Spend a few days in Sun Valley, ID, home of the annual Allen and Company conference, and you’ll understand why the top names in media and technology gather here for a week of summer camp. The weather is perfect and the stars come out at night.
So do the moguls, who are known to gather en masse at the resort’s Duchin bar every evening to network with each other and occasionally toss out a juicy tidbit to the journalists who gather nearby. Or, if you’re Marissa Mayer and Tim Armstrong, you take a really long meeting late into the night to fuel speculation of a Yahoo! and AOL merger.
The real stories won’t come out until later. We all saw Jeff Bezos have lunch with Donald Graham at last year’s summit, but it wasn’t until August that the sale of The Washington Post to the Amazon founder was confirmed. The beat reporters that have to churn out a story every day at any cost do have it rough in Sun Valley.
At the end of the day, however, you really are just hanging out in the woods with some of the most influential people in the world. Occasionally they may even buy you a round of drinks.