Kip Allen Frey

K. Allen Frey is a venture capitalist and an adjunct professor at the DeWitt Wallace Center for Media and Democracy of Duke University.

He is best remembered nationally as the former Executive Vice President of World Championship Wrestling, a title he held for a brief period of time in 1992. His significant contribution to the company was the institution of workrate bonuses to whichever wrestler he thought had gone above and beyond the call of duty in the past week instead of simply "phoning in" his performance in the ring [Mick Foley, "Have a Nice Day", ReganBooks] . This was in sharp contrast to the more frugal approach of his successor, Bill Watts, who sought to cut back WCW's expenses [Alex Marvez, "Want Budget Wrestling? See Latest WCW Card," "Miami Herald", September 27, 1992, p. C8] during his year with the company.

Since his departure from the Turner organization, he has won a number of entrepreneurial awards for his business efforts [ [http://fds.duke.edu/db/aas/PublicPolicy/kfrey People - Sanford Institute of Public Policy ] ] . One of his most notable success stories as a venture capitalist was helping to secure $24 million for OpenSite Technologies [Bradley Spirrison, "OpenSite Opens Arms to $24M," Private Equity Week, April 19, 1999] , a provider of online auction software (this is not to be confused with internet encyclopedia Open Site).

Frey has been a professor at Duke since 1996.

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