| |
Kevin
O'Connor
Kevin O'Connor, who wrestled for Detroit Catholic Central High
School, co-founded his first technology start-up in 1983 at the age
of 21. After graduating from University of Michigan with a degree
in electrical engineering, he helped start a software firm in Atlanta
called Intercomputer Communications Corp. (ICC). Annual revenues
for ICC reached $35 million by 1992.
Tech firm DCA acquired ICC in 1992, and O'Connor became DCA's chief
technology officer and vice president of research until 1995, when
he had a brilliant idea. O'Connor saw that traditional advertisers
lacked technical expertise and would be eager to outsource the messy
business of delivering ads to Web sites, and calculating who saw
them. O'Connor quit DCA, and started DoubleClick in an Atlanta basement
in 1996, along with chief technology officer Dwight Merriman. He
eventually moved the company to New York and recruited media industry
maven Wenda Harris Millard as executive vice president. By the time
the company went public in February 1998, O'Connor had been named
by Forbes ASAP as one of technology's "Wealthiest 100." The
stock's price doubled within a month of its IPO (Initial Public Offering).
While DoubleClick remains to be the leading advertising network
on the Internet, the company has recently expanded to include: DoubleClick
Local, the first Internet advertising solution developed for regional
and local businesses; DoubleClick International, which allows advertisers
to reach a global market in 21 countries; and DoubleClick Boomerang,
a one-to-one targeting solution that allows advertisers to re-market
to customers. With online advertising expected to grow from $1.3
billion in the U.S. in 1998 to $10.5 billion in 2003, DoubleClick's
momentum shows no sign of slowing down.
|
|