Ric Elias Ric Elias: And I realized that it doesn't matter. All rights reserved. The South Carolina campus of Red Ventures, a digital media company with 4,500 employees, some of whom live on site. He was minted a billionaire earlier this year thanks to the performance of his investments, including his largest holding, Quidel Corp., which was one of the earliest companies to receive FDA approval for Covid-19 tests. So integrating all of it for me was very clarifying. Our belief is that people stay in a company if they're growing, and when they stop growing is when they leave. So it was the ultimate gift, Brian, to basically have 90 seconds to say goodbye to your life with 100% certainty that you're going to die. He was taken elsewhere after the crash. 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. Things Ric Elias Does Differently Now Talking about skillsets, Captain Chesley Sullenberger and the Gimli Glider piloted by Captain Robert Pearson, similiar but different landings. He and his wife Patti Bao, who he also met at Stanford, now want to pay it back. Let's get to know you. And then we'll have a class for college graduates in late summer. A lot of people go through near-death experiences, but they lose that urgency, and that's been my purpose, (to) find all sorts of ways to remind me that this is bonus time, and I have to make the most out of it. And I know we're super excited about some of this stuff that you've got coming out on your app and all these things. He is devoted to using his platform to "leave the woodpile higher than he found it" -- spinning out multiple nonprofits from Red Ventures over the years, all of which are aimed at creating educational opportunity and economic mobility for under-served groups. They think it's all this thing. Anonymous comments will be deleted. Native of Puerto Rico, graduate of Boston College and Harvard Business School. Its also about a 26-minute drive from the old Eastland mall site, where Tepper plans to build an MLS headquarters. You can feel it. Ric Elias Ted Talks A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. Ric Elias I had a brand new cell phone, and I could not get connection. It was a great place. Brian Kelly: Just the beginning, I can vouch for that. WebRic Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. And you know what he said to me, Brian? With previous philanthropy including more than $365 million in donations to St. Jude Childrens Research Hospital (both through personal donations and fundraising), Isaacson and his wife, Monica, say they feel an obligation to make the world a better place than we found it., Kim Bongjin founded Woowa Brothers Corp., which operates South Koreas largest food delivery service, known as Baemin. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. WebSee Ric Elias's compensation, career history, education, & memberships. I could order a beer and not get lost in a taxi, but that was about it. Its a step away from the traditional advertising business toward directly selling you stuff. In 2015, Red Ventures raised $250 million, which went toward its $1.4 billion purchase of Bankrate, a personal finance company that helps people comparison shop for financial products (and earns a commission on each sale). 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. All rights reserved. TED Conferences, LLC. The first cohort of 35 is going back this December. Other tricks were more ingenious. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. Brian Kelly: That's great. Ric Elias: I know you had Danny Meyer here recently, and I'm friends with Danny. Journalists, like members of a medieval guild (the guild hall is Twitter), tend to be more connected to the folkways of their profession than to any corporate culture, and some roll their eyes at Red Ventures rah-rah retreats, which feature fireworks and song. While a publisher recommending a gadget on Amazon might earn a single-digit percentage of a shoppers purchase, the bounties paid to Red Ventures for directing a consumer to a Chase Visa Sapphire Reserve credit card or an American Express Rose Gold card can range from $300 to $900 per card. I cover the world's richest people for Forbes. Cofounder and CEO of Pinterest (Ben Silbermann). So I learned enough to be dangerous. She sat down at her kitchen table in Berkeley, Calif., and frantically started Googling to find out what it was. Please Note: All American Speakers Bureau is a full-service talent booking agency providing information on booking Ric Elias for speaking engagements, personal appearances and corporate events. In those minutes of fate, the number one thing you're just thinking about is your family? bio for Ric Elias agency, manager, speaker fees, speaking agency entertainment booking agency, speaker's fee, how to book, booking agencies for lectures, speaking event, celebrity appearances for hire, who is agent, manager, publicist, who represents, speakers bureau management who represents Ric Elias. Learn more about the Peter Attia is a physician focusing on the applied science of longevity. Comments including unnecessary profanity will be deleted. Safe travels, Ric. The doors and windows added $1.2 million to the houses price tag, according to the lawsuit, more than four times the cost of an average home in Charlotte. It's very hard to get in. What was it like to meet Sully? 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. And we helped a lot of brands kind of become digitized in their acquisition. Brian Kelly: All right. Red Ventures CEO signs pledge to Ric Elias Ted Talks A native of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. Ric Elias: Yeah, for sure. Red Ventures is all about profit maximization, said JT Genter, who left the site more than a year ago. Red Ventures She had just heard the captain say: "Brace for impact." Ric Elias Non-lame, weekly emails on thelatest strategies and tacticsfor increasing your lifespan, healthspan, and well-being (plus new podcast announcements). And it's fun to see. 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. It's about 70% females and all minorities and all studying really valuable fields for the future of our country. Ric Elias is the CEO and cofounder of Red Ventures, a portfolio of fast-growing digital businesses. And I've had the greatest run in my marriage, any marriages ever have. She had just heard the captain say: "Brace for impact." You work at Red Ventures. I was given the gift, and that gift is a responsibility. Brian Kelly: Likewise. Brian Kelly: And so it's been an amazing gift to get that second chance. I was in the first row. And it's amazing what happens when you're not suffering. They said their involvement with The Giving Pledge may be the most important work that we will do together and if done right, should certainly be the most rewarding., Vlez is the cofounder and CEO of Sao-Paulo based digital banking giant Nubank. Brian Kelly: And an amazing wife Brenda, who Ric Elias: But it took a while for me to realize that that was my job in this world first and foremost. I've been to a couple of their multi million dollar homes and it is rather surreal. And many thanks to our guest, Ric Elias, co-founder and CEO of Red Ventures. Ric Elias: They're so passionate about the island, and they're super smart. I didn't even know Bankrate was for sale, and one day, I get a call saying, "Hey, Brian. WebRed Ventures was formed on September 29, 1999, in Fort Mill, South Carolina by Ric Elias and Dan Feldstein. Are they old bankers? New comments cannot be posted and votes cannot be cast. You can see Manhattan, right Brian Kelly: So you're in the front, yeah. They wear their emotions on their sleeves. Please view our advertising policy page for more information. We built 42 homes for working families that were not going to get their homes replaced, and it was really neat to do that. David Velez, the founder and chief executive officer of Nubank, a digital bank based in Sao Paulo, [+] Brazil. Sports stars? Kim and Sul, who have three children, became Giving Pledge signatories in early 2021 with the belief that this pledge is the greatest inheritance that we could provide for our children., Founder and chairman of Kakao (Kim Beom-su), Kim Beom-su is the founder and chairman of Kakao, South Koreas biggest messaging app. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). And the key, I think, for leadership is to make sure that the culture is swimming in kind of the right direction. 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. Brian Kelly: Welcome to Talking Points. Some of them don't even go to private schools. Brian Kelly: Did you really go from the Hudson back to LaGuardia? Elias, a Puerto Rico native, explains on the podcast how after visiting his home for a "Rebuild Puerto Rico" campaign during the aftermath of Hurricane Maria he realized he wanted to devote energy towards initiatives and programs that will bring talent and resources back to the island. Red Ventures is based just over the border in Indian Land, South Carolina. Brian Kelly: I mean, I think part of our culture is giving back; we say, "Leaving the woodpile higher than we found it." 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. Ric dives deep into how that day impacted his life, greatly changed his perspective, and improved his relationship with his famil Anative of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. For more information, please see our Red Ventures, as is, will never be a public company as long as Im running it.. Ric Elias Ric Elias Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. If I'm honest with myself, this is the time." 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. So thank you for joining Talking Points Podcast today. Your podcasts are top shelf !! 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. I think one of the most interesting things is the program 787 that you started at Red Ventures as a way to rebuild the island in a long-term form. [1:39:15]; and. Criticism and skepticism can be far more useful than praise and unflinching belief. In 2009, Elias survived Flight 1549, the "Miracle on the Hudson, which led to his viral TED Talk, "3 Things I Learned While My Plane Crashed." Please be respectful toward other contributors. Comments that harass other posters will be deleted. There were 4 million Puerto Ricans, and now, the island has about 3.1, 3.2, so Brian Kelly: And is that after Because I know even after Maria there was an even bigger rush out. Ric Elias: Like, completely. Before its 2020 acquisitions, the company has grown into an international presence with more than 100 brands, 3,000 employees, and operations in the United Kingdom and Brazil. Elias, a Puerto Rico native, has also started several nonprofits, including Road to Hire, Golden Door Scholars and Forward787, a social enterprise in Puerto Rico. She thought I was dead. 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. This is a BETA experience. Ric Elias: I did. 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." 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. Some of them don't even go to private schools. I didn't know his name at the time. So some of the other programs that we have, like the Golden Door Scholars, I think these are really amazing programs. [7] That same year, it doubled the size of its headquarters[8] and bought postal services company Imagitas from Pitney Bowes. There was smoke in the cabin. Ric Elias We need you to talk to Ric Elias, the CEO of Red Ventures.". Vaccinated employees have lunch in a dining area on Red Ventures 180-acre campus. Comments containing language or concepts that could be deemed offensive will be deleted. [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. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). And to do that, we need really smart people. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina.
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