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Summit (Entrepreneur Conference Organizers) To Buy Powder Mountain Ski Resort To Create Entrepreneur Community
Utah’s Powder Mountain is under new management. Very new.
The goal is to create a community of like-minded entrepreneurs who dig the Summit ethos of innovation, art and social impact with some hard partying mixed in.
The Summit Series, the five-year old entrepreneur conference run by a gang of mostly twenty-something nomads, is setting down roots. On December 3rd the Summit Group announced that it had taken over management of Utah’s Powder Mountain (rumors have been around for months) and is set to close the transaction in early 2013. With Powder comes an average of 500 inches of annual snowfall and 10,000 plus acres of ski-able terrain-the largest ski mountain in North America. The deal is set to close in early 2013.
Steven Bertoni
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New owners’ updates to keep Powder Mountain the same
Skiing
Summit’s young innovators scale back plans as they move forward.
By Mike Gorrell
Full Story: http://www.sltrib.com/sltrib/money/55393178-79/summit-powder-mountain-owners.html.csp
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