‘You can’t expense it the way you used to’ — the power lunch is dead, and millennials are probably the reason

The power lunch has turned into the coffee talk, power walk or beer run for workers who don’t have three hours to fritter away, but still make time to network outside the office.

Take Steven Cox, 47, a San Diego-based startup founder who prefers talking shop over a cup of Joe.

“Most of my meetings are held at a local craft coffee shop. We order our flat whites, whip through investor discussions and then I ride my bike back to the office in less than 35 minutes,” Cox told MarketWatch, adding that it’s unheard of, particularly in the tech world, to take time out of the day for a boozy lunch.

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