Hence, the inevitable leaks:

Mashable's Pete Cashmore TechMeme's Gabe Rivera uploaded this pic, which shows the Gallic CEO of Seesmic, Loïc Le Meur, hiding behind a friend on a beach at the posh Fairmont Orchid.

eBuddy founder Onno Bakker uploaded this pic of a morning session, a masculine stew of baseball caps and intertwined hairy legs. For an event that emphasizes its laid-back nature, that sure looks like a tightly-packed agenda (lower right).

Baseball uniforms? Really? That looks an awful lot like work. It's hard to see the point of conning your employer into paying for a Hawaiian vacation like The Lobby if you have to suit up and work in a disciplined team. (Onno Bakker)

Check the "treasures" listed on Heritage International's site. They spell out "Google Earth." What happens when you play with the GPS coordinates listed?

Why, that's for employees, not founders. The employees that Lobby-goers didn't lay off before boarding a jet to jaunt across the Pacific, that is. We hear some of this year's attendees, concerned with the appearance of attending such an ostentatious waste of time and money, tried to cancel. Hornik told them there would be no refunds. You know times are tough when a VC is being this tight about $3,000.

In the video, which he posted publicly to his personal blog, Hornik puts on a series of baseball caps — he wears many hats, yageddit? — from his portfolio of startups. A song plays: "You're my superhero, my knight in shining armor." Venture capitalist to the rescue! Hornik's wife and kids also appear. He's a family man!

At first, I wondered if Hornik had actually made Lobby attendees sit down and watch this video en masse. Not so, I'm told; instead, it was preloaded on the free iPods everyone at The Lobby received, along with other self-introduction videos. The Lobby's schtick is that it has no formal schedule of presentations; instead of sitting in a room ignoring the video while Twittering, attendees can simply ignore the program outright, as it sits unviewed on an iPod's hard drive. I don't know what's worse: the image of Hornik inflicting his egofest on a captive audience, or the pathetic vision of him wandering around his own conference, wondering how many actually bothered to watch it.

And that's why Hornik's a funder, not a founder. He has enough ego to make this video — but not enough ego to force it on people. He lacks the chutzpah an entrepreneur needs — and I suspect he knows it.

Here's what should enrage you as you read it: Unlike the Cyprus trip, this one is ostensibly a work event, paid for by investors and shareholders. (I suppose a handful of entrepreneurs may have bought their own tickets, but in the hopes of paying themselves back by scoring an investment.) What's the agenda for this passel of languorous corporate dealmakers, ebullient entrepreneurs, and phlegmatic venture capitalists? They party. You pay. Later on, they consummate some deals with their pals that they would have struck anyway, crediting the boondoggle junket for "making the connection."

Last year's event was an epic caper, marked by drink-throwing, late-night excursions, and salacious rumors of barside canoodling. Here's whose exploits we're looking forward to reporting, thanks to the moles we've placed throughout Hornik's guest list:

... a bulldog chaser?

Thanks, Jason. Everything's better now. See y'all next week.

Several Valleywag readers have noted that Mullenweg has been going steady for a year with his girlfriend, who is both undeniably comely, and if friends' reports are accurate, likely to "string him up and gut him" if he were to stray. Harde, too, is known to take her professional image very seriously, and therefore, confidants believe, unlikely to put herself in a situation where one might perceive even a glimmer of something amiss. All of which makes the very rumor of a dalliance at The Lobby more eyebrow-raising.

Mullenweg commented below and also emailed Valleywag to deny that he was alone in the bar with Harde: "I was no 'closer" to Ms. Harde than to Garrett Camp or Erika Arone or Chris Sacca." (Our sources never said, nor did we report, that he and Harde were alone.)

If you ask Mullenweg, in other words, his answer to the question posed in this item's headline is an unequivocal "no." An eyewitness source, however, insists he saw Mullenweg "all over" Harde. At 1:30 a.m.

(Photo by True Ventures)

Below: Adrienne pelts Anjelica on Days of Our Lives.

In May, former Creed frontman Scott Stapp hurled an Orangina bottle at his beauty-queen wife.

McSweeney's contributor Stephen Elliott tossed and missed — pansy! — at Zyzzyva editor Howard Junker's face at a Literary Death Match in July.