Quick hits: February 2021

The free invitation trap aka "only air is free"

It is one of the practices most used by companies worldwide to be able to ‘attract’ as many investors and customers as possible into their network: the ‘trap’ of free party invitations. What are they? In addition to being a means of exchange for customers - who get a free invitation to exclusive parties - they become real traps for them, and it is completely socially accepted. How does it work?

Basically, a person (an investor or a customer) is only admitted to exclusive parties or press or customer trips through di-

With the pandemic, silicon valley loses altitude, Texas rises: smart working and tax authorities, managers and companies move offices

Silicon Valley is losing its charm. The pandemic and remote working, fires in California and chaotic life are pushing some of the high-profile managers of the major tech industry hub, like Tesla boss Elon Musk and Oracle founder Larry Ellison, to leave. And some companies are packing up and relocating their locations too, including Oracle and Hewlett Packard Enterprise, both headed to Texas. But, experts warn, companies are taking the lead in smart working to meet more favorable tax policies.