News for Sellers
- April 2, 2013
FedBid SVP, Federal, Doug Stuck, on History and Trends in Federal Government and Sequestration
This Washington Exec profile of FedBid Senior Vice President of Federal, Doug Stuck, offers insight on who inspired him to grow into the senior leader he is today, what brought him to FedBid over a decade ago and what continues to drive his passion for the company. Through his interview, he also offers specifics on some of FedBid’s current success stories and upcoming expansion into new markets.
- March 11, 2013
FedBid’s Big Plans
By: Tania Anderson
This TECH BISNOW FedBid profile piece delivers a behind the scenes peek at FedBidders in action, while providing an insightful overview on how our business model, operations and growing marketplace work to save $millions for registered Buyers and bring real opportunities to registered Sellers. The article also provides a sneak preview at FedBid’s “Big Plans” to save $millions for commercial, state and local and education Buyers.
- January 25, 2013
Executive Profile: Ali Saadat
By Emily Mekinc
“I’m a number guy…I see numbers the way that is not common for others to see. If you give me a set of numbers, I have a story on it,” said FedBid founder and CEO in this January 2013 Washington Business Journal Executive Profile spotlight interview. Saadat started his first computer services business in the early 1970s in Tehran, Iran and has since, led and built numerous information technology and Internet companies, including FedBid. Reporter Emily Mekinc’s interview offers insight on Saadat’s personal and professional background while delivering details on FedBid’s corporate history and his vision for the company’s future.
- January 7, 2013
Reverse Auctions: Creating Winners through Acquisition Innovation
By Dr. David Wyld
This NCMA Contract Management article examines how reverse auctions produce savings for innovative organizations that utilize them—including dozens of federal agencies—as well as opportunity for suppliers to build their businesses by successfully competing—and winning—in the competitive bidding environment. The case for reverse auctions is proven through a series of success stories featuring federal government agencies leading the way in effectively adopting reverse auction-driven business-to-business, e-commerce technologies as a spend management solution, and the perspectives of the trailblazing leaders behind those success stories. The article also dispels myths that persist about reverse auctions while demonstrating that encouraging reverse auctions is vital to making government acquisition better, faster, and cheaper.
- July 17, 2012
FedBid Announces Bobby Feigler as Chief Marketplace Officer
VIENNA, VIRGINIA, July 17, 2012 - FedBid, Inc., the fully-managed online marketplace revolutionizing how the government buys products and services, announced today the appointment of Bobby Feigler as Chief Marketplace Officer, leading account operations and business development operations, as a member of the company’s senior executive team.
- April 27, 2012
FedBid: Fueling the Double Bottom Line
By Ted Leonsis
AOL Vice Chairman, NHL Washington Capitals and NBA Wizards owner, Revolution Growth Fund Partner and FedBid Board Member, Ted Leonsis believes businesses do well by doing good; when businesses live by the ethos of giving more than they take, they have happy employees and are successful as a result – an effect he calls the “double bottom line”. Here, on his personal blog, Ted offers insight on what makes FedBid a double bottom line company.
- April 10, 2012
The Most Influential Federal IT Leaders Since 1987: A Short List
Federal Computer Week Insider
Federal Computer Week features Dr. Steven Kelman, on its just-released power list of the most influential leaders shaping federal IT policies and technologies. Kelman, the former head of the Office of Federal Procurement Policy in the White House’s Office of Management and Budget, continues to elevate and advocate the need for acquisition innovation as a key member of FedBid’s Advisory Board.
- January 17, 2012
FedBid Attracts Private Investors With Cost-effective Acquisition Model
By Jill R. Aitoro, Washington Business Journal
The decision by entrepreneurs Ted Leonsis and Steve Case to make Vienna-based FedBid Inc. the first investment for their $450 million Revolution Growth fund reflects not only on the company’s success but the growing appeal of its business model to budget-strapped federal customers. The goal of the investment is to accelerate the growth and reach of FedBid, which has seen the annual value of purchases made through its online portal rise more than 60 percent since 2008.
- January 17, 2012
Revolution Growth Fund Makes First Investment in FedBid
January 17, 2012—Washington, DC —Today, FedBid, Inc., which operates the FedBid online marketplace at www.FedBid.com, announced that it has received the first investment made by the Revolution Growth fund, which was launched in December 2011 by Steve Case, Ted Leonsis and Donn Davis.
- January 16, 2012
Revolution Growth Invests in Vienna-based FedBid
By Thomas Heath, The Washington Post
Washington entrepreneurs Ted Leonsis and Steve Case have made the first big investment with their $450 million Revolution Growth fund, acquiring a major stake in Vienna-based FedBid, which they hope to grow into an online marketplace for tens of billions of dollars in government procurement. The investment was made less than two months after the two former AOL executives announced the formation of the fund, a private investment vehicle designed to reignite the high-tech, entrepreneurial culture that dominated Washington in the 1990s.