On a recent Saturday night at Eldridge Terrace on the Lower East Side, a handpicked crowd of Gen Z creatives and entrepreneurs sipped absinthe, watched a magician work miracles with “A Wrinkle in Time,” and danced to house music until 2:30 a.m. Anyone not on the list was turned away — no matter where they worked or where they’d gone to school.
It was the 20th gathering of 3rd Space, an ultra-exclusive monthly event series that has become one of the most sought-after invites for young New Yorkers with big ideas and bigger ambitions. Guests have included Teddy Warner, 19, a Thiel Fellow building an emotionally capable robot, and Marc Baghadjian, the 26-year-old founder of Hypercard, the hybrid corporate-personal credit card backed by Sam Altman.
The series’ co-founder, Jake Sacks, said 3rd

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