San Francisco has the Gold Club for that.[1] [1] https://www.forbes.com/sites/ryanmac/2015/07/14/gold-club-te...
Forbes literally spent 5 minutes now to save my cookie settings. Nice.
Booze, Sex, and the Dark Art of Dealmaking in China (2015)
111–120 of 258 posts
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#112I see this as an East Asian phenomenon, I believe Koreans and Japanese do this to a certain degree as well as certain other East Asian groups. I've heard Russians do bathhouse deals as well although I could be wrong and there is also the finance sector's strip club visits with their clientele that I've heard of ( https://www.bloomberg.com/news/articles/2017-12-12/it-s-clos... ). It seems so weird to see people have t…
Russians do bathhouse/sauna deals without sex (most of the time). In Russian culture, bathhouses/saunas are a very traditional safe place for a group of same-sex friends to socialize and get drunk together. And naturally a lot of unofficial political and business discussion happens in saunas too.
And after a proper session in a Russian-style sauna one is totally exhausted to even think about sex.
Surely there are stories about businesses booking saunas for private events with hookers to bribe officials, but in most cases these are urban legends.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#113Americans don’t like to acknowledge that other cultures have different aaproaches to business. Why is the implication is that these practices are wrong?
Well, for one, most things described here would be a violation of the Foreign Corrupt Practices Act in the US; so if not morally wrong, it's at least illegal.
Could you explain how it would be a violation of the US Act?
The corporate policies I've had to read (without much interest as it's not relevant to my work) do not allow hospitality and entertainment for public officials unless it has been specially authorised by a senior lawyer, which suggests it's not clearly illegal in itself, though of course any attempt to "improperly influence" the official would be illegal.
Obviously it would be bad PR to be involved with the sordid stuff in the article but I'm curious about the legal aspect.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#114A few female entrepreneurs, however, explicitly reject the values pushed by businessmen. “One of my husband’s business friends got married just two years ago,” explained Li, in her early 40s, who co-owns a steel business with her husband, “We went to his wedding. But when we hosted an event last year, he came with a young girl who was obviously his mistress. I told my husband that if he cheats on his wife only after…
I would not trust any person who cheated on their spouse either. Nor would I want to hang out with colleagues at a strip club if we were not friends outside of work. I don’t think this is some gender thing. Maybe be men are more likely to be coerced into doing these things. But I think they’re having fun.
Completely agree on this. Cheating on someone (be it a spouse or a business partner) is the definition of being untrustworthy.
To be clear, obviously I don’t mind how and with who people are spending their nights, as long as they are not deceiving someone. It’s a shame that open relationships are not more accepted, but that’s not an excuse because nobody forced a cheating person to take an engagement in the first time.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#115is it just me or the amount of bigotry in the comments here is ridiculous?
some people do business differently, get over it. Not everyone agrees with the western "politically correct" approach to life, and that's ok.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#116Earlier quoted context omitted.
Heck in the US 20 years ago, a coworker of mine was assigned to a job where his first account was some old school east coast bank. One night dude calls "OMG man we are at dinner and the sales guy didn't show up so it's just me and them and they want to hit the strip clubs a couple blocks away after this." I had no good advice as I was a n00b too so I told him to call his boss. He was told "keep them happy" so he spen…
~20 years ago I was a sales engineer to the extremely good salesman. We had submitted a substantial quote followed by invoice to one of the tier I carriers in US, but for reason or the other, it wouldn't get processed / paid. Rumor has it that the (now retired) VP blocking the payment at carrier in roundabout ways told to our sales exec that he will be going to Toronto at a given date and that he has never spent a ni…
Never spent a night with sisters? Just to clarify, was that literal?
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#117is it just me or the amount of bigotry in the comments here is ridiculous? some people do business differently, get over it. Not everyone agrees with the western "politically correct" approach to life, and that's ok.
Maybe it is you. From TFA:
"“The more guys, the less safe the girl is. When there are other men in the room [for sex], it’s like the men are competing with each other, and they get rougher, so the girls can get really hurt.“"
Not much need for bigotry to see that if people get "really hurt" in an inter-company bonding event, something must be wrong.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#118is it just me or the amount of bigotry in the comments here is ridiculous? some people do business differently, get over it. Not everyone agrees with the western "politically correct" approach to life, and that's ok.
It excludes / make it awkward for professional women or even gay professionals.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#119is it just me or the amount of bigotry in the comments here is ridiculous? some people do business differently, get over it. Not everyone agrees with the western "politically correct" approach to life, and that's ok.
Personally I don't care what others do. I care if I am put in a position that I have to engage in these activities, just to win a contract, get paid or whatever else. Especially if I wasn't warned in advance.
I guess it would be better for everyone if the interviewee is asked "You might have to participate in, err, hard parties. Would you be okay with it?"
The other thing you have to consider is these can be much worse for women and minorities than straight men.
Re: Booze, Sex, and the Dark Art of Dealmaking in China (2015)
#120is it just me or the amount of bigotry in the comments here is ridiculous? some people do business differently, get over it. Not everyone agrees with the western "politically correct" approach to life, and that's ok.
Maybe it is you. From TFA: "“The more guys, the less safe the girl is. When there are other men in the room [for sex], it’s like the men are competing with each other, and they get rougher, so the girls can get really hurt.“" Not much need for bigotry to see that if people get "really hurt" in an inter-company bonding event, something must be wrong.
I'm sure the prostitutes knew what they were signing up for.