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Posts Tagged ‘Sergey Brin’

The How And Why Behind This Year’s Fortune “40 Under 40″ List

Tonight marks the celebration of Fortune magazine’s annual “40 Under 40” issue, which appeared on newsstands yesterday. In anticipation of the event, Leigh Gallagher, Fortune‘s assistant managing editor, gave us a little insight into what, exactly, goes into the making of such a list…

How did the team at Fortune decide who made the list?

It’s a really fun and exciting process because each year new people emerge — and obviously many people turn 40 and become ineligible, so the list has a natural churn. People always ask me what it “takes” to get on the list. It’s a combination of size, scope and relevance of the business a person runs; his or her power, influence and reputation both in his or her industry and beyond; and his or her potential as a future leader.

Was there any attempt to balance well-known names with lesser-known entrepreneurs and business people? Women with men?

We always want a list that’s reflective of the broader business landscape in general, but inevitably we end up with a heavy representation from the tech sector simply because that happens to be where a lot of young ambitious people have been heading in recent years. One of the most interesting aspects of this list is the sense of discovery it offers across all industries.

The issue of women on this list is a tough one. Every year we shake the trees really hard to make sure we’re not missing anyone obvious, but every year there are far fewer women than men. I’ve talked to a lot of people about why this might be the case. Much of it has to do with the fact that women who want to have families tend to leave the workforce temporarily precisely around the time they’d appear on this list. If you look at the list of powerful women in their 40s in business there are many more of them and Fortune highlighted many women in the business world during the Most Powerful Women Summit in DC earlier this month.

Big names in tech seem to dominate the top of the list. Was this intentional, or just a sign of the times?

It’s not intentional in the least. But when you look at what Sergey Brin and Larry Page have done it’s hard to put them anywhere except the top five. And few can argue with the power, size, scope and influence of Facebook right now. But if you look at someone like Raul Vazquez — he controls a third of Wal-mart’s $258 billion U.S business — he belongs right where he is on this list, at number four. I’d love for us to have a year in which the top five are brand new names. That would mean we’d have found the five best stories in business.

Why should Fortune readers pay close attention to this list? What does it have to tell us about the future of media?

This list is important for several reasons. One, it shows us that in the face of these incredibly challenged economic times, there are still amazing growth stories out there, and that the entrepreneurial and innovative spirit that drives business is still very much alive and thriving. Two, it identifies leaders of tomorrow. In only the second year of its current iteration, the list is too young for us to identify how many future big-company CEOs we’ve spotted, but it’s worth keeping tabs on these people. Third, it’s just really entertaining reading. But I’m biased.

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AdWeek Celebrates The Best Of The Aughts

wired222.jpgWe’re only a couple of weeks away from 2010, and that means it’s time for every publication still in existence to start doing a “Best Of The Decade” list like its VH1′s entire programming line-up.

Lists are great because they are fun, subjective, and get people talking. We’ve seen Time magazine take that idea to heart in its recent issue, and today AdWeek has rolled out a slew of decade-spanning “Best Of” lists that are sure to get some media executives primping their feathers…and others grinding their teeth.

As the editors said in their foreword, the winners this year “weren’t all 21-year-old whiz kids,” which is a relief from what we heard a decade ago when talking about Internet branding and marketing. The Media Company of the Decade award was a no-brainer; the title went to Google for its “game-changing, pay-per-click ad model” which “helped pull the left-for-dead online advertising business out of the post-Web 1.0 recession.” Google founders Larry Page and Sergey Brin of Google also won the Web Entrepreneurs of the Year award.

More of Adweek‘s “Bests” after the jump

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Media Moguls Make Their Mark On Fortune‘s “40 Under 40″ List

jmurdoch.jpgFortune magazine has revealed its “40 Under 40″ list — a compilation of the youngest and the brightest minds in the business world. And we were pleased to see a number of media executives making the cut and ranking near the top. Our industry could use all the young blood and new ideas it can get right now.

Topping the list are Google’s Sergey Brin and Larry Page — tied for first. Facebook’s Mark Zuckerberg is number two.

And coming in at number three is the first media mogul, News Corp. heir James Murdoch (above). Rupert Murdoch’s youngest son, James currently serves as chairman and CEO for News Corp.’s operations in Europe and Asia. Fun fact: he raised his desk so he can work standing up. So the key to rising to the top of an international media conglomerate by age 36 is never sitting down. We bet being the son of a media czar helps, too.

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Gates, Buffet Speak, and the Moguls Listen

SV200815.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

On the closing day of the Sun Valley Media Conference, Bill Gates and Warren Buffett held court with individual speeches about — what else — money.

Gates spoke about collecting it for his Gates Foundation, while Buffett discussed how it could be spent to help the country, according to people who listened.

GatesBuffet_7.13.jpg“Bill said amazing things,” said James Robinson III, former chairman of American Express. “He had all sorts of things to say about raising money for such things as medicine and diseases. He was very engaging and interesting, as he is every year.”

About 200 of those left at the conference attended the speeches, which had a ridiculously inordinate amount of security, with every entrance and exit to the speakers’ hall watched by four guards. Mediabistro, which was kept out by at least three different guards at entrances, thinks that’s what billionaire-type money brings.

But a few who stuck around to listen to billionaire mentality included William Morris Agency’s Jim Wiatt, Yahoo!’s Sue Decker, ICM’s Chris Silbermann, Page1Media’s Isaac Lee, Google’s Sergey Brin and Larry Page, Starr & Co.’s Ken Starr, News Corp.’s Rupert Murdoch, Time Warner’s Richard Parsons, media chef Rachael Ray, Scripps Co.’s Ken Lowe, former Disney chair Michael Eisner, New York Times columnist Thomas Friedman and CNN’s Anderson Cooper.

Though almost half the invitees departed on Friday night, some stuck around to celebrate host Herb Allen with a special dinner last night. And, as every year, a special outdoors ice show (in the middle of summer!!!) took place behind the Sun Valley Lodge.

Friday night, Murdoch and Parsons were secluded at a table in the Sun Valley Lodge bar, discussing either some pending deal or the mixed drinks they wanted to order.

Parsons, who stepped down as Time Warner chair a few months ago, earlier told a reporter he was happy to be an observer at the conference this year rather than a corporate participant.

The King Speaks and Jerry Yang Shows Up

SV200814.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

As Herb Allen‘s Sun Valley retreat started to wind down Friday afternoon, some key executives were already boarding their Lear Jets and scooting home, missing out on speeches from the two RICHEST men in the world. They will all miss former Microsoft chair Bill Gates and Berkshire Hathaway’s Warren Buffett tomorrow. Mediabistro will stick around in Sun Valley in beautiful weather (82 degrees and sunny) to gather up whatever crumbs can be taken from the rich men talks.

A presentation by Jordan’s King Abdullah II was well received by a few hundred conference-goers, but nobody wanted to talk about what the Jordanian said. Maybe they were concerned about their oil stocks. Security wasn’t especially heavy for the King, but the feeling on Herb Allen campus was that if any disruptions were started, the crack NYPD-filled security staff would take them down.

Yang_7.11.jpgYahoo! CEO Jerry Yang showed up in Sun Valley just in time to get an earful of complaining in the media about the earthworm status of the Yahoo!/Microsoft merger talks. He did meet quietly with the Google boys, co-founders Sergey Brin and Larry Page as well as CEO Eric Schmidt, but that was presumably made to discuss the display advertising deal that the two companies cut a few weeks back.

Meanwhile, Yahoo! President Sue Decker practically threw her arms up and gave in to media queries about what’s going to happen.

“Forget tomorrow, but in six months where will you be and where will Yahoo! be?” asked one intrepid journo.

“I have no idea,” Decker moaned.

Google’s Eric Schmidt: “We Took the Position That the World is Better Off With An Independent Yahoo!”

SV200810.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

Google co-founders Larry Page and Sergey Brin and CEO Eric Schmidt stunned the hardened journalist crowd at the Sun Valley Media Conference with an unscheduled 75-minute press conference at which they discussed everything — Google, Microsoft, Yahoo! — and their brethren.

A news conference is unusual for the Sun Valley confab because they don’t often cater to journalists and especially not through lengthy pressers.

BrinPage_7.10.jpg

So what started as a short sit-down with Schmidt turned into a fascinating ride into the minds of the Google executives. And it may be the only time this week, the journos will be faced with deadlines and a hefty pile of interview info to sift through.

The Google trio were relaxed and somewhat light-hearted about the discussion, but they’re ultra-serious about how they handle business.

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Terry Semel Inspired As He Chats Up His Former Yahoo! Colleagues

SV20088.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

In the Sun Valley Lodge bar last night, where all the good deals are made, an informal pow-wow of sorts for Yahoo! executives and their new partners Google Inc. was underway with Google co-founder Larry Page, Yahoo! President Sue Decker and even former Yahoo! co-chair Terry Semel all having a drink. Semel would later tell a couple of inquiring reporters that the conversation at the table was inspiring.

Semel_7.10.jpgElsewhere in the bar, former Miramax founder Harvey Weinstein ambled in, but refused to say anything to reporters. “I’m not talking to anyone up here,” he said before joining Wendi Deng‘s table.

Amazon’s Jeff Bezos, Gamco Investors Mario Gabelli, NBA commissioner David Stern, ICM’s Chris Silbermann and Page 1 Media’s Isaac Lee were spotted.

Earlier Google. co-founder Sergey Brin lauded the search engine deal they have with Yahoo, saying Yahoo was a “good company with good people,” but he deferred all other questions to Yahoo! chairman Jerry Yang, who is due into Sun Valley today.

Brin was also approached by Sony Corp.’s Katsumi Ihara who wanted to discuss TVs, but Ihara was thrown for a loop when he was told the screen Brin usually used was a Toshiba.

Also, the mystery continues. Just who is Ken Starr? The journos in Sun Valley were all convinced it was the former prosecutor who had a Jones about Bill Clinton. When confronted, this Starr denied any connection to that Starr, who is currently Dean of Pepperdine Law School. But he refused to disclose who or what Starr & Co. actually does.

Demetri Martin’s Daily Show YouTube Report Pulled From YouTube

demitri_martin_youtube.jpg

Considering Martin’s report included a line about Google founders Larry Page and Sergey Brin googling each other “not in a gay way, or, I don’t know, maybe,” we’re surprised it even made it this far.

[NOTE: See the clip here.]

EARLIER:

  • Daily Show Addresses Viacom-YouTube Suit
  • Google ‘Chariman’ Business Card

    google_scmidt_biz_card.jpg

    A reworked scene from 2000′s American Psycho:

    Patrick Bateman: New card. What do you think? Picked them up from the printer’s yesterday.

    Sergey Brin: Good coloring.

    Bateman: That’s Bone. And the lettering is something called Silian Rail.

    Brin: It’s very cool, Bateman, but that’s nothing. Look at this.

    Bateman: That is really nice.

    Brin: Eggshell with Romalian type. What do you think?

    Bateman: Nice.

    Larry Page: Jesus. That is really super. How’da nitwit like you get so tasteful?

    Bateman: I can’t believe that Larry prefers Sergey Brin‘s card to mine.

    Page: But wait. You ain’t seen nothin’ yet. Raised lettering, pale nimbus … white.

    Bateman: Impressive. Very nice. Let’s see Eric Schmidt‘s card.

    [card thrown on table]

    Bateman: Look at that subtle off-white coloring. The tasteful thickness of it. Oh, my God. It even has a watermark … Wait a minute. Is “chairman” mispelled? Jesus.

  • Google’s troubling typo [The Browser]