It might be the title for the longest book ever written.
With the horrific news of the death of Moritz Erhardt, a 21-year-old investment-banking intern with Bank of America Merrill Lynch in London, on Aug. 15, might it prompt a soul-searching culture change in how wirehouses conduct business? Specifically, will caffeine and nicotine-induced marathon work sessions become a thing of the past? Doubtful — but if Wall Streeters want an idea of why certain sectors, and firms, are known for their youth, energy and vigor, they need look no further than Palo Alto.
Famous for their foosball tables, 7-Eleven style freebie snacks, catered meals and Zen-influenced corporate retreats in the late 1990s, Silicon Valley startups are back with their perks.