News.com just posted this article: 

In Silicon Valley, where some of the best networking has taken place on a bike trek or the golf course, the hippest techies are now regularly out in the surf with a board, a kite, and a 75-foot-long tether.

For the uneducated (that’s the rest of us), kiteboarding (or kite surfing) is the trendiest adrenaline-junkie sport among Valley venture capitalists and high-tech entrepreneurs. In fact, mention you’re an amateur at a technology social function, and it could provide an entree to a conversation with the kite-savvy Google founders Larry Page and Sergey Brin, Second Life’s Philip Rosedale, or venture capitalists Bill Tai and Ken Howery.

“I always joke that to kite-surf, you either need to be a venture capitalist or unemployed,” said Chris Sacca, a former Google executive who’s now a technology investor, referring to the flexible schedule that people need to surf between 2:30 p.m. and 6:30 p.m., which are peak wind times. The cars at the kite beach parking lot on 3rd Avenue near San Mateo, Calif., (a spot about 20 miles south of San Francisco that accesses San Francisco Bay) typically reflect that theory.

More here.