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Is it really massively expensive? When I left SF all those old buildings off Market were the cheapest options in The City. Also, you could usually take over th

by rdouble 16y ago

Is it really massively expensive? When I left SF all those old buildings off Market were the cheapest options in The City. Also, you could usually take over the lease for cheap from some other startup wipeout.

TomOfTTB 16y ago
I guess expensive is relative but last I checked it was about $1,100 for a 300sq ft office (and they clearly have a lot more than 300sq ft). That was a few years ago when I had a friend who moved his offices out of there because the location wasn't worth the cost to him.
- samtp 16y ago
  Thats extremely cheap (about $3/sq foot). From what I've seen, $20/sq foot is closer to normal.
  - rafaelc 16y ago
    I'm at a startup in SF - we saw nice places for about $2.5/sqft
- davidu 16y ago
  What does it cost in terms of talent and time for every block away from BART and the Underground you decide to locate your office? It's a more expensive than an extra $5K or $10K a month in rent, that's for sure.
  - tptacek 16y ago
    This is exactly the logic that our mteam used in the '99 bubble when we built out offices on 2nd. I'm not saying Dropbox is extravagant, but this isn't a compelling argument to me.
    - davidu 16y ago
      That's not the logic that sank the company. Seriously, $5 or $10K increase in monthly rent is a pittance. There are a lot more wasteful things I could bitch about than that, and I'm a cheap-ass.
      - tptacek 16y ago
        Is Dropbox overspending on employee perks? I highly doubt it. Does that make every expense that can be rationalized in comparison to headcount, revenue, or (worst of all) potential pull-through revenue valid? No! Some are valid, some aren't. All I am saying is, this notion of "we need the very best talent, and we need to make it is as happy as can be" is a platitude that was used by execs to justify a lot of excess.
callmeed 16y ago
http://sfbay.craigslist.org/sfc/off/2202446793.html http://sfbay.craigslist.org/sfc/off/2202446793.html Around $3/sf

by rdouble 16y ago

TomOfTTB 16y ago

I guess expensive is relative but last I checked it was about $1,100 for a 300sq ft office (and they clearly have a lot more than 300sq ft). That was a few years ago when I had a friend who moved his offices out of there because the location wasn't worth the cost to him.

samtp 16y ago
Thats extremely cheap (about $3/sq foot). From what I've seen, $20/sq foot is closer to normal.
- rafaelc 16y ago
  I'm at a startup in SF - we saw nice places for about $2.5/sqft
davidu 16y ago
What does it cost in terms of talent and time for every block away from BART and the Underground you decide to locate your office? It's a more expensive than an extra $5K or $10K a month in rent, that's for sure.
- tptacek 16y ago
  This is exactly the logic that our mteam used in the '99 bubble when we built out offices on 2nd. I'm not saying Dropbox is extravagant, but this isn't a compelling argument to me.
  - davidu 16y ago
    That's not the logic that sank the company. Seriously, $5 or $10K increase in monthly rent is a pittance. There are a lot more wasteful things I could bitch about than that, and I'm a cheap-ass.
    - tptacek 16y ago
      Is Dropbox overspending on employee perks? I highly doubt it. Does that make every expense that can be rationalized in comparison to headcount, revenue, or (worst of all) potential pull-through revenue valid? No! Some are valid, some aren't. All I am saying is, this notion of "we need the very best talent, and we need to make it is as happy as can be" is a platitude that was used by execs to justify a lot of excess.

callmeed 16y ago

http://sfbay.craigslist.org/sfc/off/2202446793.html http://sfbay.craigslist.org/sfc/off/2202446793.html Around $3/sf