Sunset Strip Music Festival #SSMF – 9/20 + 9/21
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.
We stopped by the VIP preview on Friday night at Soho House to see a selection of the items on the block that include countless highly recognizable staples from Hermes, Chanel, Chopard, and Bulgari. Heritage Auctions, right here in Beverly Hills on Beverly Drive and Olympic, is hosting a two-day preview on Saturday & Sunday
Emma, raised in Los Angeles and currently in her third year at the Florence Academy of Art, in Italy, is reportedly planning to move to the U.S. in the New Year with her 27-year-old artist boyfriend Richard Greathouse, who hails from Nashville, Tennessee. She is the cover star on the September issue of Harpers Bazaar.
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
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.
“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]
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]
Presented by Rochelle Gores Fredston (Event Chair & PSLA Founder), Marigay McKee (Honorary Event Chair & President, Saks Fifth Avenue), With Christine Chiu, Mary Alice Haney Davidov, Claiborne Swanson Frank, Marlien Rentmeester, Angelique Soave, and Tatiana Sorokko. Benefitting Children’s Institute, Inc. (CII)
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.
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,
Altuzarra for Target launches today — See the lookbook!
How 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]
The Little Door takes over the former Villetta space in Santa Monica on September 15. Read more @CurbedLA
Peter Thiel’s new book on startups ‘Zero to One’ is discussed in a recent podcast posted on VC giant Andreessen Horowitz’s blog with co-author Blake Masters, who based the book off his blogposts that re-capped a course Peter Thiel taught at his alma mater Stanford: “Computer Science 183: Startup.” The e-book is available from Barnes & Noble.
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.
In this recent interview with TechCrunch, Tinder CEO, Sean Rad says his app is not just for hookups. That you can meet a best friend, a contact, or even your soul mate!