Ken Fox

Last updated
Ken Fox
Born
Kenneth Allen Fox

Education Pennsylvania State University
OccupationFounder of Stripes, LLC

Kenneth Allen Fox is an American entrepreneur and investor.

Contents

Early life and education

Fox grew up in the suburbs of Philadelphia, Pennsylvania, where he started his first business at the age of 15, later graduating from Pennsylvania State University, with a B.S. in economics. He led the formation of The Fox Challenge at Pennsylvania State University. He completed his first IPO at 29.[ citation needed ]

Career

Stripes

In 2008, Fox founded Stripes, LLC, a Manhattan-based growth equity firm that invests in software-as-a-service (SaaS), and branded consumer products companies. He is actively involved with Stripes portfolio companies Monday, ON Running, A24, Island, Stella & Chewy’s, SpectroCloud, Khaite, Erewhon, Snyk, Axonius, Fireblocks, Pleo and Collectors Universe. [1]

ICG

Fox co-founded the Internet Capital Group (ICG) in 1995 and ICG Asia, a Hong Kong-listed company later sold to Hutchison Whampoa. [2] [3] [4] [5] [6]

Safeguard Scientifics

Fox worked as Director of West Coast operations for Safeguard Scientifics, Inc. from 1994 to 1996. [7]

He is also a co-founder of A10 Capital, a commercial mortgage lender.

Honors and awards

Fox was named the Ernst and Young Entrepreneur of the Year in 2000. He won the Golden Plate Award from the American Academy of Achievement, and was named by the Industry Standard as the Most Innovative B2B Executive. [7]

Personal life

Fox is a board member of the TEAK Fellowship, a Development Partner of Acumen, and a supporter of code.org. [8] [9] [10]

Related Research Articles

<span class="mw-page-title-main">Mark Pincus</span> American Internet entrepreneur

Mark Jonathan Pincus is an American Internet entrepreneur known as the founder of Zynga, a mobile social gaming company. Pincus also founded the startups Freeloader, Inc., Tribe Networks, and Support.com. Pincus served as the CEO of Zynga until July 2013, then again from 2015 to 2016.

<span class="mw-page-title-main">TPG Inc.</span> American investment company

TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. TPG became a public company in January 2022, trading on the NASDAQ under the ticker symbol “TPG”.

Warren Van Dyke "Pete" Musser was the chairman of the Musser Group. He was the founder of Safeguard Scientifics, a venture capital firm that invested in technology companies. At the peak of the dot-com bubble, Musser was a billionaire on paper; however, when the bubble burst, he lost almost his entire fortune.

Ronald Terry Burr is an American Internet and media entrepreneur, based in Los Angeles, CA. He is the holder of nine internet patents and the co-founder and original chief executive officer of NetZero. During his career he has created over $1 Billion in value for shareholders. Burr was named by InfoWorld as one of the Top 50 IT executives at xSP's, by Interactive Week as one of the 25 Top Unsung Hero's of the Net and was a finalist for Ernst & Young's Entrepreneur of the Year award. Burr was also the chief executive officer of online advertising company WebVisible, Inc. until its closure in 2011 due to unpaid debts.

<span class="mw-page-title-main">Chris Sacca</span> American businessman

Christopher Sacca is an American venture investor, company advisor, entrepreneur, and lawyer. He is the proprietor of Lowercase Capital, a venture capital fund in the United States that has invested in seed and early-stage technology companies such as Twitter, Uber, Instagram, Twilio, and Kickstarter, investments that resulted in his placement as No. 2 on Forbes' Midas List: Top Tech Investors for 2017. Sacca held several positions at Google Inc., where he led the alternative access and wireless divisions and worked on mergers and acquisitions. Between 2015 and 2020, he appeared as a "Guest Shark" on ABC's Shark Tank. In early 2017, Sacca announced that he was retiring from venture investing. In 2021, Sacca announced that he was back into venture investing with a focus on Climate issues.

Khosla Ventures is a private American venture capital firm based in Menlo Park, California. It was founded by entrepreneur Vinod Khosla in 2004. The firm focused on early-stage companies in the Internet, computing, mobile, financial services, agriculture, healthcare and clean technology sectors. Some of its most successful investments include Affirm, DoorDash, Square, Impossible Foods, Instacart, and OpenAI.

<span class="mw-page-title-main">Accel (company)</span> Venture capital firm

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

<span class="mw-page-title-main">Wences Casares</span> Argentine businessman

Wenceslao Casares, also known as Wences Casares is an Argentinian entrepreneur and businessman in Silicon Valley–based fintech. He is the CEO of Xapo Bank, and founded Internet Argentina, Wanako Games, Patagon, Lemon Wallet, and Banco Lemon. Casares sits on the boards of PayPal, Diem, and Endeavor.

Lightspeed Venture Partners is a global venture capital firm focusing on seed stage, early stage investments and growth stage investments in the enterprise, fintech, consumer and healthcare sectors. Lightspeed has eleven offices globally and as of 2023 had approximately US$25 billion in assets under management.

<span class="mw-page-title-main">Actua Corporation</span> Defunct venture capital firm

Actua Corporation was a venture capital firm. During the dot com bubble, the company had a market capitalization of over $50 billion. The company was originally known as Internet Capital Group, Inc. and changed its name to Actua Corporation in September 2014. In 2018, the company underwent liquidation.

<span class="mw-page-title-main">Scott Lenet</span> American venture capitalist

Scott Harris Lenet is an American venture capitalist and entrepreneur. He is a co-founder of two venture capital firms: the corporate venture capital firm Touchdown Ventures and the seed stage venture capital firm DFJ Frontier.

Tradex Technologies Inc. was a developer of Java-based B2B e-commerce software. It primarily operated in the industries of financial services, telecommunications, plastics, and foodservice. It offered a platform for vertical trading hubs, another for large enterprises, and a third for the distributor channel segment. The software used JavaBeans technology.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

<span class="mw-page-title-main">Aaron Levie</span> American entrepreneur (born 1984)

Aaron Winsor Levie is an American entrepreneur. He is the co-founder and CEO of the enterprise cloud company Box.

<span class="mw-page-title-main">IndiaMART</span> Indian e-commerce company

IndiaMART InterMESH Ltd is India's largest B2B online marketplace, connecting buyers and suppliers. It is headquartered in Noida and currently hosts 194 million registered buyers and 7.9 million sellers, listed on its marketplace. It has over 108 million products listed in over 98,000 product categories in across 56 industry groups.

Pete Flint OBE is a British internet entrepreneur and investor based in San Francisco. He is the founder and former chairman and CEO of Trulia. Formerly, he was part of the founding team at lastminute.com. He is currently a managing partner at NFX, the early stage venture capital fund focused on network effect businesses.

Buck Buckley is the Co-Founder and CIO of SEMCAP and former CEO of Actua Corporation, formerly ICG Corporation, a company that he co-founded along with Ken Fox. In 2017, Actua Corporation announced the sale of its majority-owned assets and that it would return 3x capital to shareholders.

Dan Caruso is an American entrepreneur and investor. He is the co-founder, and former chairman and CEO of Zayo Group Holdings, Inc., a bandwidth infrastructure services company headquartered in Boulder, Colorado.

China Renaissance is a Chinese financial institution. Founded by Fan Bao in 2005 as a financial advisory firm, China Renaissance’s core business now consists of investment banking, investment management and wealth management. As of June 30, 2020, China Renaissance had advised on approximately 980 transactions worth over USD$146 billion since its inception, and the company’s private equity funds had AUM of approximately RMB39.0 billion in new economy investments.

Nium is a Singapore-headquartered cross-border payments company. Initially founded by Prajit Nanu and Michael Bermingham, and launched as a consumer-remittance platform Instarem in 2014. In 2016, the company introduced its B2B payments platform and rebranded as Nium in 2019, subsequently elevating Pratik Gandhi to co-founder in 2021. However, Gandhi left Nium in October 2023, around the time Nium's Chief Product Officer also left the company and Nium announced a layoff of over 10% of its global staff.

References

  1. "Ken Fox". Stripes.co.
  2. Xander, Robin (October 26, 2008). "Syndero sells beauty to capture clicks". American City Business Journals .
  3. "A10 Capital Closes $75 Million Investment Facility From KKR" (Press release). Marketwired. February 10, 2016.
  4. Schonfeld, Erick (September 27, 1999). "A One-Stock Way to Play The Net Here's an exclusive first look at the company analysts think is best poised to capitalize on the Net's next big wave: business-to-business e-commerce. Internet Capital has stakes in 36 hot B2B startups". Fortune .
  5. Simon, Ruth (January 29, 2001). "1. IPOs Will Make You Rich". The Wall Street Journal .(subscription required)
  6. Barrett, Amy (November 1, 1999). "Internet Capital's Young Turks". Bloomberg L.P. (subscription required)
  7. 1 2 Kenneth A. Fox III, A.C.A., A.C.I.I., A.C.I.S.; Bloomberg;
  8. "TEAK Board of Directors".
  9. "code.org Donors".
  10. "Acumen Partner Community".