Fortune

TROUBLE AT THE SUMMIT

THE THEME WAS NARNIA meets Walden meets 1920s speakeasy at the 2012 Summit Series Basecamp conference. The rapper Q-Tip and DJ Jazzy Jeff played a set; the president of Georgia made a speech; rescued mountain lions surprised guests at a nature talk; and the illusionist David Blaine roamed the halls of the Lake Tahoe resort, randomly delighting attendees with his tricks.

Just four years after a group of idealistic entrepreneurs in their early twenties started Summit Series, it had grown into a phenomenon: an invite-only multiday conference with an eye-popping guest list of CEOs, founders, wellness gurus, philanthropists, and celebrities who came for the intense workshops, heady talks, and legendary parties at stunning vacation destinations. At an annual Summit Series conference or a “Summit at Sea” cruise, one might find oneself in a meditation session with Jeff Bezos, learning about indigenous peoples’ rights from Harrison Ford, or petting puppies with A$AP Rocky.

The four young men who created Summit Series—Elliott Bisnow, Brett Leve, Jeff Rosenthal, and Jeremy Schwartz—would usually be in the mix, hobnobbing with guests in the craft cocktail bar hidden behind a broom closet or practicing lucid dreaming in the geodesic dome. But at Lake Tahoe in 2012 they had to sit out the fun, they recall in Make No Small Plans, a book about the conference series that they published last year. Instead they were holed up in a windowless room at the resort, working behind the scenes to charter a 737 jet to Utah.

The morning after the conference ended, they ushered 60 of the 800 Basecamp attendees onto the plane for a last-minute all-expenses-paid mystery trip. A fleet of 30 rental cars was waiting in Salt Lake City to deliver the still-baffled guests to a hastily constructed yurt at the top of a mountain in the town of Eden, Utah—Powder Mountain.

The group arrived just in time to watch a spectacular sunset streaked over the Wasatch mountain range. Only then, around a barrel fire, did the Summit team explain what was going on.

“You might be wondering what you’re doing here,” Rosenthal began, according to the book. “We’re going to build a place where people from around the world can form friendship, where their families can spend time together, and where their kids can grow up and start families of their own. And we want you to be part of that story with us.”

The founders had always seen the Summit Series mission as bigger than a string of epic gatherings, they explained. They were building a community of people who wanted to fix the world’s ills by creating businesses that gave back. They were collecting people who accepted the Summit mantra “Make no small plans” as a personal creed. They needed a year-round home, and this literal summit could be it.

They just needed $40 million to buy the mountain.

▶ for Summit

You’re reading a preview, subscribe to read more.

More from Fortune

Fortune2 min read
Building A Future Cityscape
SINCE ITS FOUNDATION IN THE EARLY 20th century, Tokyu Corporation has played a major role in the history of Japanese communities, through urban development and then later through rail connections. The firm is now looking to help lead the nation’s cit
Fortune2 min read
How Gen Zers and Millennials Are Transforming Business
GEN ZERS AND MILLENNIALS ARE EXPECTED TO comprise 72% of the global workforce by 2029, according to the World Economic Forum. The aspirations and expectations that these generations have for their careers are critical for business leaders to understa
Fortune2 min read
Meet The Class Of 1955
ALMOST 10% OF THE COMPANIES on this year’s Fortune 500—49 in all—have made our list of America’s biggest businesses by revenue every year since its first edition, in 1955. All 49 are highlighted in these graphics, which also show their size relative

Related Books & Audiobooks