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48-614: Originally a ranch, Thacher's 540-acre campus supports formal horse and outdoors programs. School founder Sherman Day Thacher believed in the power of the outdoors to help shape students: “Come West, breathe deep, let these hills be your teachers.” In 2019, the school's older buildings were listed on the U.S. National Register of Historic Places . In 1887, Sherman Day Thacher moved to the Casa de Piedra ("CdeP") orange ranch in Nordhoff, California (later renamed to Ojai) with his brother, who

96-462: A confidentiality agreement that included a nondisparagement clause requiring them not to criticize the site during or after their employment. Early in 2020, CEO Henry Blodget convened a meeting in which he announced plans for the website to acquire 1 million subscribers, 1 billion unique visitors per month, and over 1,000 newsroom employees. The parent companies of Business Insider and eMarketer merged in 2020 in connection with

144-834: A 168-page supplemental report in February 2023. As summarized by the Los Angeles Times , MTO investigators "laid out episodes of alleged rape, groping, unwanted touching and inappropriate comments dating back 40 years in a level of detail surprising for a private institution." Collectively, the reports identified ten alleged perpetrators by name, collected incidents related to other, unnamed, alleged perpetrators, and disclosed allegations that former school administrators covered up student complaints. With respect to contemporary incidents, MTO said that it did not receive any "firsthand, credible reports" of sexual misconduct by current school employees. In 2023, Thacher disclosed that in 2021,

192-650: A BA in 1816. The couple shared nine children. In addition to three sons who died in infancy, they had Elizabeth, George Blake, Anson Stiles, Helen Sherman, Harriet Janet, and Sherman Day, Jr. All three of their sons, George Blake. Anson Stiles, and Sherman Day Jr., carried on the family Yale tradition, in 1925, 1927 and 1936 respectively. (George Blake would go on to attend the Massachusetts Institute of Technology in 1927.) Two of their daughters, Helen Sherman and Harriet Janet, attended Smith College (1930, 1934). Their eldest child, Elizabeth, graduated from

240-546: A current Thacher student had made an allegation of student-on-student physical abuse, and the school administration had inadvertently (that is, "not due to any deliberate effort to obfuscate") delayed reporting the allegation to law enforcement for a period of months. The same year, the school had promptly reported a contemporary allegation of student-on-student sexual abuse. In 2023, the Ventura County Sheriff's Office declined to file criminal charges, citing

288-599: A horse during all athletic seasons their freshman year at Thacher, while students who join at later grades complete the requirement during one athletic season. An annual gymkhana event provides students the opportunity to demonstrate horsemanship in competition. Though Western-style riding is required, the Horse Program offers an English riding elective in grades 10–12. As part of the Outdoors Program, students are encouraged to take weekend camping trips into

336-503: A liberal policy on the use of anonymous sources . It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but has also been criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $ 343 million (€306 million), implying

384-538: A middle-50% SAT score range of 1300-1520 and an average ACT score of 30. Thacher has an astronomical research program, where students participate in astrophysics research in collaboration with teams at Harvard University, Boston University, the University of California at Santa Cruz, and the Las Cumbres Observatory. The observatory was brought to campus in 1965 by Caltech and UCLA as part of

432-537: A network of trails that links the campus to the adjacent Los Padres National Forest. The school maintains base camps in the Sespe Wilderness and the Eastern Sierra's Golden Trout Wilderness, which it uses for backcountry trips, educational programs and alumni retreats. The school also hosts a game room, sand volleyball courts and two wellness centers. While The Thacher School's symbol has always been

480-758: A number of other positions, honorary and actual. From 1898 to 1912, he was trustee of the San Antonio District School. From 1908 to 1922, he was president of the board of trustees of Nordhoff High School in California. He stood as president of the Headmasters Association of the Pacific Coast Private Schools for Boys from 1930 to 1931. He was an honorary member of the Headmasters Association of Eastern Private Schools for Boys. From 1918 to 1919, he

528-656: A salesman for W. & J. Sloane in New York City, before, in 1886, he earned a Bachelor of Laws with honors from Yale, taking the Townsend Prize and the John Addison Porter Prize. In 1923, Yale would bestow upon him an honorary Master of Arts . During his college career, he was a member of Delta Kappa Epsilon , Psi Upsilon , and Skull and Bones . In 1926, Occidental College of Los Angeles made him an honorary charter member of

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576-532: A series of comics that told the story of one woman's experience escaping China's persecution of Uyghurs , was created by illustrator Fahmida Azim alongside art director Anthony Del Col , writer Josh Adams , and editor Walt Hickey. Business Insider first reported a profit in the fourth quarter of 2010. As of 2011 , it had 45 full-time employees. Its target audience at the time was limited to "investors and financial professionals". In June 2012, it had 5.4 million unique visitors. As of 2013 , Jeff Bezos

624-468: A source is not identified. According to the World Association of Newspapers and News Publishers , Business Insider gave SAP "limited editorial control" over the content of its "Future of Business" section as of 2013 . The website publishes a mix of original reporting and aggregation of other outlets' content. Business Insider has also published native advertising . In January 2009,

672-489: A total valuation of $ 442 million. From February 2021 to November 2023, the brand was named simply Insider while it published general news and lifestyle content, before its name was reverted. Business Insider was launched in 2007 and is based in Manhattan . Founded by DoubleClick 's former CEO Kevin P. Ryan , Dwight Merriman , and Henry Blodget , the site began as a consolidation of industry vertical blogs,

720-406: A variety of reasons, including the statute of limitations, a lack of proof for certain allegations, and victims who declined to press charges. Civil litigation is ongoing. Following publication of the 2021 report, the school's board of trustees issued a statement acknowledging that "many [students] suffered lasting harm not just from the sexual misconduct itself but also from the school’s handling of

768-424: Is Insider Inc. After Axel Springer SE purchased Business Insider in 2015, a substantial portion of its staff left the company. According to a CNN report, some staff who exited complained that " traffic took precedence over enterprise reporting ". In 2017, Business Insider launched BI Prime subscription, the service which placed some of its articles behind paywall. In 2018, staff members were asked to sign

816-577: Is a New York City –based multinational financial and business news website founded in 2007. Since 2015, a majority stake in Business Insider ' s parent company Insider Inc. has been owned by the international publishing house Axel Springer . It operates several international editions, including one in the United Kingdom. Insider publishes original reporting and aggregates material from other outlets. As of 2011, it maintained

864-685: The Clusterstock section appeared in Time ' s list of 25 best financial blogs, and the Silicon Alley Insider section was listed in PC Magazine ' s list of its "favorite blogs of 2009". 2009 also saw Business Insider ' s selection as an official Webby honoree for Best Business Blog. In 2012, Business Insider was named to the Inc. 500 . In 2013, the publication

912-572: The Harkness method in its classrooms. "Daily preparation, thoughtful participation, analytical thinking and intellectual rigor" are part of life in the Thacher classroom. All seniors exhibit mastery on a topic by designing and researching a topic of choice. This Senior Exhibition must have an oral and written component and be presented to the Thacher community. For the Class of 2023, Thacher reported

960-474: The 1960s and mid-1970s; the school educated 189 students by 1975. In 1977, Thacher began admitting female students. From 1999 to 2008, Thacher conducted a $ 82 million fundraising campaign that both increased endowments for faculty salaries and student financial aid, and funded new buildings on campus (including a performing arts center, student commons, and dormitories). The school launched a $ 160 million fundraising campaign in 2017. In 2018, Thacher reported that

1008-592: The American Academy of Arts and Sciences; and the American Academy of Political and Social Science. On June 24, 1896, Thacher wed Eliza Seely Blake in New Haven . Although Blake herself was a graduate of the University of California (1895), her family were Yale alumni as well. Her father, Charles Thompson Blake, had graduated with a BA in 1847, and her grandfather Eli Whitney Blake had graduated with

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1056-423: The Casa de Piedra ranch. Buildings reflect a variety of architectural styles, including California Craftsman and Spanish Colonial Revival. In addition to the normal boarding school mix of athletic facilities like a gymnasium, tennis courts, track, three fields, fitness center, and pool (although the pool is not used for athletic events), the campus has barns, pastures, arenas, and fields for equestrian use, including

1104-574: The Delta chapter of Phi Beta Kappa . After graduation, Thacher moved to California and took up 160 acres (0.65 km ) of government land to plant an orange grove. In 1889, he founded the Thacher School at Ojai, California, serving as its headmaster. In 1895, his brother William came to work with the school. He remained as headmaster until his retirement in June, 1931. During his career, he held

1152-792: The Mississippi. At CdeP, Thacher tutored the younger Farnam in both academics and maturity, blending classroom studies with outdoor living and horsemanship. Tuition was $ 14 a week, "washing excluded." Soon other friends were sending their sons out to California to receive Thacher's instruction, and a school was born. By 1900, Thacher educated 45 students and its advertisements counted the presidents of Yale, Harvard, Stanford, and Berkeley as references. Sherman Thacher served as an inspiration (direct or indirect) for various other college-preparatory boarding schools. His Yale roommate Horace Dutton Taft visited CdeP in 1889, and Taft's experience helped crystallize his decision to found Connecticut's Taft School

1200-813: The Ojai Board of Trade. In 1918, he served the local Exemption Board for Ventura County . He was a Four-Minute Man and the director of the Ojai Civic Association. He stood on the advisory committee of the California Junior Republic from 1920 to 1931. He was an honorary trustee of the National Society of Mental Hygiene. He was a member of the American Association for the Advancement of Science;

1248-534: The Summer Science Program. It was renovated in 2016 into a state-of-the-art, research-grade facility and now houses a PlaneWave CDK-700 telescope with a 0.7m aperture and a fully robotic dome. The observatory uses a flexible dispatch schedule for full automation. The campus, located in the foothills in the northeast corner of the Ojai Valley, about 85 miles north of Los Angeles, was originally

1296-698: The University of California in 1920. Thacher was 69 years old when he died, on August 5, 1931, of operative shock. He left behind his wife, three sons, and three daughters. A Presbyterian , Thacher attended the Ojai Valley Community Church from 1887 until his death. His great-great-grandson, Mateo Thacher, graduated in June 2020, and served as the Thacher School Chair (or head of the student body). Business Insider Business Insider (stylized in all caps : BUSINESS INSIDER ; known from 2021 to 2023 as INSIDER )

1344-419: The campaign had helped grow the school endowment from $ 125 to $ 171 million. In 2020, Thacher further reported that its financial aid budget increased by 50.7% and the percentage of students on financial aid had increased by 5%. The campaign also funded a new academic building and dining hall, improved faculty housing, and a solar power facility that contributes more than 90% of the school's energy needs. In 2024,

1392-461: The complex retail industry and make the best purchasing decisions. In October 2016, Business Insider started Markets Insider as a joint venture with Finanzen.net, another Axel Springer company. Glenn Greenwald has critiqued the reliability of Business Insider , along with that of publications including The Wall Street Journal , Yahoo! News , and Slate . In 2010, Business Insider falsely reported that New York Governor David Paterson

1440-616: The first of them being Silicon Alley Insider (launched May 16, 2007) and Clusterstock (launched March 20, 2008). Gordon Crovitz , former publisher of the Wall Street Journal , was an early investor. In addition to providing and analyzing business news, the site aggregates news stories on various subjects. It started a UK edition in November 2014, and a Singapore bureau in September 2020. BI ' s parent company

1488-421: The following year. In addition, Curtis Cate taught English at Thacher in the 1900s before establishing Thacher's athletic rival Cate School in 1910. Due to the school's popularity, the admissions office was oversubscribed. As a result, Sherman Thacher encouraged Thompson Webb to move from Tennessee to Claremont, California and establish The Webb School of California , which opened in 1922. Thacher incorporated

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1536-474: The future. In addition, the board of trustees removed the names of two former heads of school from the campus dining hall, the athletic field, and a hiking trail. The first administrator had "fail[ed] to protect Thacher students from harm," and the second had been credibly accused of sexual misconduct. Thacher's head of school resigned in August 2022. Jeff Hooper became the acting/interim Head of School in 2021 and

1584-415: The local mountains, in addition to week-long trips each fall and spring that include backpacking, rock climbing, cycling, sailing, horse camping, canyoneering, backcountry skiing and kayaking. Under Sherman Thacher, the size of the student body was limited to approximately 60 students. Anson Thacher expanded enrollment to 94 boys by the time of his retirement, but Thacher's primary period of expansion came in

1632-504: The misconduct." The board added that the school "tolerated and at times fostered a culture that valued the experiences and voices of boys and men over those of girls and women and that allowed sexual misconduct to be minimized, ignored, and dismissed." The school created a support fund to help victims pay for therapy. It also revised its sexual misconduct reporting process and hired several outside organizations to train its administrators and staff on how to prevent further instances of abuse in

1680-410: The pegasus, its mascot is the toad, chosen, according to the founder's grandson, Nick Thacher, for its quiet humility and persistence. In 2020, reports of sexual misconduct at Thacher circulated on social media. In response, the school hired law firm Munger, Tolles & Olson (MTO) to investigate these reports and other allegations of misconduct. Thacher published MTO's 91-page report in June 2021 and

1728-524: The permanent Head of School in 2023. Sherman Day Thacher Sherman Day Thacher , (November 6, 1861 - August 5, 1931), was the founder and headmaster of The Thacher School at Ojai, California . Thacher was the son of Elizabeth Baldwin (Sherman) Thacher, granddaughter of Roger Sherman , and Thomas Anthony Thacher . The family had a history at Yale University . His mother's father, Roger Sherman, Jr., had obtained his bachelor's degree from Yale in 1787 and his father obtained his 1835. His father

1776-526: The proposed purchase of Axel Springer by KKR , an American private equity firm. In October 2020, BI ' s parent company purchased a majority position in Morning Brew , a newsletter. In 2022, Insider won the Pulitzer Prize for Illustrated Reporting and Commentary , its first ever Pulitzer Prize, for its illustrated report "How I escaped a Chinese internment camp". The piece, composed as

1824-413: The school as a nonprofit in 1924, but continued running the school until his death in 1931. He was succeeded by Morgan Barnes, who led the school for five years until Thacher's son Anson (CdeP 1923) was ready to take over. Anson Thacher served as head of school from 1936 to 1949, and was the last member of the Thacher family to lead the school. He continued teaching math at Thacher until 1970. When founding

1872-548: The school's admission rate was 16%. 79% of admitted students chose to enroll at Thacher. In 2016, Business Insider ranked Thacher as the most selective boarding school in the United States; that year, its admission rate was 12%. In the 2024–25 school year, Thacher educated 225 boarders and 20 non-faculty day students. 45% of boarding students came from outside California, and 14% of students came from abroad. 31% of Thacher students received financial aid. The average award

1920-429: The school, Sherman Thacher imposed "the unusual requirement that each student must care for a horse," remarking that "there's something about the outside of a horse ... that's good for the inside of a boy." (There was also a practical element to the horse program: "students had to ride the five-mile trek into [downtown] Ojai every day just to pick up the mail.") Today, the Horse Program requires students to ride and care for

1968-421: The technology website Tech Insider , with a staff of 40 people working primarily from the company's existing New York headquarters, but originally separated from the main Business Insider newsroom. However, Tech Insider was eventually folded into the Business Insider website. Also in 2015, Business Insider launched Insider Picks , the precursor to what is now Insider Reviews , to help shoppers navigate

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2016-723: Was $ 64,993, equivalent to 83% of boarding tuition. Thacher students engage in a rigorous, college preparatory curriculum and are required to complete four years of Mathematics and English with three years of Science, History, and a foreign language of choice, plus two years of Art. Students must take five solid courses (defined as classes with substantial written homework) each term. Students are placed in and choose from more than 80 courses, ranging from English I to Advanced Music Theory. Classes such as Latin, Global Crises and Solutions, Astronomy Research, Modern Middle East, Advanced Actors Studio, Multivariable Calculus, Perspectives on Nature, Field Biology and Conservation are on offer. Thacher uses

2064-466: Was a Business Insider investor; his investment company Bezos Expeditions held approximately 3 percent of the company as of its acquisition in 2015. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $ 343 million (€306 million), implying a total valuation of $ 442 million. Business Insider operates a paid division titled BI Intelligence , established in 2013. In July 2015, Business Insider began

2112-580: Was also both an administrator and a professor of Latin at Yale. He had a sister, Elizabeth Thacher Kent , who married U.S. Congressman William Kent and a brother, William L. Thacher, who would join him in the Thacher School. Thacher attended Hopkins Grammar School in his youth before himself attending Yale, where he served on the eleventh editorial board of The Yale Record . He distinguished himself in English, taking second prize in English composition during his second year. From 1883 to 1884, he worked as

2160-894: Was once again nominated in the Blog-Business category at the Webby Awards. In January 2014, The New York Times reported that Business Insider 's web traffic was comparable to that of The Wall Street Journal . In 2017, Digiday included imprint Insider as a candidate in two separate categories—"Best New Vertical" and "Best Use of Instagram"—at their annual Publishing Awards. The website has faced criticism for what critics consider its clickbait -style headlines. A 2013 profile of Blodget and Business Insider in The New Yorker suggested that Business Insider , because it republishes material from other outlets, may not always be accurate. In 2022, Insider won

2208-413: Was seeking a "fresh air" cure for his tuberculosis . Thacher's father Thomas was a professor at Yale, and in 1889, Thacher's friend Henry W. Farnam (another Yale professor) asked Thacher to tutor his son for Yale's entrance exams. Thacher agreed to do so, provided that the son move to California for his lessons. According to the Los Angeles Times , Thacher is the oldest private boarding school west of

2256-423: Was slated to resign; BI had earlier reported a false story alleging that Steve Jobs experienced a heart attack. In April 2011, Blodget sent out a notice inviting publicists to "contribute directly" to Business Insider. As of September 2011 , Business Insider allowed the use of anonymous sources "at any time for any reason", a practice which many media outlets prefer to avoid or at least indicate why

2304-820: Was the vice president of the Yale Club of Southern California and represented it on the Alumni Board at Yale after 1920. In 1924, he was a member of the Yale Committee for Participation in the Restoration of the Library of the University of Louvain Active in civics as well, he chaired the executive committee of the Ojai Valley Men's League from 1910 to 1920, and in 1912 chaired a standing committee of

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