<![CDATA[Gawker: valleywag, sun valley]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, sun valley]]> http://gawker.com/tag/valleywag/sunvalley http://gawker.com/tag/valleywag/sunvalley <![CDATA[Sun Valley's Mogul Parade]]> Barry Diller is cornering guys in the bushes, Harvey Weinstein is "stress eating" and Tom Freston's wife is letting it all hang loose. Here's a gallery of the summer fun you're missing at Allen & Co.'s annual Sun Valley schmoozefest.

Firefly honcho Tom Freston's yoga-loving wife Kathy seems to have forgotten to pack a bra. She seems over it; Tom doesn't.

As AOL's Tim Armstrong learned, IAC chief Barry Diller is entirely comfortable meeting in the bushes.

Rupert Murdoch, after being charmed by Haim Saban and News Corp. underling David DeVoe.

Google CEO Eric Schmidt explains to Microsoft's Nathan Myhrvold and Bill Gates how his new Chrome OS will reduce Windows to a "poorly-debugged set of device drivers."

Harvey Weinstein demands to speak with the insensitive hack who called him a "stress eater."


Walking alone, Twitter's Evan Williams remains aloof.

Facebook's Mark Zuckerberg listens as Microsoft's Myhrvold critiques his Bill Gates impression.

Eric Schmidt explains how Larry Page conned him into launching another operating system.

Former eBay honcho Meg Whitman brought her trophy husband, all the better to ask for gubernatorial campaign donations with.

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<![CDATA[Sun Valley's Lusty Old Men Are Fickle]]> Allen & Company is doing its annual thing in Sun Valley, Idaho, in which old moguls shamelessly ogle the most supple young internet startups. This year, everyone's drooling over Twitter. Last year's trophy companies? Not looking so sexy.

It's a tough world for a flirty company on the make. In summer 2008, media honchos like Barry Diller and Jeffrey Katzenberg were making eyes at social networking companies like Slide, the well-funded maker of Facebook applications started by PayPal founder Max Levchin. Just in time for this year's conference, Slide is laying people off and scrapping its failed business model.

Levchin got cozy with Diller last year, but Twitter is playing hard to get: CEO Evan Williams "attended Wednesday's sessions, but didn't speak up when other executives expressed doubts about Twitter's revenue prospects," according to the New York Times' Andrew Ross Sorkin, who adds that both Diller and cable honcho John Malone (pictured together) disparaged Twitter's advertising prospects.

They doth protest too much: Any firm that can reunite those bitter ex-partners (and former courtroom nemeses) is clearly a stimulating concern.

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<![CDATA[Sergey Brin cares about the children]]> Google CEO Eric Schmidt and cofounder Larry Page sat down with reporters for over an hour during an impromptu press conference while playing Bilderbergers at Allen & Co.'s exclusive Sun Valley getaway yesterday. There was talk of Google's Android cell-phone operating system; of China; of the search-ads deal with Yahoo. But it was fitness enthusiast Sergey Brin, rushing in late after a reported flat bicycle tire, who stole the show with feel-good blather:

"Another important factor that nobody talks about is teachers' salaries," Brin said. "Teachers are among the lowest-paid professionals. At Google, we've been paying our teachers 25 per cent more, but even with that, they're among the lowest-paid employees. I think it's really important to have a living wage for teachers."

Schools, of course, cost money. Google doesn't actually run a school, so Brin must be talking about the workers at his company's wildly overpriced childcare centers. On the Google model, even with teachers at the bottom rung on the payroll ladder, Brin's answer was to demand more money from parents.

Yet I haven't exactly seen Brin standing in solidarity with the teacher unions in California when they've lobbied for salary increases and smaller class sizes. Nor has Brin come out against Prop 13, the bill which froze property taxes in California, permanently hobbling education spending. But then it's been typical of Google to think they can have their gourmet, organic, locally-sourced cake and eat it, too.(Photo by AP/Douglas C. Pizac)

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<![CDATA[Sun Valley moguls spent $4,300 to $6,110 on shrubs to keep reporters at bay]]> Among the news from Allen & Co.'s Sun Valley retreat for the rich: Marc Andresseen continues his campaign to tell old media they are old; Carl Icahn would settle for any Microsoft offer that pays $30 or more per Yahoo share; some industrial chemical giant agreed to buy some other company no one's ever heard of. Yet none of the stories feature photographs of the deals going down. Why? Because unlike in years past, the retreat organizers have banned reporters and photographers from "the beloved cafe at the Inn," reports Reuters. What's more, to keep these reporters and photographers from stalking their prey on the hotel's grounds — as any good reporter would — organizers resorted to shrubbery to further shield the moguls' privacy. From the tags still left on the brand-new shrubs (how nouveau gauche), Reuters reporter Kenneth Li estimates organizers spent between $4,300 and $6,110 on the organic fence.

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<![CDATA[Who's Kara Swisher afraid of?]]> Ruthless reporter Kara Swisher didn't get invited to superbanker Herb Allen's annual VIP gathering in Sun Valley. So she's taking matters into her own hands and ... complaining on her blog? Kara, stop it. I've seen you in action. You're The Bride of tech reporting. When you enter the room, security guards flee. PR bunnies chew off their own heads rather than face you. You disembowel Old Boys Club members with questions so sharp they barely feel a thing until it's too late. So quit whining and man up, Kara. Just get yourself to Sun Valley. You'll get in. You'll have the head table before dinner is finished. I almost feel sorry for the poor sonsabitches they send to stop you. Send us your posts and we'll lazily relink them. Now GO.

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<![CDATA["It's good, but you could add a sentence:...]]> Page Six]]]> http://gawker.com/index.php?op=postcommentfeed&postId=291504&view=rss&microfeed=true <![CDATA[Sergey Brin and Butt-Head]]> Pictured left, Google co-founder Sergey Brin chatting at last week's Sun Valley confab with Amazon's Jeff Bezos and Allen & Company managing director Nancy Peretsman. Pictured right, Butt-Head, the Mike Judge-created character from 1990s cult cartoon Beavis and Butt-Head. Note the same puffed-up hair, squinty eyes, and basic t-shirt, though we figure Brin to be a bit more intelligent than the animated teenager. No word on whether Brin has ever participated in Frog Baseball.

Photo credit: Reuters/Rick Wilking]]>
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<![CDATA[The mogulfest attended by Rupert Murdoch,...]]> Dealscape]]]> http://gawker.com/index.php?op=postcommentfeed&postId=278430&view=rss&microfeed=true <![CDATA[Google CEO Eric Schmidt surprises reporters...]]> NYT]]]> http://gawker.com/index.php?op=postcommentfeed&postId=278198&view=rss&microfeed=true <![CDATA["We're interchangeable." — Google cofounder...]]> New York Times]]]> http://gawker.com/index.php?op=postcommentfeed&postId=277954&view=rss&microfeed=true <![CDATA[Mark Zuckerberg's substitute player]]> The moguls wandering through Sun Valley, Idaho, in the hopes of running into Facebook CEO Mark Zuckerberg, will be sorely disappointed. Contrary to reports, he's not attending the conference, appearing instead at Fortune's iMeme conference in San Francisco. Sun Valley will have to settle for Facebook COO Owen Van Natta. Though they might not mind the substitution. Van Natta comes with several years of experience as Amazon's vice president of worldwide business and corporate development, where his duties included brokering deals with the same Hollywood types now clogging Sun Valley's streets.]]> http://gawker.com/index.php?op=postcommentfeed&postId=277379&view=rss&microfeed=true <![CDATA[New names attending the mogul confab in Sun...]]> mogul confab in Sun Valley, ID this week: Googlers Sergey Brin and Larry Page, Facebook COO Owen Van Natta, and "top executives" from LinkedIn. [Washington Post]]]> http://gawker.com/index.php?op=postcommentfeed&postId=276880&view=rss&microfeed=true <![CDATA[Who's selling, who's buying at the Allen confab?]]> Sun Valley, the quiet Idaho ski resort town, is about to get a charge from Silicon Valley. Allen & Co., the New York investment bank, has been holding an exclusive conference there for 25 years, but until recently, the invite list has been limited to old-media moguls. On the invite list for this year's conference, which kicks off tonight: Jay Adelson, CEO of Digg, the social-news website, which he cofounded with Kevin Rose. Here's why we think Adelson's on the list — and who else might show up.

Digg, of course, was infamously profiled in BusinessWeek last August, which assigned the company a value of $200 million. Most of Silicon Valley found that number spurious, but the credulous executives who run big media companies actually believe what they read in magazines. With Rose launching Pownce, a new Twitter-like file- and bookmarks-sharing service, and Adelson increasingly focused on Revision3, now would be a good time to offload Digg, whose noisy community of users is just getting more and more fractious.

Then there's Marc Andreessen and Gina Bianchini, the chairman and CEO, respectively, of Ning. Ning, long an ill-defined Web 2.0 startup, has found its purpose in life — making Facebook apps and other social-networking tools easier to build. Along with the purpose came $44 million in funding, in a round orchestrated by Allen & Co. And hence the invite. It's a bit early for Andreessen to sell, so we'll bet he'll content himself with hawking his build-your-own-MySpace tools to everyone besides Rupert Murdoch.

Why build when you can buy, though? Facebook, the former college-kid social network which has been growing spectacularly since it opened its doors to everyone last fall, has all the buzz right now, prompting Murdoch himself to diss MySpace. Facebook, of course, has been showing every sign of wanting to go public. The IPO option gives CEO Mark Zuckerberg, rumored to be attending Sun Valley this year, more leverage in any negotiation.

Rounding out the tech corps: Bill Gates of Microsoft; Yahoo CEO Jerry Yang, CFO Sue Decker, and even the gone-but-not-gone Terry Semel; and Mike Volpi, the former Cisco executive who's now running online-video startup Joost. Oh, and the usual old-media suspects.

There's one puzzling omission on the guest list, if reports are true: Quincy Smith, president of CBS Interactive. Smith is himself a former Allen & Co. dealmaker, which makes his absence curious indeed. Anyone know why people are saying Quincy won't show?

(Photo by briancaldwell)

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