NOW Vanity Fair Is Throwing a "Vanity Fair Future of Hollywood" Party

Please explain the difference between the "Future of Hollywood" and "a night for Young Hollywood," which was held Wednesday.  If you were invited to Young Hollywood, is VF low-key implying that should enjoy this moment while it lasts because you are not part of the future? That's petty and I appreciate it. All jokes aside, I actually think Vanity Fair is just getting themselves warmed up for their big post-Oscars party. These smaller ones are like...spring training. Anyway, this whole situation is fun. Kate Beckinsale looks like a sea creature! Someone wore bike shorts! A LOT of folks are just floating heads, thanks to the black step-and-repeat! It's a party!

[Photos: CraSH/imageSPACE/Shutterstock, Matt Baron/Shutterstock]