Social clubs died out in America. Now, venture capital is bringing them back
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Their reemergence is a story about social networks, inequality, and what constitutes a community.
Scott Monty, the CEO of a strategic communications firm, is something of a club aficionado. As a young adult, he was part of DeMolay, an international youth leadership club. As he started his career in Boston, he joined the Algonquin Club, a social club for business people that gathers in a building so beautiful, he chose to get married there.