Summit Series (conference): Difference between revisions
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'''Summit Series''' is an American organization that hosts conferences and events for young entrepreneurs, artists and activists.<ref name=wired2012>{{cite news |title=Summit Series: TED Meets Burning Man|work=Wired Magazine|author=Andy Isaacson|date=February 27, 2012|url=http://www.wired.com/2012/02/summit-series-ted-burning-man/all/|accessdate=January 8, 2015}}</ref><ref name=venturebeat2012>{{cite news |title=Summit Series buys a mountain in Utah to host conferences, retreats, and entrepreneurship|work=Venture Beat|author=John Koetsier|date=December 3, 2012|url=http://venturebeat.com/2012/12/03/summit-series-conference-buys-mountain/|accessdate=January 8, 2015}}</ref> Events organized by the group include an annual invitation-only conference during which participants discuss topics including business practices, technological innovation, and philanthropy.<ref name=forbes2013>{{cite news |title=Summit Outside: What Happens When 900 Entrepreneurs Go Camping Atop Powder Mountain?|work=Forbes Magazine|author=Steven Bertoli|date=July 31, 2013|url=http://www.forbes.com/sites/stevenbertoni/2013/07/31/summit-outside-what-happens-when-900-entrepreneurs-go-camping-atop-powder-mountain/|accessdate=January 8, 2015}}</ref> Summit Series attendees have included [[Bill Clinton]], [[Ted Turner]] and [[Richard Branson]].<ref name=venturebeat2012/> Summit Series was founded in 2008 by Elliott Bisnow, Brett Leve, Jeff Rosenthal, Jeremy Schwartz, and Ryan Begelman. |
'''Summit Series''' is an American organization that hosts conferences and events for young entrepreneurs, artists and activists.<ref name=wired2012>{{cite news |title=Summit Series: TED Meets Burning Man|work=Wired Magazine|author=Andy Isaacson|date=February 27, 2012|url=http://www.wired.com/2012/02/summit-series-ted-burning-man/all/|accessdate=January 8, 2015}}</ref><ref name=venturebeat2012>{{cite news |title=Summit Series buys a mountain in Utah to host conferences, retreats, and entrepreneurship|work=Venture Beat|author=John Koetsier|date=December 3, 2012|url=http://venturebeat.com/2012/12/03/summit-series-conference-buys-mountain/|accessdate=January 8, 2015}}</ref> Events organized by the group include an annual invitation-only conference during which participants discuss topics including business practices, technological innovation, and philanthropy.<ref name=forbes2013>{{cite news |title=Summit Outside: What Happens When 900 Entrepreneurs Go Camping Atop Powder Mountain?|work=Forbes Magazine|author=Steven Bertoli|date=July 31, 2013|url=http://www.forbes.com/sites/stevenbertoni/2013/07/31/summit-outside-what-happens-when-900-entrepreneurs-go-camping-atop-powder-mountain/|accessdate=January 8, 2015}}</ref> Summit Series attendees have included [[Bill Clinton]], [[Ted Turner]] and [[Richard Branson]].<ref name=venturebeat2012/> Summit Series was founded in 2008 by Elliott Bisnow, Brett Leve, [[Jeff Rosenthal]], Jeremy Schwartz, and Ryan Begelman. |
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Since its foundation, the organization has raised more than $2 million for charitable and non-profit organizations.<ref name=venturebeat2012/> Through its investment fund Summit Action Fund, Summit Series has invested in multiple [[startup companies]], including [[Uber (company)|Uber]], and [[Warby Parker]].<ref name=nextweb2013>{{cite news |title=Entrepreneurial events firm Summit Series acquires Utah’s Powder Mountain ski resort for $40m|work=The Next Web|author=Courtney Boyd Myers|url=http://thenextweb.com/entrepreneur/2013/05/07/exclusive-summit-series-inks-the-40-million-dollar-deal-on-powder-mountain/|accessdate=January 8, 2015}}</ref><ref name=businessweek>{{cite news |title=Sun Valley for the Zynga Generation|work=Business Week|author=Susan Berfield|date=June 23, 2011|url=http://www.businessweek.com/magazine/content/11_27/b4235082454432.htm|accessdate=January 8, 2015}}</ref><ref>{{cite web |url=http://www.summitseries.co/initiatives |title=Initiatives |work=summitseries.com |publisher=Summit Series |accessdate=October 22, 2014}}</ref> |
Since its foundation, the organization has raised more than $2 million for charitable and non-profit organizations.<ref name=venturebeat2012/> Through its investment fund Summit Action Fund, Summit Series has invested in multiple [[startup companies]], including [[Uber (company)|Uber]], and [[Warby Parker]].<ref name=nextweb2013>{{cite news |title=Entrepreneurial events firm Summit Series acquires Utah’s Powder Mountain ski resort for $40m|work=The Next Web|author=Courtney Boyd Myers|url=http://thenextweb.com/entrepreneur/2013/05/07/exclusive-summit-series-inks-the-40-million-dollar-deal-on-powder-mountain/|accessdate=January 8, 2015}}</ref><ref name=businessweek>{{cite news |title=Sun Valley for the Zynga Generation|work=Business Week|author=Susan Berfield|date=June 23, 2011|url=http://www.businessweek.com/magazine/content/11_27/b4235082454432.htm|accessdate=January 8, 2015}}</ref><ref>{{cite web |url=http://www.summitseries.co/initiatives |title=Initiatives |work=summitseries.com |publisher=Summit Series |accessdate=October 22, 2014}}</ref> |
Revision as of 22:15, 9 November 2015
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Formation | 2008 |
---|---|
Type | Conference series |
Purpose | Business networking, philanthropy |
Headquarters | Powder Mountain, Utah |
Region served | Worldwide |
Website | summit.co |
Summit Series is an American organization that hosts conferences and events for young entrepreneurs, artists and activists.[1][2] Events organized by the group include an annual invitation-only conference during which participants discuss topics including business practices, technological innovation, and philanthropy.[3] Summit Series attendees have included Bill Clinton, Ted Turner and Richard Branson.[2] Summit Series was founded in 2008 by Elliott Bisnow, Brett Leve, Jeff Rosenthal, Jeremy Schwartz, and Ryan Begelman.
Since its foundation, the organization has raised more than $2 million for charitable and non-profit organizations.[2] Through its investment fund Summit Action Fund, Summit Series has invested in multiple startup companies, including Uber, and Warby Parker.[4][5][6]
History
Summit Series was founded in April 2008 by Elliott Bisnow, Brett Leve, Jeff Rosenthal, Jeremy Schwartz, and Ryan Begelman. Summit was launched with an invitation-only event organized for young entrepreneurs to meet and gain advice from one another that was hosted at a ski resort in Park City, Utah and attended by 19 people.[7][8] Later in 2008, the group held a similar gathering in Mexico.[9] Initially the organization did not have an official headquarters and the team moved between rented apartments in various countries worldwide.[10]
In 2009, Summit was invited by the Obama administration to curate a meeting at the White House between senior officials and 35 young entrepreneurs.[5][11] In May 2010, Summit held DC10, a three-day conference in Washington, D.C. for 750 people with participants including former President Bill Clinton, Ted Turner, and John Legend.[12] In April 2011, the organization hosted the Summit at Sea conference, where 1,000 young entrepreneurs took a chartered cruise ship from Miami to the Bahamas for a three-day conference featuring Richard Branson, Peter Thiel, GE CMO Beth Comstock,[13] and musical group The Roots.[8]
In April 2013, Summit purchased Powder Mountain,[14] the largest ski resort in America, for a reported $40 million.[15][16] Summit relocated its headquarters to Powder Mountain later that year.[17] The organization hosted its first event at the resort, Summit Outside, in July 2013.[3] Summit is developing a sustainable residential community named Summit Powder Mountain on the mountain. Plans for Summit Powder Mountain include 500 homes and a village of comparable density, a recording studio, conference lodge, startup incubator and an innovation laboratory.[17]
Operations
The organization’s focus is to build a community in which attendees support and inspire each other to achieve personal, business, and altruistic goals.[12] Attendees of Summit events have included Zappos.com chief executive Tony Hsieh,[11] music executive Russell Simmons,[3] former football player Dhani Jones,[18] musician Imogen Heap,[8] and founders from YouTube, Facebook, and Twitter.[11][19]
In addition to offering keynotes and discussions at its conferences, Summit offers recreational and sporting activities to participants including whitewater kayaking, skydiving,[20] and shark-tagging..[21]
Charitable activities
Summit Series is focused on philanthropy and has raised more than $2 million for charities and non-profits.[3][10] Its charitable activities include a partnership with the United Nations to raise funds for the Nothing But Nets anti-malaria campaign.[22] The Summit Series held an auction to support the campaign, offering a private meeting with Ted Turner and Kofi Annan to the winner,[22] and ultimately raised more than $150,000.[11] In July 2009, Summit Series members met at the home of Russell Simmons to brainstorm with President Clinton and to raise money for the Clinton Foundation.[11] The event raised $265,000.[10]Following its Summit at Sea conference in 2011, the organization raised more than $800,000 for The Nature Conservancy to create a marine protected area in the Bahamas.[23]
Summit Series Action Fund
Summit Series invests in startup companies through its Summit Action Fund. Companies the fund has invested in include Uber, and Warby Parker.[4][5]
References
- ^ Andy Isaacson (February 27, 2012). "Summit Series: TED Meets Burning Man". Wired Magazine. Retrieved January 8, 2015.
- ^ a b c John Koetsier (December 3, 2012). "Summit Series buys a mountain in Utah to host conferences, retreats, and entrepreneurship". Venture Beat. Retrieved January 8, 2015.
- ^ a b c d Steven Bertoli (July 31, 2013). "Summit Outside: What Happens When 900 Entrepreneurs Go Camping Atop Powder Mountain?". Forbes Magazine. Retrieved January 8, 2015.
- ^ a b Courtney Boyd Myers. "Entrepreneurial events firm Summit Series acquires Utah's Powder Mountain ski resort for $40m". The Next Web. Retrieved January 8, 2015.
- ^ a b c Susan Berfield (June 23, 2011). "Sun Valley for the Zynga Generation". Business Week. Retrieved January 8, 2015.
- ^ "Initiatives". summitseries.com. Summit Series. Retrieved October 22, 2014.
- ^ Courtney McCarthy (November 25, 2008). "Young entrepreneurs bond on the beach". CNET. Retrieved January 8, 2014.
- ^ a b Steven Bertoni (April 6, 2011). "Summit Series Takes the Party to the Open Seas". Forbes Magazine. Retrieved January 8, 2015.
- ^ "30 Under 30". Inc. Magazine. inc.com. 2009. Retrieved 16 August 2011.
- ^ a b c Annie Gowen (4 January 2010). "Elliott Bisnow brings other young entrepreneurs together in Summit Series". Washington Post. Retrieved 16 August 2011.
- ^ a b c d e Mark Cohen (9 July 2009). "A Mutual Aid Society for Young Entrepreneurs". New York Times. Retrieved 16 August 2011.
- ^ a b Daphne Oz (7 May 2010). "Summit Series DC10: What to do with 150 years of life". Huffington Post. huffingtonpost.com. Retrieved 16 August 2011.
- ^ "Innovation". sea.summitseries.com. Summit Series. Retrieved 2 November 2011.
- ^ "Why Buy A House When You Can Buy A Mountain?". NPR. Retrieved 30 April 2014.
- ^ "Yep, Summit Series Just Raised $40 Million to Buy That Mountain". The New York Observer. Retrieved 30 April 2014.
- ^ Madison Khan (December 11, 2012). "New Owner for Powder Mountain". ESPN. Retrieved January 8, 2015.
- ^ a b Joao Medeiros (October 28, 2013). "Startup Summit Group buys a mountain". Wired Magazine (UK). Retrieved January 8, 2014.
- ^ "Personal Growth". dc10.summitseries.com. Summit Series. May 2010. Retrieved 2 November 2011.
- ^ Bridget Carey (7 November 2009). "Uninhibited Conference Attracts Young CEOs". The Miami Herald.
- ^ Grayson Schaffer (14 June 2010). "Good Fellas". Outside Magazine. Retrieved 16 August 2010.
- ^ McNicholas, Kym (26 July 2011). "Peter Thiel, Kristen Bell And Summit Series Community Are Saving Sharks". Forbes. Retrieved 11 September 2011.
- ^ a b "Summit Series Announces Spontaneous Philanthropy Drive" (Press release). Business Wire. 4 April 2009.
- ^ Courtney Boyd Myers (March 19, 2012). "One year after entrepreneurs gather for Summit at Sea, nearly $1 million is raised to protect the ocean". The Next Web. Retrieved January 8, 2015.