In Silicon Valley, for instance, there’s an adage about meetings: “You go to the money, the money doesn’t come to you.” Vendors go to founders, founders go to venture capitalists, venture capitalists go to their limited partners. It’s possible for the individuals to resent the basis of this hierarchy, but not really to contest its verdict. As a result, individual pairwise interactions take place with a minimum of jockeying for status. By and large, any pair of people can tell, without needing to negotiate, who is supposed to show what level of respect to whom. Everyone knows where to meet.
