Gary D. Kennedy–President and CEO, RemedyMD
September 12, 2007 Finance, Investing, Venture Capital No Comments
Mr. Kennedy is the founder and managing partner of Double Eagle Ventures, a private venture fund. Mr. Kennedy was the first investor in TenFold Corporation, where he served as President and Chief Executive Officer. Prior to TenFold, Mr. Kennedy was President, Chief Executive Officer, and Chairman of PRC, Inc., a systems integration company and wholly-owned subsidiary of Black and Decker. Prior to joining PRC, Mr. Kennedy served in various management and executive positions at Oracle Corporation from its inception including SVP of Oracle and President of Oracle USA. He was one of the first 10 professional employees of Oracle. Prior to joining Oracle, Mr. Kennedy served as a Marketing Manager for Intel Corporation. Mr. Kennedy received a B.A. in Finance from the University of Utah and an MBA from Northwestern.
Recap: We had a great turn out with nearly sixty people attending our inaugural event. Mr. Kennedy spoke to us about the many facets of risk using lots of colorful personal examples from his career. In one experience, he enthusiastically told his dad he was going to leave Intel to work for the then little-known Oracle that had a 25% chance of success. His dad was shocked and retorted that meant a 75% chance of failure. With the huge success of the software giant, Oracle, Mr. Kennedy showed that playing it safe sometimes is the biggest risk. We thank Mr. Kennedy for his insightful comments and for sharing his thoughts on risk.
