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generally speaking the majority of the people at almost all of them are the same core folks, just look at JFK or MikeB's photos. I don't go to any, the only reason I ever did in adult was for the tax writeoff's. Nowadays I'd much rather go to fun destinations and do cool stuff with my personal friends and family.
I think they are more of a see your old friends, and do some drinking on the company dime then they are actual networking events anymore.
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