More important than what we do is why we do it, and for someone to truly understand who we are and what unifies us as Red Ventures, they must understand what we believe. Sound familiar? Red Ventures is an American media company, which owns and operates brands such as Lonely Planet, CNET, ZDNet, The Points Guy, Healthline and Bankrate. I've been fortunate to work my entire career in Silicon Valley, from the early days of the Mac to the rise and fall of the dot-com era to the current age of the internet (Web 4.0?) Explore in-office and remote opportunities. Our aspiration is to have diverse teams at every level of the company, and we seek candidates who bring unique personal experiences, curiosity and an eagerness to embrace diversity, equity, and inclusion. Catherine Muccigrosso is the retail business reporter for The Charlotte Observer. Ric Elias is the CEO and cofounder of Red Ventures, a portfolio of fast-growing digital businesses. All rights reserved. Red Ventures owns and operates several large digital brands including CNET, Healthline Media, The Points Guy, Bankrate and Allconnect.com. 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. "People want great content and they want to trust the sources that provide them with that content.". We believe that the bigger we get, the smaller we need to act, so we constantlychange the way we organize our work. 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A native of Puerto Rico and a Miracle on the Hudson survivor, Ric Elias has been recognized with a humanitarian award for his service in the Charlotte-Mecklenbug community for Golden Door Scholars, the Observer previously reported. Executive Summary. Why it matters:Ric Elias, the CEO and founder of Red Ventures, is the latest in a long line of Charlotte business leaders who give much of their wealth to the city and causes that matter to them. A fully-operational digital mortgage brokerage that breaks down barriers between customers and their home financing goals. Advertising.com, A Division of Aol Platforms Executives, Commercial Real Estate Exchange, Inc. (crexi) Executives, Advertising.com, A Division of Aol Platforms, Commercial Real Estate Exchange, Inc. (crexi). I am a co Founder and Partner at Salkantay, an impact investments asset manager focused in the Pacific Alliance . She and her husband of 27 years, Greg, live in Charlotte and have two daughters, ages 20 and 17. The data presented on this page does not represent the view of Red Ventures and its employees or that of Zippia. People and partners in high-intent industries. Nordic Game sat down last week with Nordic Game Ventures co-founders Timo Ylikangas, Erik Robertson, and Stefan Lindeberg. jobs are to maniacally focus their teams on gettingbetter every day. 3 things I learned while my plane crashed. The Red Ventures executive team is 32% female and 68% male. CNET, the tech news and reviews site owned by digital media and marketing company Red Ventures, has joined the parade of media-industry layoffs. Dan began his career with the global consulting firm Bain & Company. Ric Elias is the co-founder and CEO of Red Ventures, a portfolio of digital companies headquartered in Charlotte, North Carolina. Last rating was 5 days ago. View Red Ventures' up-to-date org chart, open roles, and culture details. Dan's roles have included general manager of Sidewalk.com, a joint venture between Microsoft and Cendant, SVP, Marketing, for Cendants membership group; and general manager of Shoppers Advantage, a $300MM online and catalog retailer. Brenda Elias is active in the Charlotte community helping local youth in the foster care system and public education. [2] The company's corporate headquarters is located in Indian Land, South Carolina, a suburb of Charlotte, North Carolina. I'm always curious about new technologies and businesses. Ric Elias is the chief executive officer (CEO) of Red Ventures, an American media company that owns Lonely Planet, CNET, and other digital companies. In September, it said it was purchasing CNET Media Group for $500 million, bringing TV Guide and other brands into the. Red Ventures owns and operates several large digital brands including CNET, Healthline Media, The Points. It's a perspective many can appreciate given what's happened in 2020. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Along the way, I've interviewed notable executives from Steve Jobs, Steve, Member of the board, UCLA Daily Bruin Alumni Network; advisory board, The Center for Ethical Leadership in the Media, after US Airways Flight 1549 made an emergency landing, Red Ventures, the company he co-founded in 2000, was acquiring CMG, Do Not Sell or Share My Personal Information. Having been a passenger on the Miracle on the Hudson plane in 2009, Red Ventures CEO Ric Elias is famously familiar with crashes. If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. Mark Brodsky joined the Red Ventures management team in 2003, bringing a wealth of financial and general management experience.He began his career at General Electric Co. in 1986 and in that capacity met Ric Elias, founder of Red Ventures. You could score a free Bojangles biscuit almost every day for a week. Find executives, board members, teams, related companies, and more. Its in an environment of investment decline in education that Washington, D.C. based New Market Venture Partners, is launching a new education investment fund their fifth overall. We believe that people should feel free to say what they think, not what they think leadership wants to hear. The couple has been married for 24 years and have two children. Webelieve we must behave like we are running out of time and constantly feel like we are jogging up the escalator. Red Ventures is an American media company, which owns and operates brands such as Lonely Planet, CNET, ZDNet, The Points Guy, Healthline and Bankrate. Red Ventures owns & operates leading digital content sites including Lonely Planet, CNET, healthline & Bankrate. Before its 2020 acquisitions, the company has grown into an international presence with more than 100 brands, 3,000 employees, and operations in the United Kingdom and Brazil.. The Eliases are the second North Carolina couple to sign the pledge, according to The Giving Pledge. Our purpose and commitment to our communities. In 2000, he co-founded Internet marketing and technology company Red Ventures. The Eliases join other such high-profile names as Elon Musk, Michael Bloomberg, Ted Turner and Mark Zuckerberg. Red Ventures billionaire co-founder and CEO Ric Elias and his wife, Brenda, are the first in Charlotte to join a pledge committing to give away the majority of their wealth to philanthropic. Its a problem everyone at RV can relate to. Ric has founded several social impact initiatives including Road to Hire, a 501(c)(3) that connects young adults with on-ramps to professional development and high-earning careers. The company was established in 2000 and is headquartered ou Read More Contact Who is Red Ventures Headquarters [16] The characterization came after the website Futurism found several articles published by Red Ventures properties, including CNET, were quietly written by artificial intelligence software,[17] with the stories containing numerous inaccuracies and instances of plagiarism. For questions about accessibility, requests for accommodations, or to submit an accessibility issue contact us. We're made up of dozens of nimble business teams. Set up in a modern leadership and network approach, reinvesting profit into new ventures. Red Ventures billionaire co-founder and CEO Ric Elias and his wife, Brenda, are the first in Charlotte to join a pledge committing to give away the majority of their wealth to philanthropic causes. Shannon has been with Red Ventures since January of 2011. A 6-foot-5 native of Puerto Rico, he has quietly. That man was Captain Chesley "Sully" Sullenberger, and the conversation took place almost 10 years after US Airways Flight 1549 made an emergency landing in New York's Hudson River. Red Ventures may also be known as or be related to Red Ventures, Red Ventures Holdco, LP, Red Ventures LLC and Red Ventures, LLC. He is also member of the Board of Directors for Novant Health. The Red Ventures London staff outside their office near Tower Bridge. The transaction closed in June for an undisclosed amount. Prior to founding Red Ventures, Dan held a variety of general management and senior marketing positions within CUC International (later Cendant). [1] Red Ventures focuses on sites that dispense news, advice, and reviews. Ric Elias is CEO and co-founder of Red Ventures, a portfolio of digital companies headquartered in Charlotte, NC. Red Ventures investment in state-of-the-art technologies has also garnered the attention of stalwarts like Google and Bing, whose representatives have visited the company headquarters to exchange ideas. Our purpose and commitment to our communities. We believe that the world is changing faster than most humans and companies are able to handle, so for us failure is always an option, but never an outcome. Ric Elias, Founder and CEO of Red Ventures, has been named the Ernst & Young National Entrepreneur Of The Year 2011 Services Award winner. He has over nine years of experience working on youth development, social entrepreneurship, healthcare, and education projects. Founded in 2000, Red Ventures is a diverse portfolio of businesses and brands that help millions of people make life's most important decisions. In addition, we're seeing a crisis of trust in consumers; people want great content and they want to trust the sources that provide them with that content. Pros They have 2 gyms and a awesome food court with a lot of options to choose from for your meals. We simplify online experiences through premium content, consumer marketplaces and advice, strategic partnerships, AI-driven digital marketing, and world class intelligence/analytics. PALM SPRINGS, C.A. [14][15], In 2023 The Verge described the business model of the company as "publish[ing] content designed to rank highly in Google search for high-intent queries and monet[izing] that traffic with lucrative affiliate links. John Sall is co-founder of the SAS Institute, one of the worlds largest statistical software firms. Webelieve we must behave like we are running out of time and constantly feel like we are jogging up the escalator. Red Ventures has been busy building a portfolio of technologies, digital assets and strategic partnerships over the last 20 years. Since moving into our new structure and opening ourselves up to more stimuli from the outside world, were more convinced than ever that its true. Billionaire media mogul Rupert Murdoch acknowledged in a deposition that several Fox News anchors endorsed former President Donald Trumps baseless claims of fraud in the 2020 presidential election. [12] On December 1, 2020, Red Ventures bought Lonely Planet from Tennessee-based NC2 Media. People and partners in high-intent industries. She covets her original nail from the HP garage, a Mac the Knife mug from Macweek, her pre-Version 1.0 iPod, a desk chair from NeXT Computer and a tie-dyed BMUG t-shirt. Connie Guglielmo is editor in chief of CNET, overseeing an award-winning team of reporters, editors and photojournalists producing original content about what's new, different and worth your attention. As CSO, Miller . People want relevant information and tools that are easy to find and use. Forbes lists Salls net worth at $4.3 billion. Red Ventures is a leading digital consumer choice platform based in Charlotte, North Carolina. CEO and Executive Team. The journey required us to build andrebuild a number of proprietary technologies, whichallowed us to deliver fully-integrated digital marketing campaigns in a way that disrupted the business of marketing agencies, call centers and ad tech companies by creating an end-to-end solution under one roof. [9], Red Ventures acquired Bankrate Inc. for $1.24 billion in cash in a deal announced July 3, 2017. We believe in the power of premium content from trusted brands, and our investment in CMG's portfolio opens the door to help more people discover information and seamlessly make decisions. [7] That same year, it doubled the size of its headquarters[8] and bought postal services company Imagitas from Pitney Bowes. If theres one thing Elias values most, its the employees who have helped Red Ventures become the industry giant it is today. I love music and find it very inspiring for creating and bootstrapping ventures. Newfold Digital. The Points Guy (TPG) is an American travel website and blog that produces sponsored news and stories on travel, on means of accumulating and using airline points and miles, on politics and credit cards, and in particular credit card reviews. We believe we must have the courage to pursue opportunities and ideals bold enough to scare us. Ric Elias says the best conversation he ever had was the 30 seconds he spent shaking the hand of the man who saved his life, neither one of them saying a single word. During my internship experience with Red Ventures (RV), I was responsible for writing daily, weekly and monthly . Photo courtesy of Red Ventures. Eleven years ago today, it all changed in an instant. A veteran business-tech journalist, she's worked at MacWeek, Wired, Upside, Interactive Week, Bloomberg News and Forbes covering Apple and the big tech companies. Some are international arms of Red Ventures, while some began as RV verticals that grew to operate independently. Three years ago, he founded social enterprise Forward787, a $100 million commitment to building digital businesses based in Puerto Rico. As reported by the Verge, reporters have been pressured to alter reviews to be more positive in cases where Red Ventures has a financial relationship . Axios Charlotte is a local news initiative. The fund, led by Rokas Peciulaitis and Tomas Kemtys, will back start-ups at the seed stage and is raising further backing from investors with a hard cap of 100 million. The Giving Pledge made the announcement Tuesday that 14 more billionaires had signed on to donate half their wealth. I asked Elias to answer a few questions for our readers about why it made sense to bring these brands together. It's our ability to adapt and learn -- and the sheer passion of our teams -- that has been our competitive advantage for all these years. We make a difference by helping our people, our clients and our wider communities achieve their potential. For questions about accessibility, requests for accommodations, or to submit an accessibility issue contact us. That fast-changing world and "massive digitization" isn't just changing the way we live, work and play, it's also disrupting businesses and business models -- including in the publishing industry, Elias says. 10% of the management team is Black or African American. Founded in 2000, Red Ventures spans 5 continents and employs more than 4,500 people. Situated in the far northeastern reaches of the country, Friuli is a cool climate, with breezes from the Adriatic Sea as well as the nearby Alps regulating temperatures.