A Quote by Jeff Vespa
I ended up meeting this guy Stefan Simchowitz, who produced Requiem for a Dream and also went to AFI. I randomly met him in Cannes. By September of 2000, we had made a deal with this company that he was working with. They merged with us and in January of 2001, we opened WireImage. It was pretty crazy because I only started shooting celebrity stuff in 1998 - literally two and a half years later, I'm opening this company.
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When I arrived at Campbell on January 8, 2001, the company had lost half its market value in the prior year. They had to cut costs to the point where they were literally taking the chicken out of chicken noodle soup and the product was no longer competitive.
Whenever I talk to people who founded a company, I often like to ask the prehistory questions 'When did you meet? How long have you been working before you started the company?' A bad answer is, 'We met at a networking event a week ago, and we started a company because we both want to be entrepreneurs.'
I actually met one of my business partners [Neal Dodson] at the Governor's School summer program, so we've known each other since we were 15 and 16 years old, and we both ended up at Carnegie Mellon together. He started working for a producer out of school after a few years, and then we started the company together.
I didn't grow up with [Buckminster Fuller]. I never met him. I was once close to meeting him as a child at a ski resort one summer. He died in 1983. Only in 1999 or so, 2000, when I was working as an editor at San Francisco Magazine, did I really come back around to that name because Stanford University had just acquired the archive.
Once I heard Karunakaran was part of 'Lingaa,' I told him to somehow arrange for me to meet Thalaivar. The 'Jigarthanda' team met him when he was shooting in Shimoga. It was a memorable meeting, as he opened the door for us, sat, and answered whatever we asked him. And, I got to meet him twice in two days!
I started my modelling career by sending my pictures to American Apparel and eventually meeting my friend Petra Collins, who started shooting me for magazines around New York. I ended up signing a modelling contract with Wilhelmina Models a couple of years later.
I'm pretty sure my mom is the only person on the planet who thinks that she got cancer so that I could find my calling in life, but as I started to build this company, all my years of useless education, random jobs, and weird interests merged into this serendipitous moment.
What happened was I was a songwriter on Quincy Jones' publishing company, Qwest, for two and a half years before I gave him the song for Michael Jackson. He had a meeting with the songwriters. I think there were about six of us on the West Coast and we all had a meeting at his house where he sort of gave us an outline of what he wanted. To finish this BAD album Jones needed one more song to round out the album. I took notes and then I then took my notes to my writing partner Glen Ballard.
It 2001 when we started. But prior to that, I had made this website called sundancepics.com, where me and this other photographer, Randall Michelson, could sell our images from Sundance online and it was successful. Steve Granitz, who's my main partner at WireImage, we were already working together, and I was like, "Look dude, this is it. We can do this."
Our first 100 rides took us one-and-a-half years from the time we started in January 2011. It was only after that we started scaling up rapidly.
I never said that I wanted to be the only company, is it my fault that I ran my company well? Wouldn't you want the best for your company? Also consider that I started of small.
I ended up meeting my manager because my sister was a receptionist at a management company. My manager is actually my same manager that I have today. That's how it started. I worked my way.
When I started my first company, I still had a 40-hour a week job. I was working on my company on nights and weekends before I took the plunge and gave up a salary.
I'm thinking, That's Barack Obama. He doesn't go to work. He doesn't go down to Congress and make a deal. What the hell's he doing sitting in the White House? If I were in that job, I'd get down there and make a deal. Sure, Congress are lazy bastards, but so what? You're the top guy. You're the president of the company. It's your responsibility to make sure everybody does well. It's the same with every company in this country, whether it's a two-man company or a two-hundred-man company... . And that's the pussy generation - nobody wants to work.
At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn't a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn't yet a fully integrated, coordinated company.
If the only common thread you have as an industrial company is the fact that you think you're well managed, you can still be a pretty good company, but you're not going to be a dominant company, a competitive company over time.
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