This document discusses hybrid events, which combine an in-person event with a virtual online component. It provides examples of organizations that have successfully implemented hybrid events, such as SAP and Cisco. The document also addresses common myths about hybrid events, noting that they can extend the reach of events without cannibalizing the audience or sponsors. Hybrid events have the potential to save costs compared to fully in-person events. Overall, the document promotes hybrid events as an opportunity for organizations to engage more participants at a lower total cost.