Summary
Overview
Work History
Education
Skills
Timeline
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Kevin W Parke

Technology Entrepreneur Growing Successful Companies
Greensboro,GA

Summary

Entrepreneur and corporate development professional experienced in investment evaluation, acquisition and optimization for private equity and family offices. Experienced with management and development of new business opportunities with history of transforming underperforming operations into successful enterprises. Legal, investment and operating backgrounds with experience with start-ups, growth stage companies across sectors including technology, streaming media and entertainment.

Overview

36
36
years of professional experience
7
7
years of post-secondary education

Work History

Founder and Managing Director

Parallel Digital Partners
, Georgia
09.2019 - Current
  • Entrepreneurial consultant providing strategic and operational leadership to start-up and growing companies, launching multiple companies in technology and entertainment sectors.

Chief Executive Officer

Yellowfolder
Dallas, TX
07.2018 - 08.2019
  • Hired by owner Argonaut Private Equity as CEO of YellowFolder, EdTech company providing digital document management services to K-12 market
  • Responsible for restructuring business operations, sales, and marketing to refocus company on SaaS marketing opportunities in K-12 education market
  • Established alliances with leading student information system providers, expanding product distribution to 23 states while reducing operating expenses dramatically.
  • Positioned company for acquisition by and integration with sector-leading company
  • Made large-scale financial decisions and supervised company spending to reduce expenses and maximize profits

Chief Operating Officer and General Counsel

The Charity Network
Dallas, TX
01.2014 - 07.2018
  • Engineered turnaround of company strategy and culture, resulting in creation of the Charity Network, integrated technology suite for celebrities, influencers, and charities, through acquisitions of Prizeo.com, Charitybuzz.com and Global Philanthropy Group
  • Assimilated acquired companies into cohesive, mission-driven organization revolutionizing how charities raise money and awareness in digital age
  • Redesigned streaming media, auction, sweepstakes, and payment processing platform, including software redesign and business model relaunch featuring media partnerships and sponsorships
  • Forged partnerships with media companies, content producers and distributors to populate sites and expand distribution channels
  • Provided legal analysis and advice to diverse internal clients and managed outside counsel.

Operating Partner

2M Companies, Inc.
Dallas, TX
01.2011 - 01.2013
  • Hired by family office to apply entrepreneurial and operating experience to several under-performing portfolio investments to develop and execute strategies for turnaround of companies or termination of investment
  • For Alpha Dominche, led early-stage commercial brewer manufacturer from award-winning prototype design through product launch, software application development, and cash flow breakeven by mentoring founder and building international sales and marketing, manufacturing, financial, and legal systems
  • For Altior, Inc., engineered turn-around of underperforming semiconductor company, refocusing development and marketing strategies and reducing costs by more than $100,000/month, and then closed company's sale to Exar (NASDAQ: EXAR) in stock-for-stock transaction with 3-year earn-out
  • For Airity, Inc., led intense review of business operations and opportunities for early-stage technology company awarded FCC designation as database administrator for unlicensed wireless devices in vacant broadcast television spectrum. Business determined unsupportable and shut down while preserving intellectual property assets.

President

Landmark Theatres
Los Angeles, CA
01.2003 - 01.2011
  • Reuniting with Broadcast.com partners Mark Cuban and Todd Wagner, operating leader with full P&L responsibility, driving modernization and growth of legacy art and independent film theatre circuit with 70 units in 26 markets with 1,500 employees
  • Launched in-theater bar operations, adding over $4 million in high-margin annual revenue in first two years, diversifying revenue and leveraging unique real estate assets
  • Designed and opened new theaters in several key markets, including flagship Los Angeles facility, organically growing company revenue by more than 20% and extending company brand
  • Reduced operating costs by over 15% by upgraded technology systems, including deploying digital and 3-D projection, on-line ticketing, customer loyalty program, and network enhancements

Vice President of Broadcast Operations

Yahoo! Broadcast
Dallas, TX
07.1999 - 01.2003
  • As member of Yahoo! Executive Management Committee, led post-merger integration of Broadcast.com's streaming media technologies, content and 200 employees into Yahoo!
  • Created and executed streaming media strategies for Yahoo! content network
  • Shaped corporate strategy across entire Yahoo! network of services offerings as member of Yahoo!'s executive management committee.
  • Day-to-day hands-on operations oversight, leading technology, operations and business development teams through rapidly-expanding business lines and technology innovations.

Vice President and Counsel

Broadcast.com
Dallas, TX
01.1996 - 07.1999
  • Founded by Mark Cuban and Todd Wagner, guided broadcast.com (originally named AudioNet.com) from start-up streaming media concept through one of most successful IPOs in history
  • As first streaming media company, applied bleeding edge technologies to bring audio webcasting, and then video streaming media online, extending business, broadcast, entertainment, and sports content around world for first time
  • Built operations teams and created operating systems and controls for fast growth streaming media company
  • Negotiated Internet broadcast rights agreements with broadcast, music and sports rights holders including National Hockey League, Major League Baseball, PGA TOUR, New York Yankees, over 100 NCAA Division I institutions, 400 radio and 50 TV stations

Chief Operating Officer

Marketing Corporation Of America
Dallas, TX
02.1993 - 03.1996
  • COO and in-house counsel for database marketing company service nonprofit health organizations

Partner

Hopkins & Sutter
Dallas, TX
07.1987 - 08.1993
  • Managed corporate and LLC-based legal transactions, coordinating document flow and logistical preparation for complex transactional closings.
  • Provided sophisticated transactional services including finance, mergers and acquisitions, and development.

Associate Attorney

Akin Gump Strauss Hauer & Feld
Dallas, TX
08.1985 - 07.1987
  • Provided legal advice to variety of mid-sized and large businesses involved in multiple types of transactions.

Education

J.D. - Business Law

Southern Methodist University School of Law
Dallas, TX
08.1982 - 05.1985

Bachelor of Arts - Economics And Statistics

Vanderbilt University
Nashville, TN
08.1977 - 05.1981

Skills

    Business Development

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Timeline

Founder and Managing Director

Parallel Digital Partners
09.2019 - Current

Chief Executive Officer

Yellowfolder
07.2018 - 08.2019

Chief Operating Officer and General Counsel

The Charity Network
01.2014 - 07.2018

Operating Partner

2M Companies, Inc.
01.2011 - 01.2013

President

Landmark Theatres
01.2003 - 01.2011

Vice President of Broadcast Operations

Yahoo! Broadcast
07.1999 - 01.2003

Vice President and Counsel

Broadcast.com
01.1996 - 07.1999

Chief Operating Officer

Marketing Corporation Of America
02.1993 - 03.1996

Partner

Hopkins & Sutter
07.1987 - 08.1993

Associate Attorney

Akin Gump Strauss Hauer & Feld
08.1985 - 07.1987

J.D. - Business Law

Southern Methodist University School of Law
08.1982 - 05.1985

Bachelor of Arts - Economics And Statistics

Vanderbilt University
08.1977 - 05.1981

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Kevin W ParkeTechnology Entrepreneur Growing Successful Companies