Entrepreneur, Investor, CEO
Greater New York City Area
- Current
-
- Co-Founder & CEO at OrganizedWisdom.com, Inc.
- Managing Partner at Transformation Ventures
- Past
-
- Chairman, CEO, Co-Founder at Promotions.com, Inc.
- Sr. Vice President at iVillage, Inc.
- Assistant Publisher of Law Journal EXTRA! (now known as law.com) at The New York Law Publishing Company (acquired by American Lawyer, Inc)
- Co-Founder at LINK
- Education
-
- Benjamin Cardozo School of Law
- Widener University School of Law
- University of Maryland - College Park
- Connections
-
500+
connections
- Industry
- Online Media
Steven Krein’s Summary
Steven H. Krein is the Chairman and CEO of OrganizedWisdom, LLC. Steven, a successful long time entrepreneur, was the co-founder, Chairman and CEO of Promotions.com, Inc., a global online advertising, direct marketing and technology company which was founded as Webstakes, Inc. in 1996, went public on Nasdaq in 1999 and was acquired by iVillage, Inc in 2002. Promotions.com was named to Deloitte & Touche's prestigious 2002 "Technology Fast 50", ranking it as one of the fastest growing technology companies in New York City. In less than four years, the company generated more than $27 million in annual revenue, built a membership of more than 20 million consumers, attracted blue-chip clients and advertisers such as Kraft Foods, Bristol Myers Squibb, Citibank and NBC, raised almost $100 million from leading venture, strategic and institutional investors and achieved more than a $500 million dollar market capitalization as a publicly traded company. After the company’s sale, Krein briefly stayed on at iVillage as a senior executive before founding Transformation Ventures, where he created and coached entrepreneurs on The 10 Laws of Creating Equity Value™. From October 1994 to May 1996, Steven was Assistant Publisher of Law Journal Extra!, the first online legal news and information web site, which was acquired by American Lawyer Media and is now known as Law.com.
Steven is a frequent speaker on Health Consumerism and Social Media and has been featured on NBC’s The Today Show, CNN, the Fox New Channel, CNBC Power Lunch, CNBC Marketwatch and Bloomberg News.
Steven received his J.D. degree from Widener University School of Law and his B.A. degree from the University of Maryland - College Park. Steven is a Member and Board Member of YPO (the Young President's Organization) – Metro New York Chapter and lives in New York City with his wife and two daughters.
Steven Krein’s Experience
-
Co-Founder & CEO
OrganizedWisdom.com, Inc.
(Privately Held; 11-50 employees; Online Media industry)
October 2005 — Present (3 years 10 months)
OrganizedWisdom® Health is the first human-powered, doctor-guided search service for health. The site at http://organizedwisdom.com provides reviewed, well-organized search result pages called WisdomCards™, for the most popular health search terms and phrases without the clutter, redundant links or index spam typically found in search engines. The Company is based in New York City.
-
Managing Partner
Transformation Ventures
(Privately Held; 1-10 employees; Venture Capital & Private Equity industry)
January 2003 — Present (6 years 7 months)
-
Chairman, CEO, Co-Founder
Promotions.com, Inc.
(Public Company; 201-500 employees; PRMO; Internet industry)
January 1996 — December 2002 (7 years)
- Global direct marketing and promotion technology firm successfully sold, along with Webstakes.com subsidiary, to iVillage, Inc. in 2002
- Raised approximately $100M ($50M in IPO in 1999 led by Bear Stearns, Thomas Weisel Partners, ING Barings & Wit Capital and $50M in venture and strategic capital prior to IPO from investors including Stone Capital, NBC, Citigroup Investments, Allen & Company, XL Ventures/Big Flower Holdings, Primus Venture Partners, Excite@Home, Weiss Peck & Greer and Invesco Private Capital
- Achieved annual sales growth rates of 200%-2000% per year exceeding $26M in 4 years, ranking firm as 23rd fastest growing technology firm in New York City in Deloitte & Touche's "Technology Fast 50"
-Led 200 employees servicing Fortune 50 clients including Kraft Foods, AOL and Citibank
- Guest on several television programs including CNBC's Power Lunch, NBC’s The Today Show, CNN/fn, Bloomberg News, CNBC Market Watch and the Fox News Channel. -
Sr. Vice President
iVillage, Inc.
(Public Company; 201-500 employees; IVIL; Online Media industry)
May 2002 — December 2002 (8 months)
After acquiring Promotions.com, Krein briefly stayed on at iVillage as Senior Vice President
-
Assistant Publisher of Law Journal EXTRA! (now known as law.com)
The New York Law Publishing Company (acquired by American Lawyer, Inc)
(Privately Held; 201-500 employees; Online Media industry)
September 1994 — May 1996 (1 year 9 months)
-
Co-Founder
LINK
(Privately Held; 1-10 employees; Online Media industry)
May 1993 — September 1994 (1 year 5 months)
Online Service for Lawyers & Law Students in Delaware
Steven Krein’s Education
-
Benjamin Cardozo School of Law
Final Year of Studies 1995 — 1995
-
Widener University School of Law
JD , 1992 — 1995
-
University of Maryland - College Park
BA , September 1988 — May 1992
Additional Information
Steven Krein’s Groups:
-
Bintro.com -
ePharma Summit
Steven Krein’s Contact Settings
Interested In:
- new ventures
- job inquiries
- expertise requests
- business deals
- reference requests
- getting back in touch
