Native of Puerto Rico, graduate of Boston College and Harvard Business School. Ric Elias And so you have 90 seconds. I was in a great seat because I can see the flight attendants. Ric Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. 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." So Golden Door Scholars, which you mentioned, is a scholarship and mentorship program for undocumented kids, DACA kids. Watch, share and create lessons with TED-Ed, Talks from independently organized local events, Short books to feed your craving for ideas, Inspiration delivered straight to your inbox, Take part in our events: TED, TEDGlobal and more, Find and attend local, independently organized events, Learn from TED speakers who expand on their world-changing ideas, Recommend speakers, Audacious Projects, Fellows and more, Rules and resources to help you plan a local TEDx event, Bring TED to the non-English speaking world, Join or support innovators from around the globe, TED Conferences, past, present, and future, Details about TED's world-changing initiatives, Updates from TED and highlights from our global community, An insiders guide to creating talks that are unforgettable. Forward787 puts individuals with a strong interest in revitalizing Puerto Ricos economy through a 12-month program to develop business and technology skills. As CEO, Silbermann oversaw the April 2019 IPO of the bookmarking site, which today counts more than 454 million users. Ric Elias, CEO and co-founder of Red Ventures, and his wife, Brenda, are suing the 24,500-square-foot houses Charlotte architect and builder, along with the manufacturer of the doors and windows. She's in the pediatrician. But you've been incredibly generous." Puerto Rico's been in a recession for over a decade. The lady looked at me like I was crazy, he recalled, but hed figured that if I dont get on a flight right away, I may never fly again and if the next flight goes down, it was me God was coming to see., Youve Never Heard of the Biggest Digital Media Company in America, https://www.nytimes.com/2021/08/15/business/media/red-ventures-digital-media.html. 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 one I heard executives refer to most was Everything Is Written in Pencil, a motto that makes sense for a company that has changed almost entirely from its marketing origins to become a leading purveyor of service journalism. And I remember grabbing my arm and saying to myself, "I love you," and thinking to myself, "I just wish I could see my kids grow up." And he said something to me that I say to myself all the time when someone thanks me for something. And I've had the greatest run in my marriage, any marriages ever have. Outstanding interview ! Together, the pair have made previous investments in education through establishing scholarship programs at the University of Chicago, the Horatio Alger Association and rootEd Alliance. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina. 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. Ric Elias is the cofounder and CEO of Red Ventures, a digital media company based out of Charlotte, North Carolina. I'm in Quail hollow, and while I stay in a small home, with the help of google maps and zillow I've come to find out that I stay 4 mins away from multiple houses that are worth over $4,000,000. In 2019, he launched a podcast, 3 Things with Ric Elias, as a continuation of the learning journey he shared on the TED stage. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. Ric Elias: I know you had Danny Meyer here recently, and I'm friends with Danny. But if you get the right culture, you can go through a lot of evolution and change and come out on top, and I think that's our bet. She had just heard the captain say: "Brace for impact." 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. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). WebRic Elias (on stairs). [2] The company's corporate headquarters is located in Indian Land, South Carolina, a suburb of Charlotte, North Carolina. And you know the feeling is mutual, and I'm just excited about the journey ahead. I have two amazing teenagers that I love to tears. The company found itself in the publishing business almost by accident, and is now leading a shift in that industry toward what is sometimes called intent-based media a term for specialist sites that attract people who are already looking to spend money in a particular area (travel, tech, health) and guide them to their purchases, while taking a cut. Ric Elias: You know, a lot. They couldn't land. Sports stars? Anative of Puerto Rico, Elias attended Boston College and Harvard Business School before starting his career as part of GE's Financial Management program. Ric Elias: Born and raised. Red Ventures Copyright 2023 All American Speakers Bureau. Ric Elias: We're just getting started, dude. In 2019, he launched a podcast,3 Things with Ric Elias, as a continuation of the learning journey he shared on the TED stage. Charlotte-New York was your You had been doing that route for a long time, right? The couple, who married in January 2021, launched Sydney-based Canva in 2013 with cofounder Cameron Adams. Having been a passenger on the Miracle on the Hudson plane in 2009, Red Ventures CEO Ric Elias is famously familiar with crashes. Carolina CEO sues over windows, doors in And I think The Points Guy really is a platform to unite but also help us dream. He launched the company in 2009 after noticing five Brazilian banks controlled 80% of the market and were charging high fees for basic financial products. He was so moved that he created a book titled How Facing Death Changed My Life (And My Business). Despite a daunting media industry landscape, Red Ventures has found success through its acquisitions of popular sites like Lonely Planet and Healthline. Chesley Sullenberger, is also the CEO and co-founder of Red Ventures, TPG's parent company. I was heading back home to Charlotte. Ric Elias 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. You can also follow Ric and Red Ventures on social; @ricelias and @redventures on Twitter, @_ricelias and @redventures on Instagram. 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. Ric Elias: So I got, like, 2.5 million miles in American, and it's because I was doing this monthly trip to Tokyo when I was in my early 20s. In 2018, Elias launched Forward787, a social enterprise committed to raising and deploying $100 million to build businesses in Puerto Rico that compete with the world's top companies. Brian Kelly: And so it's been an amazing gift to get that second chance. Our belief is that people stay in a company if they're growing, and when they stop growing is when they leave. We turned around immediately. For more information, please see our They're as capable as anybody that we have in our platform, but they're super passionate about Puerto Rico. Two of the three cofounders of design unicorn Canva, Perkins and Obrecht are worth an estimated $6.5 billion each. Ric dives deep into how that day impacted his life, greatly changed his perspective, and improved his relationship with his family and the broader community. Both pilots had been in the airforce and both were glider pilots. Ric Elias: But I tell you, there were lots of great stories of just amazing people in New York City just giving everything. He built up a fortune of at least $800 million from his time at IDEXX Laboratories. 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. I think your daughter was in, what, first grade at the time. Brian Kelly: So Puerto Rico has changed a lot I'm sure since you grew up there, especially with Hurricane Maria, which really devastated the island. WebRic Elias is the co-founder and CEO of Red Ventures, a portfolio of digital companies headquartered in Charlotte, North Carolina. So right now, we're looking for others that want to apply. Safe travels, everyone. Elias has cultivated an award-winning company culture, ranking as a "Best Place to Work" in Charlotte, North Carolina, for ten years in a row. Courtesy Red Ventures. Comments that harass other posters will be deleted. I'm okay," and you know, massive scream, and I could hear my kids crying. 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. But Red Ventures has succeeded by building a tech and media company that is independent of that particular Goliath, if not of another one Google. Brian Kelly: That's great. Their plane's engines had failed and the flight was attempting an emergency ditching on the Hudson River just moments after takeoff. I mean homes that could fit right into Beverly Hills. He cofounded Red Ventures Ric Elias: Right. In Puerto Rico, there was this 936 law where it created a lot of manufacturing jobs. All rights reserved. Open Translation Project. 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: No, I did see him on the river. I went up and said, "Hey, when is the next flight?" 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. He was on US Airways Flight 1549 that went into the Hudson. Things Ric Elias Does Differently Now New comments cannot be posted and votes cannot be cast. They entered the business of selling subscriptions for DirecTV and burglar alarms for ADT Security. So they have to perform. WebRic Elias (on stairs). CNET Brian Kelly: So you, as a successful Puerto Rican entrepreneur, you did a lot for the island. Ric Elias, CEO and co-founder of Red Ventures, and his wife, Brenda, are suing the 24,500-square-foot houses Charlotte architect and builder, along with the manufacturer of the doors and windows. And I said, "There's no such thing. 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. Elias was on Flight 1549 when it unexpectedly landed unhurt on the Hudson River in 2009, an event he claims transformed his life. Healthcare investor and philanthropist (Jack Schuler). Red Ventures CEO signs pledge to But first and foremost, the role of a father, and doing my very best to help my kids be the best version of themselves, was my role. So there's about two minutes before he says anything, and when you look at all the records, they were trying to restart the engines, and they couldn't. I've been to a couple of their multi million dollar homes and it is rather surreal. 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." Brian Kelly: Just the beginning, I can vouch for that. the Biggest Digital Media He cofounded Red Ventures in 2000, just months before the dot-com bubble burst. Red Ventures, as is, will never be a public company as long as Im running it.. He said hed told a surprised agent he wanted the next flight out. Other tricks were more ingenious. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. 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. Ric also has a really interesting past as an ultra-frequent traveler and was on one of the most historic flights in history. 3 Things I learned When My Plane Crashed.. Contact an All American Speakers Bureau booking agent for more information on Ric Elias speaking fees, availability, speech topics and cost to hire for your next live or virtual event. Improve earnings, maximize rewards and track progress toward dream trips. I felt for a long time like I was somewhat dreaming. 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. So we wiped him out. Forward787 is only one out of four massive social impact initiatives we have, and we're super proud of that. So they're interviewing all of us. That acquisition included The Points Guy, a site devoted to elucidating airline mileage programs and credit card deals. Ric Elias: You know, it is such a tiny island. Ric Elias He got hit in the head. JPMorgan Chase Agrees To Acquire First Republic Banks Deposits After It Is Shut Down By Regulators, First Republic Bank Reportedly On Verge Of Collapse, Chief Justice John Roberts Wife Made Over $10 Million As Legal Consultant, Report Says, GOP Scores Early 2024 Win: N.C. Ruling Likely Hands Party More House Seats, Think It, Do It, Be It: The Magic Of Acting As If, Friday, April 28. And I don't know why do we lower ourselves to settle into what party are we from, what race are we from. So I learned enough to be dangerous. And we believe that there's going to be a few winners in every big industry out there that aggregates consumer interest by providing value to the consumer. Ric Elias It was a terrible idea, Mr. Elias said, and they quickly ran out of money. WebRic Elias was given the gift of a miracle: to face near-certain death, and then to come back and live differently. Most employees dont receive equity in the company, and lunch isnt free, just subsidized. Right as you're taking off, did you hear the birds go in? Related Tags: Information on keynote speaking engagements, personal appearances, corporate entertainment and appearance fees for Ric Elias, an inspirational motivational speaker. Courtesy Red Ventures. And we made an announcement that we would train Puerto Ricans in Charlotte for 15 months, and we will send them back with real capital and some digital assets and start building a real digital economy there.
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