Fail Week: Gilt's Kevin Ryan on Being CEO During DoubleClick's Layoffs
Today's Fail Week story features Kevin Ryan, president and CEO of DoubleClick from 1996 up through the time of its $1.1 billion sale to Hellman and Friedman in 2005 (a couple years before its $3.1 billion sale to Google) and the founder of luxury flash sale pioneer Gilt Groupe. Ryan talks about the lowest time in his career, when he held a total of seven painful rounds of layoffs while shepherding DoubleClick through the dot-com bust. Having to show so many hard-working employees the door meant "losing total credibility" as a leader.
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Subscribe to TechCrunch today:
Tune in all this week to hear five of the most prominent people in the tech industry talk about a time in their careers that was marked by epic failure and dark days. Click here for the full list of episodes:
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