Word: andersens
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...Cointreau and COO of Antinori wines, one of Frescobaldi's toughest competitors. "Giovanni brought a more professional mentality," says patriarch and chairman Vittorio Frescobaldi, 70, with a laugh. "We needed to change the mind-set." To do that, Geddes hired staff from the likes of Procter & Gamble and Arthur Andersen to work with family members. "I convinced the family that everything had to make financial sense," says Geddes...
...irony really is dead, you might mark its toe tag May 10, 2000, launch date of Inside.com Years before co-founding that high-profile media-news website, editor Kurt Andersen co-founded the satiric Spy, a magazine that in the '80s and '90s treated the media and entertainment businesses as sardonically as Inside treats them earnestly. Writing about the new venture in New York magazine, media columnist Michael Wolff argued that you couldn't pull off a Spy online if you wanted to, for the Web is an "irony-resistant environment...
...paraphrase Jay McInerney, the sort of person who would watch Survivor. It's not just the larvae-eating contest (which ex-Survivor B.B. Andersen, 64, helpfully describes as "like having a booger in your mouth"). It's the gladiatorial concept: stranding 16 people on a tropical island to scrabble for food and shelter, all for the delectation of sluggards licking Cheetos dust off their fingers in their air-conditioned living rooms. It's the Machiavellian twist: having the contestants vote one another off the island until there is a single million-dollar winner and 15 rejects. It's the suffering...
...however, missed an episode. "That older guy that got killed off the show last week deserved it. You just don't wash your clothes in the fresh-water supply," he says, referring to the transgression that helped get Andersen the boot. (Note: Losers are not actually executed, but Fox hasn't worked up a knockoff series yet.) "Don't vote me off the island!" is rivaling "Is that your final answer?" as a red flag for water-cooler bores. And last week CBS announced a Survivor sequel, set in the Australian outback...
Celebrities and sports stars, from Martha Stewart to Joe Montana, are jumping on the VC bandwagon. In the past several months, corporate heavyweights IBM, News Corp., Time Warner (parent of TIME) and Arthur Andersen, to name a few, have launched their own funds. Even the CIA has set up a venture arm, In-Q-Tel. And later this year, Silicon Valley start-up MeVC, along with VC Draper Fisher Jurvetson, will roll out a publicly traded venture fund that lets individuals with a net worth of at least $150,000 plunk down a minimum of $5,000 to play...