Olkkola is currently senior vice president/Business Development for A. H. Belo Corporation, a position he has held since November 2007. He is responsible for driving strategic investments, developing an enterprise-wide product innovation process and creating partnerships with companies whose aligned business models and technologies can lead to the creation of new audience and business opportunities.
Previously, Olkkola has held senior positions in venture capital and corporate business development, both in technology-based industries. He most recently served as managing director of STARTech Early Ventures, a seed and early-stage venture capital firm. From 1998 until 2007, he served as a general partner and operating partner at Austin Ventures, one of the country's leading venture capital firms. During his tenure in venture capital, Olkkola was responsible for launching more than 20 new companies. Prior to joining Austin Ventures, Olkkola served in a number of staff and operating capacities for Compaq Computer from 1993 until 1998 including vice president/Strategic Technology Planning and director/Business Development where he lead the acquisition of several companies, and co-founded the Compaq Venture Fund. Olkkola held similar positions with Motorola Information Systems from 1983 until 1993 including senior director/Systems Division and director/Business Development.