Ric Elias

Rick is the CEO and co-founder of Red Ventures, which has a portfolio of fast-growing digital businesses like Lonely Planet, The Points Guide, Bankrate, and large investments in a variety of other businesses across industries.

He began Red Ventures in the year 2000 and has grown it to a global company with thousands of employees.

Rick walks us through the early struggles that have led to a now flourishing investment platform.

But mostly, this episode is a masterclass on cultural values and philosophies that transcend mere financial gain.

We discuss the difference between living good and well, the power of forgiveness, and compounding more than just your capital.

Rick's story is one of resilience, humility, and grace.

His story about being in the front row of the plane that Captain Sully landed in the Hudson is singular and moving.

Please enjoy this great conversation with Rick Elias.

So just before we came in here, you and I did something together on stage, and then I was talking to Carlos on your team, and he asked me whether or not and how I prepare for these things.

And I told him the truth, which is that in some literal sense, I don't prepare.

I don't sit down and think about them right ahead of them.

But in some other sense, I prepare all the time because I end up talking to people that I'm most interested by and curious about and have met before, usually like you and I have met before.

And that the only thing I prepare is the first question.

And I usually do that about five minutes ahead of time.

But I hadn't done that.

And so I actually asked Carlos to give me the first question that I'll ask.

This first one comes from Carlos, but I love it.

You cheated.

So I'm using it and I cheated.

I like it.