My Favorite Mistake: Harvey Weinstein
Weinstein, Harvey, Newsweek
Byline: Harvey Weinstein
Harvey Weinstein on smoking with Kate Moss--and his failed social network.
There are two things that come very easily to me: rooting for New York sports teams and making mistakes. One of my all-time classics happened when I took a plane to England and ran into Kate Moss and Linda Evangelista on the flight. They were both dating friends of mine and couldn't have been happier to see me. They wanted to initiate me, as I was a two-pack-a-day smoker, into their habit of smoking in the bathroom on the plane. So, whenever one of them was there, I got away with it. But the one time I tried it myself, I got caught. I said to the attendant, "When I smoked with Kate Moss, you never busted me," and he replied with the magic words: "You are no Kate Moss." Could there be a truer statement? They nearly arrested me, and I had to go to court and pay a small fortune for my activities.
In business, one of my all-time doozies was when I first started the Weinstein Co. I bought controlling interest in an Internet company called A Small World. The company functioned just like Facebook, except it was exclusive--you could only sign up if your friends were already in. It originated just weeks before Facebook got big. I thought this idea was way ahead of its time and we could sell advertising and eventually memberships. The first thing we did was concentrate on selling ads. Meanwhile, all the other sites concentrated on services to make theirs better. I ignored the technology and went after the bottom line. When I make a movie, I never think bottom line. I just think of how good the movie can be and sometimes I go over budget because I have a vision. …