A Los Angeles Social Diary
The Daily Truffle LA

Social Media Week — Sept 22 – 26

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Microsoft is powering this years Social Media Week in LA, and will host panels throughout the week. Want to know which LA-based companies have been the most creative — and the most successful while doing it? Tumblr will host a storytelling panel, Postmates will discuss building local markets, Thillist’s Adam Rich will discuss commerce and community, Microsoft and DreamWorks will discuss how they are using big data, The Hollywood Reporter‘s VP of Digital Content will explain why viral is a result and not a strategy. And … if you want to hear how easy access to capital is disrupting traditional finance, — well, there’s a panel for that too.

Billionaires by Colleges

According to Wealth-X and UBS’s “Billionaire Census,” Penn, Harvard and Yale narrowly beat out USC for billionaire alumni. The list then goes back to Ivy Leagues and Ivy-like League schools and tech schools like MIT, with a couple non-US schools making the grade as well. #sidenote: 286 of the billionaires from the Wealth-X report are women ;-)

top school billionaires 2

 

The Guy Who Built the $85M Spec House in Beverly Hills, Also Bought the ‘Wells Fargo Party Pad’ in Malibu

A theater, a wine room, a $200,000 candy bar and pre-stocked Dom Perignon …. all perks in this new $85M home was built on spec by Bruce Makowsky who is the same guy who wound up buying the Malibu Colony home in 2010 where a mortgage officer from Wells Fargo has been squatting after it was seized by the bank from Bernie Madoff victims who could no longer pay their mortgage.

WME’s Newly Acquired IMG (Who Produces NYFW) Wants to Plan an LA Strategy

“We just want to approach it in a different way — not with a traditional fashion week. LA is a market we want to expand into. We’d love to do something consumer-facing there — kick off awards season with a show of cocktail clothes and gowns and invite stylists, celebrities, editors and bloggers.” — Catherine Bennett, Senior VP at IMG Fashion, which produces New York Fashion Week. IMG was acquired by WME for $2.3 billion in January. [THR]

How Young Tech Millionaires Invest

mike zhang young millionaire

Spoiler alert: It’s our friends over at Bel Air Investment Advisors. Mike Zhang 23, became a millionaire recently after he sold an online company he started at the age of 14. Bel Air, which primarily manages money for very wealthy individuals, has been getting a number of new clients like Zhang lately: young, newly-made tech millionaires. Bel Air’s younger clients are putting a sizable chunk in hedge funds, master limited partnerships and real estate as well as safer, income generating assets like bonds. The entrepreneurs also like to keep between 10% and 15% of their assets free to invest in their own ventures or other start-ups. [CNN Money]

INTEL #trending

Larry Ellison retires from Oracle

Opening Ceremony asked Jonah Hill and Spike Jonze to write a celeb-cast play for  #NYFW instead of a tradish show

Jennifer Lawrence (truffle hero) will Co-Chair the 2015 Met Gala [THR]

Startup ‘Alfred,’ Selling A Butler for $99/Month, Wins TechCrunch Disrupt

New Toy: Our Very Own Drone

We just got our very own drone from Phantom. Unlike our old drone that was really a remote control helicopter, it locks onto seven satellites to hold it’s place so we don’t have to be #experts to fly the thing. It will always return to it’s previous most upright and stable location no matter how engrossed with are filtering the photos of it. Hashtag, drone. #HDR filter. It is currently hovering over the deck in Malibu and acts as a watch-dog for passers-by as it comes with an attachment video camera that streams to your phone. I can see everything.  

Stanford’s Free Online Startup Class is Back — 9/23 to 12/4

After Peter Thiel’s infamous CS183 class on startups, Stanford has planned a follow up course this fall; CS183B. The 20-session course will be taught at Stanford and feature tons of major names lecturing on how to raise money, company culture, operations and management, business strategy, sales and marketing. but all videos, reading materials, and assignments will be posted online on Sam Altman’s website,

LA Hot List

NOW OPEN:


  • Butchers & Barbers (Houston Brother)
  • Bobby London downtown (Josh Richman, Hartwell)
  • Mastro’s Ocean Club
  • Madame Siam (Houston brothers)

COMING SOON:


RECENTLY CLOSED:

  • Kate Mantalini (May 2014)
  • Hamburger Hamlet on Sunset
  • Enoteca Drago (Canon Drive)

 

SEE ALL >>

 

How Many Millennials Made Vanity Fair’s ‘New Establishment’ List?

vanity-fair-new-establishment-list-2014How many billionaires? How many Harvard graduates? How many new entries? Vanity Fair breaks it down on their annual New Establishment list by — founders of hot topics in tech from Tinder to SnapChat, entertainment names like the siblings David and Megan Ellison, along with the obvious — Beyonce — are included among others. [Vanity Fair]

Marlon Brando’s, ‘The Brando’ Eco-Resort, North of Tahiti’s Main Island

I simply must must must tell you about Marlon Brando’s granddaughter, Tumi Brando (26), who I just read about on Forbes talking all about granddaddy’s private atoll ‘Tetiaroa’ in French Polynesia, 30 miles north of Tahiti’s main island. Granddaddy discovered it while filming ‘Mutiny on the Bounty’ in 1960. Now is houses ‘The Brando,’ an eco-resort he had envisioned years ago. I simply must must go.