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

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

Subscribe to our newsletter to catch every headline.

It's never been a better time to "murder your thirst."

Seven months after raising more than $9 million in Series A funding, Santa Monica-based canned water startup Liquid Death has raised $23 million in Series B funding.

The round was led by an unnamed consumer-focused family office and participated in by Convivialité Ventures, Fat Mike (NOFX), Pat McAfee, existing investor in Velvet Sea Ventures and others.

Read more Show less

Sometimes it's better not to raise money. I know this sounds strange coming from me. I'm an angel investor in over 50 startups, my Twitter is essentially a ticker for funding news and I've always been a huge proponent for going public, which requires a long road of investments along the way. But there are great reasons to turn down venture capital investment and bootstrap it yourself or take just a small amount of funding. This was the crux of my discussion the other day with a founder facing this big decision on whether to raise a seed round.

This founder's company is getting great customer traction within a niche of a skyrocketing industry that has some very powerful players. He's at a fork in the road. If he pursues funding, he'll likely be able to raise a round. But is it the right thing?

Read more Show less

Amazon unveiled a new lineup of spherical Echo devices, an autonomous flying indoor Ring security camera, a new cloud gaming service, and new features to help Alexa converse and interact more naturally with users.

The flurry of news came Thursday morning during the company's annual Devices & Services event, a virtual version of a fall tradition in which the company typically shows its newest Echo speakers and other Alexa-enabled devices.

Read more Show less
RELATEDEDITOR'S PICKS

Trending