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	<title>Betabeat &#187; The Rise and Fall of New York Founders on Vanity Fair’s &#8216;New Establishment&#8217; List</title>
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		<title>Betabeat &#187; The Rise and Fall of New York Founders on Vanity Fair’s &#8216;New Establishment&#8217; List</title>
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		<title>The Rise and Fall of New York Founders on Vanity Fair’s &#8216;New Establishment&#8217; List</title>

		<comments>http://betabeat.com/2012/09/new-york-city-tech-vanity-fair-new-establishment-list-october-issue-09062012/#comments</comments>
		<pubDate>Thu, 06 Sep 2012 11:05:35 -0400</pubDate>
					<link>http://betabeat.com/2012/09/new-york-city-tech-vanity-fair-new-establishment-list-october-issue-09062012/</link>
			<dc:creator>Nitasha Tiku</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=61389</guid>
		<description><![CDATA[<p><div id="attachment_61399" class="wp-caption aligncenter" style="width: 624px"><a href="http://www.vanityfair.com/business/new-establishment/2012"><img class=" wp-image-61399" title="Vanity Fair silicon Alley" src="http://nyobetabeat.files.wordpress.com/2012/09/photo-1-e1346940326100.jpg" alt="" width="614" height="458" /></a><p class="wp-caption-text">(Photo: Vanity Fair)</p></div></p>
<p>Annie Leibovitz's <a href="http://betabeat.com/2012/07/annie-leibovitz-vanity-fair-dennis-crowley-david-karp-fred-wilson-mayor-bloomberg-07312012/">Silicon Alley photo shoot</a> has finally made its way into print, as part of <em>Vanity Fair</em>’s annual "<a href="http://www.vanityfair.com/business/new-establishment/2012">New Establishment" list</a>. As we'd hoped, the magazine opted to pose <strong>Arianna Huffington</strong> in the sidecar of <strong>David Karp</strong>’s vintage motorcycle. (Guest appearance by Mr. Karp's "French-English bulldog," <a href="http://www.davidslog.com/7614984135/adventure-clark">Clark</a>.) Only in the version that made the October issue, <strong>Dennis Crowley</strong> is depicted emerging from a manhole, avec le swag. As before, the annual list is chockablock with tech types, but just like last year, Silicon Valley dominates.</p>
<p><strong>Peter Thiel</strong> comes in at no. 37, repping for libertarian utopias between Tyler Perry and Ryan Seacrest. <strong>Elon Musk</strong> is no. 9 on the list, two rungs higher than Adele, <em>but </em>one spot below a new entrant: Pinterest's <strong>Ben Silberman</strong>, no. 8. Despite Square's <a href="http://betabeat.com/2012/08/square-scores-a-venti-sized-deal-from-starbucks-to-process-all-credit-and-debit-cards/">caffeine-fueled growth</a>, <strong>Jack Dorsey</strong> stayed at the no. 5 spot, but finally got the fashion props he's been waiting for. "It’s a Prada suit; for everyday wear, it’s denim from Scott Morrison’s Earnest Sewn line, which was the first brand to use Twitter."</p>
<p>Scattered among the elite are a handful of New York techies, present and accounted for. By and large, it's the same group of people as last October, although it's interesting to note how <em>Vanity Fair </em>assesses their power ranking, <a href="http://www.vanityfair.com/online/daily/2011/09/the-2011-new-establishment-list--and-the-top-spot-goes-to---?mobify=0">year-over-year</a>.<!--more--></p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/18-herb-allen-III"><strong>Herb Allen III, Allen &amp; Co.: </strong></a>Mr. Allen, one of the underwriters for Facebook's contentious IPO, <strong>moved up one spot from no. 19 to no. 18</strong>. "Managed to stay under the radar as Morgan Stanley took the blame for the bungled offering."</p>
<p><strong>Sean Parker, entrepreneur</strong>: Last year, the <a href="http://observer.com/2011/01/tech-bigs-buy-villages-bacchus-house-where-napster-once-partied-update-the-buyer-iisi-sean-parker/">owner of Bacchus House</a> in the West Village came in at no. 34. <strong>This year, he's off the list entirely</strong>. A critique of Airtime's <a href="http://venturebeat.com/2012/08/07/airtime-has-done-almost-nothing-since-its-june-launch/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Venturebeat+%28VentureBeat%29">ho-hum adoption rates</a>, perhaps?</p>
<p><strong><a href="http://www.vanityfair.com/business/new-establishment/2012/23-fred-wilson">Fred Wilson, Union Square Ventures, Flatiron Partners</a>:</strong> Mr. Wilson is moving up in the world--and fast! He <strong>jumped from no. 35 last year to no. 23</strong>, outranking fellow tech investor Ashton Kutcher (no. 25), if you can believe that.</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/49-dennis-crowley"><strong>Dennis Crowley, Foursquare</strong></a><a href="http://www.vanityfair.com/business/new-establishment/2012/49-dennis-crowley">:</a> Mr. <del>Manhole</del> Crowley <strong>dropped four places from no. 45 to no. 49</strong>. C'mon, doesn't a Best Buy commercial during the Olympics count for anything these days? <em>Vanity Fair</em> pegs Naveen Selvadurai's <a href="http://betabeat.com/2012/03/defoundering-naveen-selvadurai-foursquare/">recent de-foundering</a> as a "power play."</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/42-kevin-ryan"><strong>Kevin Ryan, Gilt Groupe, Business Insider</strong>:</a> The DoubleClick alum, recently profiled in <em>The</em> <em>New York Times</em> for <a href="http://www.nytimes.com/2012/09/01/technology/alleycorp-seeds-a-blossoming-internet-hub-in-new-york.html?pagewanted=all">AlleyCorp's stable of winners</a>, <strong>moves up from no. 46 last year to no. 42</strong>, with a nod to Gilt Groupe's impending IPO.</p>
<p><strong>Henry Blodget, Business Insider</strong>: Mr. Blodget, your caps lock key's best friend, <strong>fell off the list this year, from 2011's perch at no. 48</strong>. That's okay, he'll keep <a href="http://www.businessinsider.com/facebook-search-2012-8">advising Facebook</a> from the side.</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/44-david-karp"><strong>David Karp, Tumblr</strong>:</a> Consider this Mr. Karp's coming out party. Last year, the 26-year-old was relegated to the magazine's "<em>Next </em>Establishment" list. But this year, <strong>he debuted at no. 44</strong>, just behind Lena Dunham (no. 43) despite Tumblr's influence among navel-gazing millenials.</p>
<p><div id="attachment_61425" class="wp-caption alignleft" style="width: 122px"><a href="http://www.vanityfair.com/business/2012/10/max-chafkin-art-kickstarter"><img class="size-thumbnail wp-image-61425" title="Kickstarter Vanity Fair" src="http://nyobetabeat.files.wordpress.com/2012/09/cn_image-size-kickstarter.jpeg?w=112" alt="" width="112" height="150" /></a><p class="wp-caption-text">(Photo: Vanity Fair)</p></div></p>
<p>Honorable Mention: <strong>Perry Chen</strong>, <strong>Charles Adler</strong> and <strong>Yancey Strickler</strong>, Kickstarter. The crowdfunders didn't make the list, but they did get a get <a href="http://www.vanityfair.com/business/2012/10/max-chafkin-art-kickstarter">a brief profile</a> in the issue--and a chance to model some well-cut skinny suits. <em>Vanity Fair</em> gives the cofounders, recently <a href="http://betabeat.com/2012/09/kickstarter-reminds-us-backers-better-beware-because-theres-no-refunds/">scuffed up in the press</a> for overfunded projects' <a href="http://www.bloomberg.com/news/2012-08-21/kickstarter-s-funded-projects-see-some-stumbles.html">failure to deliver</a>, a shout out for creating "a new product category: the indie gadget." By this time next year, we predict they'll be hovering around no. 45 for ushering in the resurgence of hardware.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_61399" class="wp-caption aligncenter" style="width: 624px"><a href="http://www.vanityfair.com/business/new-establishment/2012"><img class=" wp-image-61399" title="Vanity Fair silicon Alley" src="http://nyobetabeat.files.wordpress.com/2012/09/photo-1-e1346940326100.jpg" alt="" width="614" height="458" /></a><p class="wp-caption-text">(Photo: Vanity Fair)</p></div></p>
<p>Annie Leibovitz's <a href="http://betabeat.com/2012/07/annie-leibovitz-vanity-fair-dennis-crowley-david-karp-fred-wilson-mayor-bloomberg-07312012/">Silicon Alley photo shoot</a> has finally made its way into print, as part of <em>Vanity Fair</em>’s annual "<a href="http://www.vanityfair.com/business/new-establishment/2012">New Establishment" list</a>. As we'd hoped, the magazine opted to pose <strong>Arianna Huffington</strong> in the sidecar of <strong>David Karp</strong>’s vintage motorcycle. (Guest appearance by Mr. Karp's "French-English bulldog," <a href="http://www.davidslog.com/7614984135/adventure-clark">Clark</a>.) Only in the version that made the October issue, <strong>Dennis Crowley</strong> is depicted emerging from a manhole, avec le swag. As before, the annual list is chockablock with tech types, but just like last year, Silicon Valley dominates.</p>
<p><strong>Peter Thiel</strong> comes in at no. 37, repping for libertarian utopias between Tyler Perry and Ryan Seacrest. <strong>Elon Musk</strong> is no. 9 on the list, two rungs higher than Adele, <em>but </em>one spot below a new entrant: Pinterest's <strong>Ben Silberman</strong>, no. 8. Despite Square's <a href="http://betabeat.com/2012/08/square-scores-a-venti-sized-deal-from-starbucks-to-process-all-credit-and-debit-cards/">caffeine-fueled growth</a>, <strong>Jack Dorsey</strong> stayed at the no. 5 spot, but finally got the fashion props he's been waiting for. "It’s a Prada suit; for everyday wear, it’s denim from Scott Morrison’s Earnest Sewn line, which was the first brand to use Twitter."</p>
<p>Scattered among the elite are a handful of New York techies, present and accounted for. By and large, it's the same group of people as last October, although it's interesting to note how <em>Vanity Fair </em>assesses their power ranking, <a href="http://www.vanityfair.com/online/daily/2011/09/the-2011-new-establishment-list--and-the-top-spot-goes-to---?mobify=0">year-over-year</a>.<!--more--></p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/18-herb-allen-III"><strong>Herb Allen III, Allen &amp; Co.: </strong></a>Mr. Allen, one of the underwriters for Facebook's contentious IPO, <strong>moved up one spot from no. 19 to no. 18</strong>. "Managed to stay under the radar as Morgan Stanley took the blame for the bungled offering."</p>
<p><strong>Sean Parker, entrepreneur</strong>: Last year, the <a href="http://observer.com/2011/01/tech-bigs-buy-villages-bacchus-house-where-napster-once-partied-update-the-buyer-iisi-sean-parker/">owner of Bacchus House</a> in the West Village came in at no. 34. <strong>This year, he's off the list entirely</strong>. A critique of Airtime's <a href="http://venturebeat.com/2012/08/07/airtime-has-done-almost-nothing-since-its-june-launch/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Venturebeat+%28VentureBeat%29">ho-hum adoption rates</a>, perhaps?</p>
<p><strong><a href="http://www.vanityfair.com/business/new-establishment/2012/23-fred-wilson">Fred Wilson, Union Square Ventures, Flatiron Partners</a>:</strong> Mr. Wilson is moving up in the world--and fast! He <strong>jumped from no. 35 last year to no. 23</strong>, outranking fellow tech investor Ashton Kutcher (no. 25), if you can believe that.</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/49-dennis-crowley"><strong>Dennis Crowley, Foursquare</strong></a><a href="http://www.vanityfair.com/business/new-establishment/2012/49-dennis-crowley">:</a> Mr. <del>Manhole</del> Crowley <strong>dropped four places from no. 45 to no. 49</strong>. C'mon, doesn't a Best Buy commercial during the Olympics count for anything these days? <em>Vanity Fair</em> pegs Naveen Selvadurai's <a href="http://betabeat.com/2012/03/defoundering-naveen-selvadurai-foursquare/">recent de-foundering</a> as a "power play."</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/42-kevin-ryan"><strong>Kevin Ryan, Gilt Groupe, Business Insider</strong>:</a> The DoubleClick alum, recently profiled in <em>The</em> <em>New York Times</em> for <a href="http://www.nytimes.com/2012/09/01/technology/alleycorp-seeds-a-blossoming-internet-hub-in-new-york.html?pagewanted=all">AlleyCorp's stable of winners</a>, <strong>moves up from no. 46 last year to no. 42</strong>, with a nod to Gilt Groupe's impending IPO.</p>
<p><strong>Henry Blodget, Business Insider</strong>: Mr. Blodget, your caps lock key's best friend, <strong>fell off the list this year, from 2011's perch at no. 48</strong>. That's okay, he'll keep <a href="http://www.businessinsider.com/facebook-search-2012-8">advising Facebook</a> from the side.</p>
<p><a href="http://www.vanityfair.com/business/new-establishment/2012/44-david-karp"><strong>David Karp, Tumblr</strong>:</a> Consider this Mr. Karp's coming out party. Last year, the 26-year-old was relegated to the magazine's "<em>Next </em>Establishment" list. But this year, <strong>he debuted at no. 44</strong>, just behind Lena Dunham (no. 43) despite Tumblr's influence among navel-gazing millenials.</p>
<p><div id="attachment_61425" class="wp-caption alignleft" style="width: 122px"><a href="http://www.vanityfair.com/business/2012/10/max-chafkin-art-kickstarter"><img class="size-thumbnail wp-image-61425" title="Kickstarter Vanity Fair" src="http://nyobetabeat.files.wordpress.com/2012/09/cn_image-size-kickstarter.jpeg?w=112" alt="" width="112" height="150" /></a><p class="wp-caption-text">(Photo: Vanity Fair)</p></div></p>
<p>Honorable Mention: <strong>Perry Chen</strong>, <strong>Charles Adler</strong> and <strong>Yancey Strickler</strong>, Kickstarter. The crowdfunders didn't make the list, but they did get a get <a href="http://www.vanityfair.com/business/2012/10/max-chafkin-art-kickstarter">a brief profile</a> in the issue--and a chance to model some well-cut skinny suits. <em>Vanity Fair</em> gives the cofounders, recently <a href="http://betabeat.com/2012/09/kickstarter-reminds-us-backers-better-beware-because-theres-no-refunds/">scuffed up in the press</a> for overfunded projects' <a href="http://www.bloomberg.com/news/2012-08-21/kickstarter-s-funded-projects-see-some-stumbles.html">failure to deliver</a>, a shout out for creating "a new product category: the indie gadget." By this time next year, we predict they'll be hovering around no. 45 for ushering in the resurgence of hardware.</p>
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