'I Tricked You All': Paris Hilton Opens Up at the Upfront Summit

Ben Bergman

Ben Bergman is the newsroom's senior finance reporter. Previously he was a senior business reporter and host at KPCC, a senior producer at Gimlet Media, a producer at NPR's Morning Edition, and produced two investigative documentaries for KCET. He has been a frequent on-air contributor to business coverage on NPR and Marketplace and has written for The New York Times and Columbia Journalism Review. Ben was a 2017-2018 Knight-Bagehot Fellow in Economic and Business Journalism at Columbia Business School. In his free time, he enjoys skiing, playing poker, and cheering on The Seattle Seahawks.

'I Tricked You All': Paris Hilton Opens Up at the Upfront Summit
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The Upfront Summit heads into its second day on Thursday. But, there's still a bit of buzz from an unlikely speaker who closed out last night's roster of keynotes -- a surprisingly shy Paris Hilton, who said she was intimidated speaking to a room of hundreds of investors.

"I'm very nervous up here," she said. "I'm used to being at Tomorrowland or Ibiza with a thousand people dancing. Everyone is so serious here."


Hilton emphasized her serious side, pointing out that she is very different in real life than the character she played on reality TV.

She says she exercises full control over her 19 product lines and spends 250 days a year flying around the world making appearances, which reportedly earn her up to a million dollars a piece (a figure she wouldn't confirm).

"I didn't get this far being a dumb blonde, just pretending to be," said Hilton. "I tricked you all." Speaking about how she approached her first reality show, The Simple Life, which debuted in 2003, Hilton put it this way: "I was trying to be entertaining on the show. I knew exactly what I was doing. It was all very planned and calculated."

Hilton said she is actually a tomboy who enjoys outdoor activities more than partying in clubs.

"The media mostly just sees the glitz and glam, but that's not really my thing," she said.

The Upfront Summit is expected to attract more than 1,200 attendees flocking to the Rose Bowl Jan. 29-30. The invite-only event brings together a diverse mix of entrepreneurs networking with venture players armed with billions of dollars in capital, and headlined by presentations from business leaders including Steve Ballmer, Quibi Chief Executive Meg Whitman, and Union Square Ventures' Fred Wilson.

Links to the conference agenda and the livestream can be found here.

Upfront Ventures holds a non-controlling, minority interest in dot.LA

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Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy

Kristin Snyder

Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy
Photo by Venti Views on Unsplash

Netflix promised change after its poor first-quarter earnings. One of the first targets: the Netflix Culture document.

The changes, which Variety reported on Thursday, indicate a new focus on fiscal responsibility and concern about censorship. While promises to support honest feedback and open decision-making remain, the memo’s first update in almost five years reveals that the days of lax spending are over. The newly added “artistic expression” section emphasizes Netflix’s refusal to censor its work and implores employees to support the platform’s content.

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‘Raises’: Mahmee Secures $9.2M, Wave Financial Launches $60M Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Raises
Image by Joshua Letona
In this week’s edition of “Raises”: It was another slow week on the deal front, but one maternal health startup, with a mission to fight maternal mortality, landed a deal with growth equity business Goldman Sachs. Meanwhile, a Los Angeles-based investment firm is launching its 8th digital asset fund of $60 million.
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