Call us to speak with a booking agent to discuss your event or specific speaker request. And I think that passion is what we're trying to ignite, and going back home will be the beginning of a long journey back. What would you say to someone like me who wants to do both things? 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. Brian Kelly: And this year I know we've acquired two big brands, Healthline and HigherEducation.com. There's the integration, the harmony. Mr. Elias and Mr. Feldstein sold the business to management in 2005 and started again under the name Red Ventures, becoming pioneers in that eras efforts to link digital data and real world commerce. Vlezswife, Mariel Reyes, is the cofounder and CEO of Reprograma, a Brazil-based startup that helps marginalized women with computer programming and job placement. So thank you for joining Talking Points Podcast today. So some of the other programs that we have, like the Golden Door Scholars, I think these are really amazing programs. You now own brands like The Points Guy and Bankrate and Healthline. Ric, thank you so much for joining us today. But you've been incredibly generous." ", with a particular focus on financial content such as credit cards. So here's a guy, has nothing left Ric Elias: and basically probably his last of his savings, and he gave it to other people. She thought I was dead. Other tricks were more ingenious. A lot of people ask me, a lot of our employees, "So how do you think about work/life balance?" He cofounded Red Ventures So we wiped him out. Comments containing language or concepts that could be deemed offensive will be deleted. Having been a passenger on the Miracle on the Hudson plane in 2009, Red Ventures CEO Ric Elias is famously familiar with crashes. There's a startup community there. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). WebRic Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. And he said something to me that I say to myself all the time when someone thanks me for something. Ric Elias: I flew in right after, and seeing Puerto Rico naked was something that I will never forget. 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. And over time, the bet is that we will have a data repository that will give us a competitive advantage giving consumers what they want in our own network. At the center of the company is Ric Elias, the chief executive and co-founder. I wouldn't be surprised if we have 50 brands. And there's more to come there, too. He and his wife, Brenda, are passionate about economic mobility for underserved young adults. Let's get to know you. The retired president of Abbott Laboratories, where he served as president and COO until 1989, Jack Schuler is a prolific healthcare investor, with stakes in at least 10 publicly traded and privately owned biotech companies. It's very hard to get in. We built 42 homes for working families that were not going to get their homes replaced, and it was really neat to do that. I think Puerto Rico Brian Kelly: There's a tech hub too in San Juan, right? So we have this very long clock, and what is unique about that is that it allows us to behave differently. We'll leave it there. There was smoke in the cabin. The son of a Swiss immigrant, Schuler has also focused heavily on giving back, including through the Schuler Scholar Program, which he cofounded in 2001 to help underrepresented students succeed in high school and apply to college. 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. For instance, they purchased more than a million toll-free phone numbers, and each visitor to their marketing website was shown a different one. | Learn more about Ric Elias's work experience, education, connections & more by visiting their profile on LinkedIn You may opt-out by. So on that plane ride I said, "You know what? The marketing of financial products promises far higher profit margins than the online affiliate businesses that underlie websites like The New York Timess Wirecutter. I know there've been a lot of lifetimes, but how do you explain today what Red Ventures does? Plus, your own feed of TPG content. I don't have my wallet. Native of Puerto Rico, graduate of Boston College and Harvard Business School. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina. WebRic Elias (on stairs). So it's all pay it forward. 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. Launched in 2010, the company has grown to encompass tens of millions of users, with its app installed in 90% of the countrys smartphones. Copyright 2023 All American Speakers Bureau. 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." Ric Elias: And the first thing they hear. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Check out this post to see an example of what the substantial show notes look like. Please remember to subscribe to Talking Points, rate the show, and share with your friends. WebRic Elias is the co-founder and CEO of Red Ventures, a portfolio of digital companies headquartered in Charlotte, North Carolina. I bet you five years from now we have Really, I love the romantic notion that we unite through travel. It's been almost 20 years. Have we taken everyone? Brian Kelly: Were you trying were people trying to use their cell phones? Brian Kelly: Just the beginning, I can vouch for that. She sat down at her kitchen table in Berkeley, Calif., and frantically started Googling to find out what it was. So you were on that flight. document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); This field is for validation purposes and should be left unchanged. Red Ventures, as is, will never be a public company as long as Im running it.. As a subscriber, you have 10 gift articles to give each month. Red Ventures headquarters in Indian Land, South Carolina, "Red Ventures adding jobs as it integrates ViacomCBS' CNET Media Group", "Why This $2 Billion Business Swears By the 'Pencil Rule', "Red Ventures CEO: We're going to keep growing", "Ric Elias and Dan Feldstein, Red Ventures", "ViacomCBS sells CNET Media for less than half what CBS paid in 2008", "Silver Lake Makes Big Bet on Red Ventures, a Digital Marketing Company", "Red Ventures breaks ground on project to double size of its headquarters", "Red Ventures buying company with important postal contract", "Personal Finance Website Bankrate to be Acquired by Marketing Firm Red Ventures", "Bankrate website to be bought by Red Ventures for $1.24bn", "ViacomCBS to Sell CNET to Red Ventures for $500 Million", "Red Ventures gobbles up another familiar brand name. J2 Media, a public company, scooped up the old publisher Ziff Davis with its online brands Mashable and IGN. Ric Elias: Probably never has been more true that you can die of indigestion as well of starvation. It was super cold, and there's a guy that had a concession stand, and he opened it up and said, "Take whatever you want," to everybody. 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. They spent the next few years digging out and repaying their investors, among them their more successful Harvard Business School classmates. Red Ventures, for instance, plans to steer readers of Healthline to doctors or drugs found on another site it recently acquired, HealthGrades, which rates and refers doctors. He is the largest shareholder in Red Ventures, with more than 20 percent of the company, and so a billionaire on paper though he hasnt done the self-promotion required to get on the Forbes list. I didn't even know Bankrate was for sale, and one day, I get a call saying, "Hey, Brian. 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. Spanish is a lot easier. Anative of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GEs Financial Management program. I said, "Captain," I introduce myself, and I said, "I just want to thank you for saving our lives." 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. So they don't have to get a loan. Ric Elias: They're so passionate about the island, and they're super smart. It's January 15th in New York City. For sites like Wirecutter, internet commerce often means, in practice, serving as an Amazon storefront, with revenue trickling in from modest commissions. 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. 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. Ric Elias: You know, I tracked him down. 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 need you to talk to Ric Elias, the CEO of Red Ventures.". We unite through discovery. You're not struggling, but you know it's over. 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. 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. Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. https://en.wikipedia.org/wiki/Gimli_Glider#In_popular_culture, I like this interesting post, and humans longevity can be indefinitely extended being discovered by Allen Omton and Serge Dobrow. Related Tags: Information on keynote speaking engagements, personal appearances, corporate entertainment and appearance fees for Ric Elias, an inspirational motivational speaker. 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. Ric Elias: You know, a lot. Brian Kelly: What's the biggest thing you've learned by acquiring The Points Guy? 3 things I learned while my plane crashed. 05:11 Elias: It doesn't matter. He cofounded Red Ventures Brian Kelly: That's it for this episode of Talking Points. I have two amazing teenagers that I love to tears. And I said, "There's no such thing. He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. Most employees dont receive equity in the company, and lunch isnt free, just subsidized. Brian Kelly: So I sold The Points Guy in 2012 to Bankrate, which was a publicly-traded company. They wear their emotions on their sleeves. But this is just the beginning. And I've had the greatest run in my marriage, any marriages ever have. His new full-time job involves a longtime passion of his: promoting the conservation of wild cats, which he does in part through his work with Panthera, a nonprofit group he chairs. The talk of planes prompted me to ask Mr. Elias how he got back to the Carolinas after the Hudson River landing. The company weathered the storm; by 2007 it was ranked fourth on the Inc. 500 list, and in 2015 the company was valuated at more than $1 billion. And the great thing about our culture is a movement takes a follower. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Having been a passenger on the Miracle on the Hudson plane in 2009, Red Ventures CEO Ric Elias is famously familiar with crashes. 05:11 Elias: It doesn't matter. He also sits on the board of Amsterdams arts and history museum Rijksmuseum. 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. Ric Elias is CEO/Co-Founder at Red Ventures. 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. All the trees were gone, and you could see things that you could never see before. Charlotte isn't that largewhere is all of that money coming from? We only accept comment from posters who identify themselves. Our belief is that people stay in a company if they're growing, and when they stop growing is when they leave. You work at Red Ventures. And I call and say, "Hey, honey. And he started transforming Red Ventures, then a middleweight marketing company, into the kind of business where he would want to spend his career. Comments are welcomed and encouraged. 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. This years cohort of signatories features individuals and couples spanning eight countriesfrom the U.S. to India to Australia. He is a friend and a mentor to me, and I guess technically -- actually not technically -- he is my boss. 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. John Logger. 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. Tune in weekly and tell your friends -- we love our listeners. Peter Attia is a physician focusing on the applied science of longevity. And the key, I think, for leadership is to make sure that the culture is swimming in kind of the right direction. 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." He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. I actually moved to the U.S. to come to college and fell in love with this country, so I love two countries now. The "787" is a play on one of the telephone area codes used in Puerto Rico. Brian Kelly: Yeah, three governors in a couple week period. We turned around immediately. Ric Elias: So the first phase is they're going to move back with some of our smaller digital assets that they will run out of there, and then we're going to look at opportunities to start from there, including some stuff in tourism. Eliass 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. 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. Regardless of what the media says, these are the greatest of times to be alive. Criticism and skepticism can be far more useful than praise and unflinching belief. After a brief stint as Koreas richest person, Kim was knocked from the post in September when it was revealed Kakao was being probed by South Koreas antitrust regulator. Native of Puerto Rico, graduate of Boston College and Harvard Business School. So our responsibility is to make people uncomfortable by keep putting opportunities in front of them. Privacy Policy. He was on US Airways Flight 1549 that went into the Hudson, so we're going to hear all about that. Ric Elias: In 1D and as soon as Sully said, "Brace for impact," it was terror in their eyes, so I knew it was over. Its also about a 26-minute drive from the old Eastland mall site, where Tepper plans to build an MLS headquarters. He built up a fortune of at least $800 million from his time at IDEXX Laboratories. 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. How do you Did you go to work the next day? And what we've learned is that if you create value for your consumers, you can build a great business, and that's, I think, the epitome of what The Points Guy is. Among BDTs first investments was grill-maker Weber, which went public in August 2021 at a $5 billion valuation. 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]. 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. 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. 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. Drive out of Facebook right now, and on the sign, you see Sun Microsystems. On this episode, you'll hear work-life balance advice, you'll be inspired to support a cause you're most passionate about and you'll learn a bit more about TPG's place in the Red Ventures ecosystem.
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