Summit Series is a popular, annual startup conference among a younger set of entrepreneurs who like to work hard and play hard.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 neighbourhood, 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.