Knowing that money and the pursuit of it is flower child kryptonite, you may be shocked to learn that the concert that defined the 60s owed its origins to some squares looking to make a buck. And not a buck for Tibet, either. In March of 1968, drugstore heir, John Roberts, and Yale Law grad, Joel Rosenman, placed the following ad in the non-hippiest publications of all time: the Wall Street Journal and the New York Times:
Young men with unlimited capital looking for interesting, legitimate investment opportunities and business propositions.
Since this was before the internet was invented, nobody read the ad with a heavy emphasis on the words "men," "interesting" and "propositions" saving the men from the sort of gay escort service spam that will likely flood the comment section of this article. Instead, Roberts and Rosenman were contacted by Capitol Records exec, Artie Kornfeld, and hippie concert promoter, Michael Lang, with the idea of a starting a music studio in Woodstock, New York. When that idea didn't pan out, the suits struck gold with the notion of a three day art and music festival. Pre-sold tickets would go for $18 (that's $105 in today's money, folks) and latecomers would have to shell out $24 at the gate.
Actual photo of the first planning session.