the Yale corporation, the University's governing body.

In June 2009, Ryan was named Entrepreneur of the Year by Ernst & Young, LLP and In 2013 was named one of "The 100 Most Influential New Yorkers of the Past 25 Years" by the Observer.[12]

Personal

Ryan earned his B.A. from Yale University in 1985 and his M.B.A. from INSEAD in 1990. Ryan currently lives in New York City with his wife and children.

See also

References

  1. ↑ "Meet Kevin Ryan: The Man Behind the Rise of Gilt & DoubleClick". Mashable. 6 January 2011. Retrieved 15 April 2011.
  2. ↑ "Kevin Ryan Executive Profile". Bloomberg. 6 January 2012. Retrieved 15 April 2012.
  3. ↑ "Gilt Groupe Valued at Roughly $1 Billion"
  4. ↑ Strugatz, Rachel (13 February 2014). "Gilt IPO Puts Eyes on Flash Model". WWD. Retrieved 13 February 2014.
  5. ↑ "Hudson's Bay Confirms $250 Million Acquisition of Gilt Groupe". Recode. 6 January 2016. Retrieved 15 April 2016.
  6. ↑ "TheLadders.com Secures Funding"
  7. ↑ "http://www.businessinsider.com/monster-to-buy-yahoo-hot-jobs-225-million-in-cash-2010-2". Business Insider. 6 January 2010. Retrieved 15 April 2010. External link in |title= (help)
  8. ↑ Venture Voice: VV Show #45 - Kevin Ryan of Panther Express, ShopWiki and Music Nation
  9. ↑ "DoubleClick Names Kevin Ryan New CEO" Archived 2007-04-03 at the Wayback Machine.
  10. ↑ Leaders Mag, "An Entrepreneurial Culture: An Interview With Kevin P. Ryan, Founder and CEO of Gilt Groupe"
  11. ↑ Strauss, Steven; Kristy Sundjaja; Eric Johnson; Meghana Gandhi; Victor Wong; Jennifer Yoo, (2012). Fashion.NYC.2020. NYCEDC.
  12. ↑ Notes On The Road "Internet Entrepreneur Kevin Ryan on Balancing Success & Family Life"
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