We really don’t pay much attention to the E&Y Entrepreneur thingamajigs because, well, it’s boring. Sure, we like entrepreneurs just fine but c’mon. These guys are filthy rich and successful and E&Y gives them trophies? Is this sort of commercial circle jerk really necessary? Regardless of our personal feelings, the awards are a big deal – Jay Leno hosted this year’s event for crissakes – and the Google News feed for E&Y is constantly clogged with stories about people advancing to the next round of voting like some sort of capitalist March Madness.
Anyway, Casa de Turley officially announced this year’s winners over the weekend and Reid Hoffman and Jeff Weiner, founders of Facebook for Suits LinkedIn, are your entrepreneuriest entrepreneurs.
In addition to the dynamic duo there are quite a few guys you’ve never heard of that are doing well for themselves including Roger Linquist and Jose R. Mas. See? Never heard of them, have you?
There are also some winners that you have heard of including Andrew Mason, one of the co-founders of virtual clipfest and increasingly looking insolvent Groupon. As well as Patrick Byrne, the founder of Overstock.com. You know, the guy on the Segway. The guy who Sam Antar can’t help to poke and prod every chance he gets. The guy whose company is being sued by seven California counties thanks to a Walmart sticker. The guy who may have had some weirdo trolling a bunch of bloggers’ Facebook friends. Yes, that Patrick Byrne.
But HEY! not every entrepreneur can be squeaky clean. It’s not like he’s Pete Rose or anything. Unless you count this.
[via E&Y]
LMFAO
Julie sent out an email to all US personnel about 15 minutes ago. bye-bye Carmine
Can someone please send it over so we can see it? editor@goingconcern.com
Carmine legacy
Not a surprise. When can we expect the going concern article about PWC “executives” galavanting around with Clarence Thomas and his billionaire buddy
Way to be that guy and bring politics into this. Moron.
His comment wasn’t political. It was judicial. A crooked judge who should never have been given a lifetime job and by all accounts the judge with the least judicial knowledge. That is until Kavanaugh and Coney Barrett got there
Love this UK partner’s comments (Anna Anthony). She must be an idiot. Deferred or delayed projects – so they will spend the $400 million – but what about the $600 million?!! EY’s UK firm is planning cost-cuts. Carmine must go as well – just looking to line his pockets ($10 million+) and CEO for the lucrative public consulting company – sorry Carmine, no dice!
Besides her, others heads need to roll; this will have a major impact on its culture for years to come (and with recruiting). “Never Mind” says the recruiters.
>>The firm spent $600 million and more than a year working on the split, executives said on internal webcasts on Wednesday. That tally includes $300 million of payments to a raft of top-tier investment banks and law firms and other outside costs, as well as $300 million of partner time and other costs within the firm. <>Anna Anthony, a senior executive at EY’s U.K. arm, played down the spending on a call with partners, saying the cost was offset by $400 million that EY saved on projects that were delayed or deferred because of the proposed split.<<