The Big Question - Pat Kenealy, general partner of IDG Ventures Pacific II Fund, former CEO of IDG Corp.
Q. What were your biggest accomplishments as IDG CEO?
A. There were three: improved financial results, an acceleration of Internet activities and a few organizational changes. Financially, our media business saw improvements in revenue growth and in profit margins, and our venture capital funds-especially in China-yielded big returns on investments made in past years. On the Internet front, I think I helped IDG move the Internet to "center stage" both strategically and operationally. In the past three years, IDG has tripled its Internet-based revenue and expects it to surpass print revenue within a few years. Finally, my biggest internal accomplishment was reinforcing the decentralized structure of IDG itself through a series of small, low-profile reorganizations.
Source: Media Business
For more information, please contact:
Howard Sholkin
howard_sholkin@idg.com
617-239-7882