Peter Kafka

Recent Posts by Peter Kafka

Gilt Groupe Returns Its CEO: Kevin Ryan, Susan Lyne Swap Places

Gilt Groupe, the earliest and best known of the U.S. “private sale” shopping sites, has a new boss: Founder Kevin Ryan, who previously served as the company’s chairman, is now running the company.

Susan Lyne, brought in as CEO two years ago from Martha Stewart Living Omnimedia (MSO), has been moved into Ryan’s old chairman slot.

Gilt Groupe, which is touted as a likely IPO candidate, says it will see gross revenues of $400 million to $500 million this year.

(Full disclosure: I worked for Ryan for a year at Silicon Alley Insider.)

Here is a video interview that BoomTown’s Kara Swisher just did with Lyne at Gilt’s offices in New York’s Manhattan:


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”