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SPOTLIGHT

 

 IMMEDIATE RELEASE
Feb. 21, 2012
CONTACT: K.E. Schwab
724.738.2199
karl.schwab@sru.edu

 

 

Online entrepreneur explains opportunities      

 

SLIPPERY ROCK, Pa. – David Wolfe, a high-tech entrepreneur associated with the growth of such successful online services as BuyWithMe.com, Napster.com and MyLife.com, will describe the critical components of launching a high-tech company when he lectures at Slippery Rock University Feb. 28.

           Wolfe’s lecture is at 12:30 p.m. in the Advanced Technology and Science Hall.

           Wolfe was chief operating officer at BuyWithMe.com where he led the marketing, product management, product design and engineering teams to bring the company into the number three position in the group buying space.

           BuyWithMe was a short-lived group buying Web site based in New York that allowed consumers to leverage group buying power to get discounts with local merchants. The online service distributed a “Daily Deal” to subscribers. The company opened in 2009 and was acquired by Gilt Groupe in 2011. BuyWithMe was named in the Lead411's 86 Hottest Boston Companies list.

           Wolfe formerly served as chief product officer and chief operating officer of Interactive One where, in managing a staff of 50, he was at the forefront of a unique multi-platform play in partnership with Interactive One’s parent company, Radio One.

           Wolfe was asked to leverage his understanding of the entertainment space to create a richer environment with enhanced features. He was charged with the rejuvenation of BlackPlanet.com, a top 10 social network, with further developing Interactive One’s media sites and advertising platform and with the online release of Radio One’s 52-station websites to create a holistic and consistent online presence across Radio One’s multimedia operations.

           He served as the chief technology officer at Napster before joining InteractiveOne. At Napster, the name of two music-focused online services that pioneered peer-to-peer file sharing over the Internet, Wolfe played a key role in the acquisition of Napster by BestBuy for $121 million.

           Wolfe spent his tenure at Napster re-organizing the product development and product management functions and delivering multiple winning products to consumers, including a lauded next generation Web application, a mobile application and a productized API.

            Before Napster, Wolfe served as MyLife.com’s (formerly Reunion.com) president of product and technology for five years, during which he created a definitive product roadmap that positively engaged his team and helped drive the company’s revenues from $4 million to more than $50 million. He was key player in the company’s growth during its formative years.

MyLife is a social network service founded in 2002 to help members find and keep in touch with friends, relatives and lost loves. In 2007 it was listed as the sixth top social networking site with 28 million users, growing by nearly 1 million new members each month.

            SRU’s Sustainable Enterprise Accelerator and the department of computer science are sponsoring the visit.

 

          

Slippery Rock University is Pennsylvania’s premier public residential university. Slippery Rock University provides students with a comprehensive learning experience that intentionally combines academic instruction with enhanced educational and learning opportunities that make a positive difference in their lives.