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“They might say, ‘Do you want to come to this really exclusive hot party? or founder’s house and he asked me to invite you.’ ”Perhaps this culture is just one of the many offshoots of the sexually progressive Bay Area, which gave rise to the desert festival of free expression Burning Man, now frequented by the tech elite.The theme is bondage,’ ” one female entrepreneur told me. Still, the vast majority of people in Silicon Valley have no idea these kinds of sex parties are happening at all.“You know when it’s that kind of party,” one male tech investor told me.“At normal tech parties, there are hardly any women.The stories I’ve been told by nearly two dozen people who have attended these events or have intimate knowledge of them are remarkable in a number of ways.Many participants don’t seem the least bit embarrassed, much less ashamed.At these kinds of party, there are tons of them.”I believe there is a critical story to tell about how the women who participate in these events are often marginalized, even if they attend of their own volition.One female investor who had heard of these parties before I approached her told me, “Women are participating in this culture to improve their lives.

The freewheeling sex lives pursued by men in tech—from the elite down to the rank and file—have consequences for how business gets done in Silicon Valley.Few participants, however, have been willing to describe these scenes to me without a guarantee of anonymity.If this were just confined to personal lives it would be one thing.On special occasions, the guests will travel north to someone’s château in Napa Valley or to a private beachfront property in Malibu or to a boat off the coast of Ibiza, and the bacchanal will last an entire weekend.The places change, but many of the players and the purpose remain the same.

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From reports of those who have attended these parties, guests and hosts include powerful first-round investors, well-known entrepreneurs, and top executives.

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