![]() ![]() So I joined them, became President, then CEO. I was 32 and had never developed a software product. I walked out of the meeting and thought, I don’t even know how to do this, the software development part. The two guys who started it were both engineers, very technical and incredibly brilliant. They had 15 people, and were a couple of months old. ![]() As part of my due diligence I ran across a company called Doubleclick (an online advertising firm) that was doing kind of what I wanted to do. So I said, well, I’m going to go out and start an Internet company. I went to the parent company and suggested they fund it and make it big, but they were cautious. I concluded then that the Internet would be unbelievably big. By the beginning of 1996, I had built up an e-commerce-enabled, advertising-supported website. Scripps, when I launched the Dilbert website. My Internet career started in 1995 working for E.W. ![]() Kevin, the cat’s out of the bag: You’re now known as the “Billion Dollar Man of Silicon Alley.” Could you give us the flash version, so to speak, of what you’ve done, and the companies or businesses you’ve launched, bought and sold?Ī. We spent an hour recently with CEO and Founder Kevin Ryan, who shared some of his thoughts about e-commerce, future plans for Gilt, and the state of the luxury business. Luxury fashion flash sale phenomenon Gilt Groupe has only been in existence for four years, but already has annual sales of over $500 million and a valuation of a billion dollars. ![]()
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