Connect with us

Video

What Billionaire Scott Cook’s College Ski Club Taught Him About Business | Forbes

Published

on

Scott Cook is chairman of the executive committee and cofounder of Intuit, a company that helps millions of people and small businesses manage their finances with products like QuickBooks, TurboTax and Mint. Cook was harnessing the power of software to make a common task simpler in 1983, when Google’s cofounders were still in grade school, most of the PayPal mafia was learning basic arithmetic and Mark Zuckerberg wasn’t even born. Today, the publicly traded behemoth boasts sales of over $6 billion and a market cap of $68 billion.

This wasn’t the future Cook imagined for himself as an undergraduate at the University of Southern California, with his eyes set more on the ivory tower than silicon valley. After he and a pal won a federal research grant to study the economics of air pollution, Cook thought he might pursue a Ph.D. in the field. A fateful day at the ski club’s general interest meeting would change all that.

Read the full profile on Forbes: https://www.forbes.com/sites/catherineperloff/2019/10/02/how-a-college-ski-club-transformed-intuit-cofounder-scott-cook-from-would-be-economist-to-billionaire/#7c1652e96eb2

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Continue Reading
Advertisement
Comments

Video

Caffeine.TV: The Twitch Competitor Backed By Drake | Forbes

Published

on

By

Caffeine is a live-streaming service that allows anyone — entertainers, athletes, esports stars, amateurs — to broadcast to fans, who can chat with each other and the person they are watching. Launched to the public in November, the free service that Apptopia estimates has been downloaded 1.6 million times is going head-to-head with Amazon’s Twitch, which has 40.1 million downloads over the last year, thanks to popular gamers such as Turner ‘Tfue’ Tenney and Timothy ‘TimTheTatman’ Betar. But Twitch is largely associated with streaming video games. Caffeine wants to go well beyond that, offering live sports, concerts and, yes, rap battles.

Caffeine founder Ben Keighran says he received a surprise call from Horowitz, an early backer and board member, who connected him with Drake’s manager during last June’s NBA finals. The discussion culminated in a deal that will bring Drake exclusively to Caffeine to co-produce monthly battles of rap skills with the Ultimate Rap League, starting Feb. 29. “This is a name that everybody knows,” says Keighran. Drake means “live broadcasting in a way that hasn’t been shown at this level before.”

Keighran’s vision for the future of entertainment, which he calls “social broadcasting,” attracted $46 million in investment in January 2018 from Silicon Valley firms Andreessen Horowitz and Greylock Partners and celebrity backers Ashton Kutcher and Kevin Durant. Fox Chief Executive Lachlan Murdoch was similarly intrigued, and months later invested $100 million in Caffeine, at a valuation of $500 million, through his family’s media company, then known as 21st Century Fox. Together they set up a joint venture, Caffeine Studios, to produce esports, sports and live entertainment from the Fox studio lot in Los Angeles. “These big media companies are all hedging against the future,” says Doug Perlman, a sports media advisor.

Read the full profile on Forbes: https://www.forbes.com/sites/dawnchmielewski/2020/02/11/behind-streaming-upstart-caffeines-plan-to-take-on-twitch-draft-drake/#36cc88bc528a

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Continue Reading

Video

Kerry Washington On Using Her Platform To Spark A Movement

Published

on

By

Actress and activist Kerry Washington joined the 2017 Forbes Women’s Summit to discuss how she leverages her fame to promote good.

Subscribe to ForbesLive for more summit content: https://www.youtube.com/channel/UCxYoShcfPZ1cxydh9w8pVbw

Visit the ForbesLive event page to register for Forbes events: https://www.forbes.com/connect/events/

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Continue Reading

Video

Ninja Leads Highest Earning Gamers List 2020 | The Countdown | Forbes

Published

on

By

This week we’re talking a look at the highest earning gamers. Ninja (Michael Blevins) leads the way with $17 Million, followed by Pewdiepie (Felix Kjellberg) with $15 Million. There’s a 2-way tie at #3 in our countdown between Preston (Preston Arsement) and Markiplier (Mark Fischbach) at $14 Million. Shroud (Michael Grzesiek) secures the last spot in the top 5 with $12.5 Million.

All earnings are from January 1, 2019, through January 1, 2020. All figures are pretax, and fees from agents, managers and lawyers are not deducted. Estimates are based on SocialBlade, TwitchTracker, Captiv8 and Pollstar, as well as interviews with industry insiders. For the purposes of the list, Forbes defines a professional gamer as anyone who makes their income playing games, both competitively and casually.

Read the full profile on Forbes: https://www.forbes.com/sites/mattperez/2020/01/29/top-earning-video-gamers-the-ten-highest-paid-players-pocketed-more-than-120-million-in-2019/#51808df34880

Sign up for our newsletters here: https://newsletters.editorial.forbes.com

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Continue Reading

Trending