Ric Elias: Yeah, the stats are not clear. Ric dives deep into how that day impacted his life, greatly changed his perspective, and improved his relationship with his famil There are a number of retired pro athletes with kids that are high school or older who live in quite nice homes in South Charlotte, Ballantyne, and Marvin. In Puerto Rico, there was this 936 law where it created a lot of manufacturing jobs. Ric Elias: So just quickly, when the hurricane happened, I got a lot of friends calling and saying, "Hey, we want to help, and you're the one Puerto Rican we know, so whatever you do we'll do." Scan this QR code to download the app now. Contact an All American Speakers Bureau booking agent for more information on Ric Elias speaking fees, availability, speech topics and cost to hire for your next live or virtual event. Schuurman has since turned much of his focus to philanthropy and is described by The Giving Pledge as devoting all his time and resources to protecting and preserving the planet for future generations. In 2014, he founded FutureNL, a foundation aimed at improving digital literacy in primary and secondary schools in the Netherlands. We unite through discovery. It was a great place. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina. Fantastic conversation appreciate being the fly on the wall. Elias's leadership style and personal life are deeply influenced by his experience as a survivor of Flight 1549, also known as the "Miracle on the Hudson." TED Conferences, LLC. Together, the billionaire newcomers are worth an estimated $48.1 billion, with Canvas married cofounders Melanie Perkins and Cliff Obrecht the richest among them with a collective estimated net worth of $13 billion. Sports stars? Ric Elias, CEO and co-founder of Red Ventures, and his wife, Brenda, are suing the 24,500-square-foot houses Charlotte architect and builder, along with the manufacturer of the doors and windows. WebRic Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. Though his business takes him around the world, Agarwal, who was born in Mumbai but now lives in London, plans to focus his philanthropy on his native India. He said, "I was just doing my job." I left the cave. All the trees were gone, and you could see things that you could never see before. [14][15], In 2023 The Verge described the business model of the company as "publish[ing] content designed to rank highly in Google search for high-intent queries and monet[izing] that traffic with lucrative affiliate links. Thank you Peter and Ric. [19][20], Futurism additionally highlighted undisclosed AI-generated, SEO-focused content produced by Red Ventures's education division (internally RV EDU). You now own brands like The Points Guy and Bankrate and Healthline. I did the next morning. And so did that change the way that you parent? Brand and trust are at the core of everything that we do, said Courtney Jeffus, the president of the companys financial services division, which includes Bankrate. Websites operated by RV EDU include BestColleges.com, TheBestSchools.org, NurseJournal.org, ComputerScience.org, and Psychology.org, "as well as numerous sites with domain names that imply they're nonprofits".[21]. Ric Elias: What is really fun is digitization of every industry's just starting. I remember even recently, your birthday, there was a whole Puerto Rican celebration, some drums. Vaccinated employees have lunch in a dining area on Red Ventures 180-acre campus. A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. It's very competitive. It was a terrible idea, Mr. Elias said, and they quickly ran out of money. I'm talking glen eagles road and wing bourne. Talking about skillsets, Captain Chesley Sullenberger and the Gimli Glider piloted by Captain Robert Pearson, similiar but different landings. I was proud of what we built before, but I think being a part of Red Ventures has given us new purpose. We do deep integrations with our partners so that we can provide a much better customer experience. Comments deemed to be spam or solely promotional in nature will be deleted. [13], In 2021, the company had 4,500 employees and 751 million readers per month. His wife Bomi Sul founded a social networking service. It's January 15th in New York City. Brian Kelly: So I sold The Points Guy in 2012 to Bankrate, which was a publicly-traded company. is the assistant producer for TPG's podcasts. Tune in weekly and tell your friends -- we love our listeners. We also talk about his incredible role as CEO of an enormous company, his remarkable work in philanthropy, and all the wisdom he has acquired in his extraordinary life. A lot of people think that Puerto Rico is the center of the world, and out of that comes great pride in being Puerto Rican, which is a beautiful thing. He cofounded Red Ventures But Points Guy journalists are required to attend regular business meetings detailing how much money the site makes from credit card sales, which some take as a tacit suggestion to put their thumbs on the scale. WebIn this episode, Ric Elias, founder of Red Ventures, opens up about the fateful day he knew for certain that he was going to die as a passenger on US Airways Flight 1549. Most employees dont receive equity in the company, and lunch isnt free, just subsidized. Its about a 24-minute drive to Bank of America Stadium, and a 28-minute drive from where the new Panthers headquarters facility will be in Rock Hill, just off I-77. Its location has helped obscure what is perhaps the biggest digital publisher in America, a 4,500-employee juggernaut that says it has roughly $2 billion in annual revenues, a conservative valuation earlier this year of more than $11 billion, and more readers, as measured by Comscore, than any media brand youve ever heard of an average of 751 million visits a month. And to be working with the smartest people in so many different industries, what you've created, I'm honored to be a part of. It's thousands and thousands of decisions over many years. For more information on RV and Ric's work with Forward787 and other organizations, visit redventures.com. Regardless of what the media says, these are the greatest of times to be alive. We're incubating a bunch of brands, as you know, and we have lots of plans and ideas. This is not a hand down. Cofounder and CEO of Pinterest (Ben Silbermann). People working at the tourism guide Lonely Planet, the travel site The Points Guy and the health and medical information site Healthline were similarly blindsided in recent years, when Red Ventures bought up special interest publications in a multibillion-dollar shopping spree. The one I heard executives refer to most was Everything Is Written in Pencil, a motto that makes sense for a company that has changed almost entirely from its marketing origins to become a leading purveyor of service journalism. And it's amazing what happens when you're not suffering. 05:11 Elias: It doesn't matter. But these people are multi-millionaires. Brian Kelly: And so are we employing them, or is the goal for us to get them in with other companies? Okay, great.". Brian Kelly: And so it's been an amazing gift to get that second chance. I didn't want to die, but it wasn't scary, which in itself was clarifying. He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. WebSee Ric Elias's compensation, career history, education, & memberships. After the program, RV helps Forward787 graduates find business and technology roles at new or expanding high-growth companies. They wear their emotions on their sleeves. Comments are welcomed and encouraged. Ric Elias: Yeah. And you actually got on a plane that night. The Points Guy had built a profitable business earning commissions whenever people signed up for credit cards they had read about on the site often in rave reviews of high-end cards. Ric Elias: The Points Guy to me is at the forefront of the consumer brand in our portfolio. But an important element is we're a private company, we have no desire to go public, and that gives us a level of freedom to do things that other companies can't do. A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. Ric Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. And we made an announcement that we would train Puerto Ricans in Charlotte for 15 months, and we will send them back with real capital and some digital assets and start building a real digital economy there. And I don't know why do we lower ourselves to settle into what party are we from, what race are we from. Puerto Rico's been in a recession for over a decade. Ric Elias: But flying back from one of those trips, I realized that if I really wanted to help Puerto Rico, I needed to figure out a way to open up our platform and help talent return to Puerto Rico. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. He was taken elsewhere after the crash. I know at The Points Guy, we've had 787 cohorts, and the level of energy that they bring to the business is amazing. Nubank, under the name Nu Holdings, listed its shares on the New York Stock Exchange last week and has grown to reachover 35 million customers spanning Brazil, Mexico and Colombia. ", with a particular focus on financial content such as credit cards. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. You can feel it. Ric Elias: So on my way out, I said, "Listen, sir, I would like to send you some money. She had just heard the captain say: "Brace for impact." So you co-founded it in 2000. Anative of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. The company weathered the storm; by 2007 it was ranked fourth on theInc.500 list, and in 2015 the company was valuated at more than $1 billion. Brian Kelly: So you, as a successful Puerto Rican entrepreneur, you did a lot for the island. WebRic Elias is the co-founder and CEO of Red Ventures, a portfolio of digital companies headquartered in Charlotte, North Carolina. I said, "Captain," I introduce myself, and I said, "I just want to thank you for saving our lives." He is a friend and a mentor to me, and I guess technically -- actually not technically -- he is my boss. WebOn a cold afternoon in January 2009, Ric Elias was flying home to Charlotte, North Carolina, in seat 1D when he saw fear flood a flight attendant's eyes. And that moment to me was so pure. WebSee Ric Elias's compensation, career history, education, & memberships. So you were on that flight. It's very hard to get in. Elias has cultivated an award-winning company culture, ranking as a "Best Place to Work" in Charlotte, North Carolina, for ten years in a row. AAE is one of the premier celebrity booking agencies and top keynote speakers bureaus in the world. [7] That same year, it doubled the size of its headquarters[8] and bought postal services company Imagitas from Pitney Bowes. JPMorgan Chase Agrees To Acquire First Republic Banks Deposits After It Is Shut Down By Regulators, First Republic Bank Reportedly On Verge Of Collapse, Chief Justice John Roberts Wife Made Over $10 Million As Legal Consultant, Report Says, GOP Scores Early 2024 Win: N.C. Ruling Likely Hands Party More House Seats, Think It, Do It, Be It: The Magic Of Acting As If, Friday, April 28. And you know the feeling is mutual, and I'm just excited about the journey ahead. It's a long history there, but there's really very little local industry. You're not struggling, but you know it's over. North Equity bought Popular Science, Domino and Field & Stream, along with the mens site Mel. Before Maria, there were a lot of crypto startups, and I remember hearing about a lot of people were moving businesses. The Times story said the company has a conservative valuation of $11 billion, and Elias owns more than 20% of the company, putting his net worth over $2 billion. And I dont think we have anything to celebrate or tell.. I was really sad. In their letter, the couple describe the pledge as their starting point and say they plan to engage in efforts to address social issues in the areas that businesses cannot reach, including through discovering and supporting 100 innovators who are dedicated to building proactive solutions for social enterprises and foundations.. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). Ric Elias: Like, completely. Brian Kelly: So your idea to rebuild Puerto Rico is to invest in incentivize people to return to the island, and the 787 program is the vehicle to do that. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina. Tirades, Welcome to Charlotte, Things to do, Buying/Selling, and Charity are all weekly topics. At the center of the company is Ric Elias, the chief executive and co-founder. Ric dives deep into how that day impacted his life, greatly changed his perspective, and improved his relationship with his famil Theres quite a bit of good news in the rescue of old media brands by Red Ventures and similar companies CNET plans to hire 150 new employees this year, for instance. The former company was acquired by cloud computing company VMware in 2009 for $420 million. A 6-foot-5 native of Puerto Rico, he has quietly become one of the most powerful media moguls in the country, a Barry Diller of the South, heading a company roughly the size of Mr. Dillers IAC. Their company became one of the worlds most valuable startups in September when it raised $200 million in new funding at a valuation of $40 billion. Its about a 24-minute drive to Bank of America Stadium, and a 28-minute drive from where the new Panthers headquarters facility will be in Rock Hill, just off I-77. Charlotte-New York was your You had been doing that route for a long time, right? He arrived at Boston College, in 1986, a semester late because hed been trying to make a local professional basketball team, the Leones de Ponce, and speaking what he described as broken English. I think we can become a role model of what can happen in the future, make talent, stay in the island or retain to the island. So some of the other programs that we have, like the Golden Door Scholars, I think these are really amazing programs. WebSee Ric Elias's compensation, career history, education, & memberships. You work at Red Ventures. Along the way, they figured out how to integrate online marketing and old-fashioned telemarketing and they got very good at search engine optimization. Privacy Policy. Ric Elias A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. All rights reserved. A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. Red Ventures CEO Ric Elias says he's spent 20 years building a company that aims to help people make decisions about their homes, health, finances, travel and education. Ric Elias: It's neat. I don't have my wallet. Ric Elias: You know, a lot. The South Carolina campus of Red Ventures, a digital media company with 4,500 employees, some of whom live on site. In this episode, Elias shares more about Forward787, as well as several other of RV's social impact organizations like Golden Door Scholars, Road to Hire, and LifeSports. We got pulled into Pier 32, the bulk of us were there waiting. Other tricks were more ingenious. And this first responder is amazing. And I think because we're U.S. citizens, when you're born there, it's really easy to get on a plane, and many people have family here or in Orlando or in other places, so it becomes a much easier immigration story than it will be in other countries where it's not as easy. Peter Attia is a physician focusing on the applied science of longevity. He joined Talking Points to share how this near-death experience has shaped how he runs his business, his role as a father, and his life philosophy. The marketing of financial products promises far higher profit margins than the online affiliate businesses that underlie websites like The New York Timess Wirecutter. They spent the next few years digging out and repaying their investors, among them their more successful Harvard Business School classmates. That has helped push the pendulum back toward the old-fashioned idea of connecting with readers seeking information relevant to their lives, whether its a Field & Stream article on the latest fly rods or a Healthline guide to Crohns disease treatments. All rights reserved. Theres an, "This is how I would judge my life'Did I earn my gift? And if I get on this flight, and it goes down, and I survive again then Oprah Winfrey's got nothing on me.". Its also about a 26-minute drive from the old Eastland mall site, where Tepper plans to build an MLS headquarters. Red Ventures CEO Ric Elias says he's spent 20 years building a company that aims to help people make decisions about their homes, health, finances, travel and education. What exactly do they do?" Open Translation Project. And so you have 90 seconds. Related Tags: Information on keynote speaking engagements, personal appearances, corporate entertainment and appearance fees for Ric Elias, an inspirational motivational speaker. Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. If people listening know people who are interested, is there a way to apply? In those minutes of fate, the number one thing you're just thinking about is your family? So companies stopped investing in infrastructure and jobs left. Ric Elias: But I tell you, there were lots of great stories of just amazing people in New York City just giving everything. Update: A previous version of this article incorrectly stated that there were 16 new members of The Giving Pledge in 2020. Their Googling and mandatory corporate retreats led them to the companys South Carolina headquarters, a 180-acre campus with a cluster of modern buildings, a fire pit, a six-lane bowling alley, spin room, pickle ball courts and 264 residences for employees who choose to live where they work. Brian Kelly: You have lived across the country. It's cold as can be. I was in a great seat because I can see the flight attendants. And I heard Danny once said about culture that it's like a shark. He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. | Learn more about Ric Elias's work experience, education, connections & more by visiting their profile on LinkedIn Founder, Chairman and CEO of BDT & Co. (Byron Trott), Byron Trott launched the Chicago-based advisory and private equity firm BDT & Co. in 2009 following a long career at Goldman Sachs, where he worked his way up from stockbroker to vice chairman. He said hed told a surprised agent he wanted the next flight out. [6], In 2015, the company got a $250 million investment from Silver Lake. In 2018, Elias launched Forward787, a social enterprise committed to raising and deploying $100 million to build businesses in Puerto Rico that compete with the world's top companies.
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