Nick Hanauer

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Nick Hanauer

Nick Hanauer (* 1959 in New York City ) is an American entrepreneur and venture capital investor who lives in Shoreline, Washington .

Professional career

After graduating from the University of Washington with a degree in philosophy , Hanauer began his business activities in his family's company, the Pacific Coast Feather Company, where he continues to act as co-chairman and board member. In the 1980s he co-founded the Museum Quality Framing Company, a large West Coast franchise company.

In the 1990s, Hanauer was the first non-founder family investor at Amazon.com (where he worked as a consultant until 2000). He founded gear.com (which eventually merged with Overstock.com) and Avenue A Media (which was acquired by Microsoft in 2007 under the new name aQuantive for $ 6.4 billion).

In 2000, Hanauer co-founded the Seattle-based venture capital firm Second Avenue Partners. This company advises and finances start-up companies such as HouseValues ​​Qliance and Newsvine.

Civic engagement

Hanauer is a co-founder of The True Patriot Network, a progressive think tank founded on the concepts he and Eric Liu published in their 2007 book on patriotic progress, The True Patriot .

Hanauer and his wife Leslie jointly run the Nick and Leslie Hanauer Foundation, which deals with public education, environmental protection and many regional and national issues of modernizing society.

Hanauer actively participates in local politics in Seattle and in Washington's system of state education. He co-founded the League of Education Voters (LEV), a non-partisan political association that aims to improve the quality of public education in Washington. He also serves on the boards of the Cascade Land Conservancy and the University of Washington Foundation.

Hanauer appeared in Robert Reich's documentation , entitled Inequality for All, which presents the problem of the unequal distribution of wealth in the United States.

In June 2014, Hanauer wrote a guest article for Politico magazine , in which he predicts civil unrest that will turn against him and other members of the 0.1% of the richest people in the US if they don't address the problem of concentration of wealth to solve. He diagnosed the expected destruction of the middle class and the damage it would cause to the wealthy. He compared the current situation with the time before the outbreak of the French Revolution in the 18th century.

TED Talk controversy

In May 2012, several internet news channels reported that Hanauer's lecture from March 1, 2012 had not been broadcast by TED Talks . In his short presentation, Hanauer spoke about the inequality of income and wealth in the USA. This leads to difficulties for business start-ups. The consumption of the middle class is more important for the creation of new jobs than the wealth of entrepreneurs like himself. As a result, he recommended an increase in middle incomes for blue-collar workers instead of tax breaks for the rich. If tax cuts had benefited the rich, we would "drown in new jobs."

To justify the non-broadcast of the lecture, Chris Anderson, the curator of TED, stated that Hanauer's lecture was "explicitly partisan" and contained a number of unconvincing arguments. Jillian Berman of the Huffington Post expressed surprise that TED had previously broadcast lectures by Al Gore or David Cameron without any concerns. TED reserves the right to distribute only those talks it deems valuable. Hanauer expressed partial understanding for Anderson's decision in an interview. He can understand that his position in the business world is controversial and that Anderson may have been wrongly criticized too harshly for his decision. The lecture can be accessed on YouTube.

Anderson later decided to include Hanauer's later and more in-depth talk on a similar topic, TEDSalon NY2014. It was broadcast on August 12, 2014. Anderson also published a statement for his controversial decision and "buried" together with Hanauer "the hatchet". The lecture is now available on ted.com with the date August 2014.

Web links

Individual evidence

  1. ↑ Celebrity Net Worth - How rich is Nick Hanauer? Celebrity Net Worth, 2016, accessed April 25, 2016 (American English).
  2. ^ Eric Engleman: Nick Hanauer's 2007 - a ride on the tech wave. In: Puget Sound Business Journal. March 9, 2008, accessed September 9, 2014.
  3. ^ Pacific Coast Feather Company History. on fundinguniverse.com.
  4. ^ Nancy Kim: Seeking frame and fortune. November 21, 1999.
  5. ↑ Chris Isidore: Microsoft buys aQuantive for $ 6 billion In: CNNMoney May 18, 2007, accessed September 9, 2014.
  6. ↑ John Cook: Entrepreneurs as black sheep. In: Seattle Post-Intelligencer. November 2, 2006.
  7. ↑ Luke Timmerman: Qliance Raises $ 4M To Expand New Primary Care Model, Circumvent Health Insurers. Xconomy, July 7, 2009, accessed November 1, 2010 .
  8. ^ M. Alex Johnson: msnbc.com
  9. ^ Kashmir Hill: How The 'True Patriot Network' Tested Its Political Messages On The 99% Via Email. Forbes, February 27, 2012; archived from the original on March 3, 2012 ; Retrieved July 12, 2014 .
  10. ^ Mark Rahner: Authors plunge into meaning of “True Patriot”. In: Seattle Times. March 20, 2008, accessed November 1, 2010.
  11. ↑ About Friends of Waterfront Seattle. Friends of Waterfront Seattle, accessed July 12, 2014 .
  12. ^ League of Education Voters
  13. ↑ Nick Hanauer: The Pitchforks Are Coming ... For Us Plutocrats. In: Politico Magazine. 2014, accessed April 25, 2016 .
  14. ↑ Who are the Job Creators? June 15, 2013.
  15. ^ Jim Tankersley: Too Hot for TED: Income Inequality. In: National Journal. May 16, 2012.
  16. ↑ What Nick Hanauer's TED Talk on Income Inequality Too Rich for Rich People? In: TIME Business & Money. May 18, 2012.
  17. ↑ a b c d Jillian Berman: Nick Hanauer's TED Talk On Income Inequality Deemed Too 'Political' For Site [UPDATE]. In: The Huffington Post . May 17, 2012, accessed September 9, 2014.
  18. ↑ Chris Anderson: TED and inequality: The real story. In: TEDChris. May 17, 2012, archived from the original on April 30, 2013 ; Retrieved April 25, 2016 .
  19. ↑ Majority Report with Sam Seder , May 30, 2012.
  20. ↑ Youtube video Nick Hanauer.
  21. ↑ Anderson, Chris . How did Nick Hanauer get onto TED's home page ?!, TED Talks , August 12, 2014
  22. ↑ Anderson, Chris . How did Nick Hanauer get onto TED's home page ?!, TED Talks , August 12, 2014
  23. ↑ Nick Hanauer (1407855404): Beware, fellow plutocrats, the pitchforks are coming. Retrieved July 22, 2015.
personal data
SURNAME Hanauer, Nick
BRIEF DESCRIPTION American entrepreneur and venture capital investor
DATE OF BIRTH 1959
PLACE OF BIRTH New York City