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May 23, 2011 02:07 am GMT
Former CEO,Kevin Ryanledthe company through a period of explosive growth in the late '90's. He took the ad-targeting company from a handful of employees to more than 2,000 in just 4 years before selling toGoogle for . However, as Ryan discusses in this episode of Founder Storieswith Chris Dixon, the dot.com bust threatened to wash it all away.Ryan says during the downturn, "we lost 70% of our clients, bankrupt, and the only thing that saved us is we probably lost 80% of our competitors."His white collar war story features seven rounds of layoffs. Make sure to watch this episode as Ryan relates how he rebounded and went on to start AlleyCorp, a network of companies that includes Gilt Groupe, Business Insider, ShopWiki, and 10gen.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oulW34RFgrw/
(Founder Stories) Fmr. DoubleClick CEO, Kevin Ryan "We Lost 70% Of Our Clients" (TCTV)
Former CEO,Kevin Ryanledthe company through a period of explosive growth in the late '90's. He took the ad-targeting company from a handful of employees to more than 2,000 in just 4 years before selling toGoogle for . However, as Ryan discusses in this episode of Founder Storieswith Chris Dixon, the dot.com bust threatened to wash it all away.Ryan says during the downturn, "we lost 70% of our clients, bankrupt, and the only thing that saved us is we probably lost 80% of our competitors."His white collar war story features seven rounds of layoffs. Make sure to watch this episode as Ryan relates how he rebounded and went on to start AlleyCorp, a network of companies that includes Gilt Groupe, Business Insider, ShopWiki, and 10gen.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oulW34RFgrw/
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