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Andy McKelvey
(September 06, 2002) - We watched in surprise as Andy McKelvey joined Bill Clinton and Bob Dole on the Larry King show Tuesday night. Announcing the completion of the $100 Million fundraising for the Families of Freedom Scholarship Fund, the threesome flattered each other. The two former political opponents credited McKelvey with bringing them together to work on the project. The Fund provides for education assistance for postsecondary study to financially needy dependents, including children and spouses of those killed or permanently disabled as a result of the terrorist attacks on September 11, 2001. It was Clinton's first media appearance since he left office

McKelvey, as you may know, is the CEO of TMP, the parent of Monster.com. He's the entrepreneur who had the sense, timing and leadership to purchase Monster and grow it into the dominating force that it is today. An entrepreneur by birth, McKelvey is a shrewd investor and a logical candidate for "father of the industry". It was a little more than interesting to see him aligned with two other great figures from the 90s.

We've quietly been chiding Monster executives about the need for the company to assume the leadership responsibilities associated with market dominance. The sort of charitable giving and leadership provided by McKelvey is an extraordinary start. We certainly don't see other industry leaders working to align the industry with broader social issues. By focusing on college and scholarships, McKelvey demonstrates the sort of concern for Human Capital that we all need to be associated with.

Hearing Bill Clinton mention Monster.com several times during the short interview was worth more to the industry than it was to McKelvey and his firm. You can sense this when you consider that the powerful TMP media machine didn't even put out a press release about this remarkable moment.

It's worth noting that McKelvey put a fair amount of his fortune at risk to deliver the financial reports to Wall Street in August. We saw that conference as yet another indicator of the sort of entrepreneurial leadership we should be expecting from the TMP team.

Nice going.

 -John Sumser

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