TROUBLE AT THE SUMMIT
Fortune US|April - May 2023
Four founders bought a $40 million ski mountain in Utah to build a utopia for tech's elite. It didn't work out quite as planned.
LILA MACLELLAN
TROUBLE AT THE SUMMIT

THE THEME WAS NARNIA meets Walden meets 1920s speakeasy at the 2012 Summit Series Basecamp conference. The rapper Q-Tip and DJ Jazzy Jeff played a set; the president of Georgia made a speech; rescued mountain lions surprised guests at a nature talk; and the illusionist David Blaine roamed the halls of the Lake Tahoe resort, randomly delighting attendees with his tricks.

Just four years after a group of idealistic entrepreneurs in their early twenties started Summit Series, it had grown into a phenomenon: an invite-only multi-day conference with an eye-popping guest list of CEOs, founders, wellness gurus, philanthropists, and celebrities who came for the intense workshops, heady talks, and legendary parties at stunning vacation destinations. At an annual Summit Series conference or a "Summit at Sea" cruise, one might find oneself in a meditation session with Jeff Bezos, learning about indigenous peoples' rights from Harrison Ford, or petting puppies with A$AP Rocky.

The four young men who created Summit SeriesElliott Bisnow, Brett Leve, Jeff Rosenthal, and Jeremy Schwartz-would usually be in the mix, hobnobbing with guests in the craft cocktail bar hidden behind a broom closet or practicing lucid dreaming in the geodesic dome. But at Lake Tahoe in 2012 they had to sit out the fun, they recall in Make No Small Plans, a book about the conference series that they published last year. Instead they were holed up in a windowless room at the resort, working behind the scenes to charter a 737 jet to Utah.

The morning after the conference ended, they ushered 60 of the 800 Basecamp attendees onto the plane for a last-minute all-expenses-paid mystery trip. A fleet of 30 rental cars was waiting in Salt Lake City to deliver the still-baffled guests to a hastily constructed yurt at the top of a mountain in the town of Eden, Utah-Powder Mountain.

هذه القصة مأخوذة من طبعة April - May 2023 من Fortune US.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April - May 2023 من Fortune US.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FORTUNE US مشاهدة الكل
THE NEW GOLD RUSH
Fortune US

THE NEW GOLD RUSH

Gold prices have soared amid global uncertainty and a central-bank-driven buying spree. But this time, the gold mining industry looks very different.

time-read
10+ mins  |
December 2024/January 2025
A New Season for Giving
Fortune US

A New Season for Giving

As the PGA TOUR kicks off its 2025 season alongside its sponsors in Hawai'i, the organization is continuing to make an impact in local communities.

time-read
4 mins  |
December 2024/January 2025
WELCOME TO ELONTOWN, USA
Fortune US

WELCOME TO ELONTOWN, USA

The small town of Bastrop, Texas (pop. 12,000), has become a home base for Elon Musk's business empire. What comes next is anyone's guess.

time-read
10+ mins  |
December 2024/January 2025
100 MOST POWERFUL PEOPLE
Fortune US

100 MOST POWERFUL PEOPLE

Our inaugural, authoritative ranking of the leaders whose innovation and impact have elevated them to the top of the business world.

time-read
10+ mins  |
December 2024/January 2025
ARE CEO SABBATICALS THE ULTIMATE POWER MOVE?
Fortune US

ARE CEO SABBATICALS THE ULTIMATE POWER MOVE?

WHEN VENTURE capitalist Jeremy Liew and his wife were dating, they talked about how one day they would take a year to travel the world. \"That's how we'd know we'd made it,\" Liew says.

time-read
4 mins  |
December 2024/January 2025
WHAT ARE THE BEST METRICS FOR MEASURING A STARTUP'S POTENTIAL?
Fortune US

WHAT ARE THE BEST METRICS FOR MEASURING A STARTUP'S POTENTIAL?

IN HIS 2012 ESSAY \"Startup = Growth,\" Paul Graham talks about a 5% to 7% weekly growth rate as table stakes for startup success. If you're growing 10%, he says, you're doing \"exceptionally well.\"

time-read
2 mins  |
December 2024/January 2025
TECH POLYMARKET'S ELECTION ACCURACY MADE SHAYNE COPLAN A STAR-BUT AN FBI RAID POINTS TO TROUBLE AHEAD
Fortune US

TECH POLYMARKET'S ELECTION ACCURACY MADE SHAYNE COPLAN A STAR-BUT AN FBI RAID POINTS TO TROUBLE AHEAD

IN NOVEMBER, Shayne Coplan had a week he'll remember for the rest of his life: He got a phone call from the highest echelons at Mar-a-Lago. He went on TV for the first time. And his New York City apartment was raided by the FBI.

time-read
4 mins  |
December 2024/January 2025
WHY BIG TECH IS THE NUCLEAR INDUSTRY'S NEW BEST FRIEND
Fortune US

WHY BIG TECH IS THE NUCLEAR INDUSTRY'S NEW BEST FRIEND

OVER THE PAST several years, Big Tech firms like Google and Microsoft have trumpeted ambitious plans to go carbon-neutral, or even carbon-negative, by 2030. But then the generative-AI boom came along and threw a giant wrench in their plans.

time-read
5 mins  |
December 2024/January 2025
WHAT PALMER LUCKEY, THE MAN REVOLUTIONIZING WARFARE, IS AFRAID OF
Fortune US

WHAT PALMER LUCKEY, THE MAN REVOLUTIONIZING WARFARE, IS AFRAID OF

PALMER LUCKEY, the founder of the $14 billion Al-powered weapons startup Anduril, has become the face of change in the defense industry.

time-read
5 mins  |
December 2024/January 2025
GLOBAL BUSINESS BRACES FOR TRUMP 2.0
Fortune US

GLOBAL BUSINESS BRACES FOR TRUMP 2.0

AROUND THE WORLD in 2024, voters chose change: in South Africa, France, Britain, and Japan. But nowhere does the anti-incumbent trend matter more than in the United States.

time-read
6 mins  |
December 2024/January 2025