• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

3

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

3

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
LeadershipBook Excerpt

Barry Diller admits he underestimated Steve Jobs and reveals one of the ‘most powerful epiphanies of my life’

By
Barry Diller
Barry Diller
Down Arrow Button Icon
By
Barry Diller
Barry Diller
Down Arrow Button Icon
May 20, 2025, 7:52 AM ET
"Who Knew," by Barry Diller.
"Who Knew," by Barry Diller.Courtesy of Simon & Schuster

Steve Jobs asked me to ­fly up to San Jose so I could see a movie he was in the middle of making for this unknown company he’d acquired called Pixar. But first he wanted to show me what he was doing with a “revolutionary” computer system at another new company of his called NeXT. It hadn’t been going that well because its complex yet elegant design couldn’t find a market, given the absolute domination of Microsoft.

I went to the NeXT office, where Steve showed me a few scenes from Toy Story, and asked if I would join the Pixar board. I said I’d have to think about it. I didn’t want to commit myself and didn’t want to insult him, but I’d never been much interested in animation and had never made any animated movies. I don’t really understand the form and I thought this new Pixar work was awkward, and, separating me from most of the world, I didn’t get any of the charm of Toy Story.

I ended the night saying, “Look, I’m being really shy about making commitments to do anything.”

Steve said, “This is ridiculous. This is going be a giant hit. Pixar’s going to be a very big company. You’ll own a really nice slice of it. Why won’t you do it?”

I said, “I don’t know, please let me think on it.”

I got back on the plane adamant about keeping my mantra of independence for as long as possible, so a few days later I called him and said, “Thank you, but I just don’t want to do this.”

I completely underestimated the company and the man.

What a dunce.

By the summer of 1992, I hadn’t made any progress and was worried the world would pass me by. I’d soon just be the forgotten man—a once high-flying executive, sidelined.

Nothing filled my head but negatives.

Here’s all I knew:

I wanted to count. Which is all that’s ever really driven me. I wanted to do something that mattered.

Of course, that means di­fferent things to diff­erent people, and it meant something diff­erent to me at fifty than it had when I was twenty-five. It didn’t have to be grand, but it did have to excite my curiosity.

People say I’m competitive. I’m not really, at least according to the standard definition, which is wanting to best another person. Competing, for me, is simply wanting to succeed. I have no need for anyone else to fail in order to consider myself a success. I don’t have to be the first at the finish line. I just have to get there.

Growing up in the kind of family I did, with parents and a brother to whom I never mattered, what became necessary for me was to count in whatever world I found myself. I couldn’t be cellophane. Or a cipher. Feeling invisible for me was death. After six months of driving across this vast country, and taking meaningless meetings with people in whom I had no interest, I still had no idea what I was going to do. I was increasingly worried my career and life had peaked. The days ambled by aimlessly and anxiously.

Until, that is, one momentous day when Diane told me about a television shopping channel called QVC, the acronym for Quality Value Convenience. It sold all sorts of merchandise directly to viewers. I’d never heard of it before. She said since I was stuck in this limbo, I ought to go to the wilds of Pennsylvania, where it was located, to see the operation and report back if it would be worthwhile for her to sell her clothes on the channel.

It is no understatement to say that trip gave me one of the purest and most powerful epiphanies of my life. I didn’t know it then, but it would turn out to be my way forward.

At ABC, Paramount, and Fox, I had known what could be done with video screens: we told stories on them. But when I went to QVC in that eventful year of 1992, I watched a screen do something I’d never realized it could do. It wasn’t just a passive one-way delivery system of content. At QVC I witnessed the primitive convergence of telephones and televisions and computers all working together. They were interactive. There was a little video monitor on the set that showed the number of calls coming in when a product was off­ered for sale. The vertical lines representing the calls rose during the period of the sales pitch, and then, when it ended, they subsided.

I was thunderstruck. To me, those calls were like watching waves coming to shore. I thought, Screens don’t have to be just for narrative, for telling stories. Screens can interact with consumers—that was the epiphany. It was clunky and rudimentary and I had no clear idea how to turn that revelation into action, but it sat there for a while warming up on the back plate of my brain.

From Who Knew by Barry Diller. Copyright © 2025 by Barry Diller. Reprinted by permission of Simon & Schuster, Inc. All rights reserved.

About the Author
By Barry Diller
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Lucas gestures while sitting.
LawEEOC
The EEOC chair knows gutting diversity reporting will blind the agency to discrimination. She’s doing it anyway.
By Jacqueline MunisMay 28, 2026
58 minutes ago
A huge pile of multicolored poker chips.
AIEye on AI
Tokenmaxxing is over. That’s because it never measured what really counts to see ROI from AI
By Jeremy KahnMay 28, 2026
2 hours ago
Marc Benioff, chief executive officer of Salesforce
SuccessJobs
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
By Emma BurleighMay 28, 2026
6 hours ago
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
NewslettersMPW Daily
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
By Claire ZillmanMay 28, 2026
6 hours ago
Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans
Successthe future of work
Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans
By Preston ForeMay 28, 2026
6 hours ago
Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
C-Suitechief executive officer (CEO)
Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
By Claire ZillmanMay 28, 2026
6 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
7 days ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
1 day ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
1 day ago
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
Economy
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
By Tristan BoveMay 27, 2026
1 day ago
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
North America
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
By Jocelyn Gecker and The Associated PressMay 26, 2026
2 days ago
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
By Preston ForeMay 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.