April 26, 2024

Marc Benioff Explains Why He Is Buying Time Magazine

If Meredith didn’t buy Time Inc. this never would have happened. Meredith is the key player.

You’re going to be 54 soon. Do you have any dreams left to fulfill?

I live with a beginner’s mind. I didn’t realize two weeks ago I was going to buy Time.

(Mr. Benioff texts a screenshot of a quote from the Zen master Suzuki: “In the beginner’s mind there are many possibilities, in the expert’s mind there are few.”)

My power was that I didn’t really want to do anything but I was open to all possibilities.

Will you move Time magazine to San Francisco?

No, it will stay in New York. I’m not going to get involved operationally. We don’t get operationally involved in our investments. I’m busy enough with my job. They have a great team. It’s a very strong business. Very profitable.

Meredith will continue to be a key partner going forward.

Will you be involved spiritually?

I feel our values are aligned. Trust is my highest value and it is Time’s as well.

I thought journalism was Time’s highest value. Did you read Time as a kid? Or an adult?

Yes, always loved it.

Would you hope interviews in Time magazine are more probing than this?

“I’ve decided I can only be myself. Everyone else is taken.” — Oscar Wilde.

Thanks for your time. How is the massage?

Paulene is amazing. Let me know if you want her number.

Article source: https://www.nytimes.com/2018/09/17/technology/marc-benioff-time-magazine-meredith.html?partner=rss&emc=rss

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