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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 yea
by 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 agoThats extremely cheap (about $3/sq foot). From what I've seen, $20/sq foot is closer to normal.
- rafaelc 16y agoI'm at a startup in SF - we saw nice places for about $2.5/sqft
- davidu 16y agoWhat 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 agoThis 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 agoThat'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 agoIs 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.