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It was founded in 2008 by four 20-somethings, and the first gathering had 19 people. Now it attracts hundreds of attendees. Events have been held in Mexico, on a Caribbean cruise ship, and in Squaw Valley, California.
The conference, which is usually three or four days, has a reputation for being an amazing networking experience, full of non-stop partying paired with an stellar guest list. Past attendees have included Richard Branson, Bill Clinton, and Russell Simmons.
Today, Summit Series announced a new home for their annual "conference" ragers: Powder Mountain. The founders raised roughly $40 million to buy the new 10,000 acre spot in Eden, Utah.
$40 million was just the price tag for the mountain, though. They'll have to raise even more to build on top of the land. Still, there's a lake, skiing, and even a giant bird nest that sits in a tree for humans.
"It's a new kind of neighborhood, where friends, family, and the leaders of today and tomorrow gather in an environment created to catalyze personal and collective growth," the founders write on their site.
For anyone who has ever visited Powder Mountain, or is lucky enough to call it their home mountain, you probably know all about the great terrain, lack of lines, and great local atmosphere.
Of course, with new ownership, I am expecting a lot of changes to this once hidden gem.
So NS, do you think this powder mountain is gonna maintain its current awesomeness, perhaps even improve, or turn into a commercialized shitshow?