3 ms·
If they can afford to take you to a really nice place for a sales meeting, it means the margins are crazy high and you're getting ripped off.
by muttled 7y ago
If they can afford to take you to a really nice place for a sales meeting, it means the margins are crazy high and you're getting ripped off.
- Enginerrrd 7y agoThat's how I feel about almost every real-estate office I've ever been in. The agent is always driving some flashy car, like a maserati or tesla, and everything in the office is way too nice.
- braythwayt 7y agoBasically, yes. But not exactly, or at least, not as I understand it. Someone can be crazy-successful and be able to afford to take customers to a really nice place. What makes it a “room with a chandelier” is when it is artifice, designed to impress those who mistake flash for function. And here is the kicker: They are trying to close the business while the “mark” is overwhelmed by the spectacle. It’s a judgment call, in my opinion. If Tim Cook flew me to California and took me to his favourite place to talk about working at Apple, I wouldn't think he was trying to con me with opulence. But of he just happened to have an employment agreement in his pocket, and would I care to sign it over the cigars and brandy... That would be buying something in a room with a chandelier. Likewise, if a block-chain startup took its angel money and bought themselves a party at CES with an open bar... I’d look askance at my “VIP Invite.” But if, during the party, all they said was, “Hey, keep us in mind if you or someone you know is looking...” well, that’s buying exposure, and maybe I’m not impressed, but they aren’t trying to sway me at the moment I’m making a decision, so it wouldn’t be buying something in a room with a chandelier. 100% bias in my characterization, as you can tell.