3 ms·

I love startup culture. The CEO of my company flies commercial, and we've have thousands of employees, have been around since the 1940s, actually ship products,

I love startup culture. The CEO of my company flies commercial, and we've have thousands of employees, have been around since the 1940s, actually ship products, and make a shit-ton money. But startup CEOs leading companies with 800 employees that can't ship hardly anything are movin & shakin so startupfully between plays and deals that they ain't got no time for that. $1.8 million per year for travel is $5,000 per day. That's more than a day-of round-trip first-class flight on ANA ($20k today) from NYC to Tokyo every week.

bombcar 3y ago
First class flights are completely different from potato class, and private jets are so far above first class it's really hard to exactly explain how much.
- rrrrrrrrrrrryan 3y ago
  Yeah I don't think people realize that flying private means you don't have to go through security. You don't even have to go into the airport. You just drive up and walk onto the plane. For executives in a tight race with hundreds of millions of dollars on the line, where a schedule slipping even 1 day can matter, sometimes flying private does actually make financial sense.
  - snakeyjake 3y ago
    >For executives in a tight race with hundreds of millions of dollars on the line, where a schedule slipping even 1 day can matter, sometimes flying private does actually make financial sense. I'm not an executive. I would never disgrace my ancestors or embarrass my descendants by getting an MBA. But I have been around the block a few times and if you're in a situation where missing a flight will torpedo a "hundred million dollar" deal you're a shitty businessperson. It has been my experience that the best way to keep a schedule from slipping is for executives to keep their mouths shut, cloistered in their office, waiting for an assistant to build some slides for them.

3 ms·

I love startup culture. The CEO of my company flies commercial, and we've have thousands of employees, have been around since the 1940s, actually ship products,

by snakeyjake 3y ago

bombcar 3y ago
First class flights are completely different from potato class, and private jets are so far above first class it's really hard to exactly explain how much.
- rrrrrrrrrrrryan 3y ago
  Yeah I don't think people realize that flying private means you don't have to go through security. You don't even have to go into the airport. You just drive up and walk onto the plane. For executives in a tight race with hundreds of millions of dollars on the line, where a schedule slipping even 1 day can matter, sometimes flying private does actually make financial sense.
  - snakeyjake 3y ago
    >For executives in a tight race with hundreds of millions of dollars on the line, where a schedule slipping even 1 day can matter, sometimes flying private does actually make financial sense. I'm not an executive. I would never disgrace my ancestors or embarrass my descendants by getting an MBA. But I have been around the block a few times and if you're in a situation where missing a flight will torpedo a "hundred million dollar" deal you're a shitty businessperson. It has been my experience that the best way to keep a schedule from slipping is for executives to keep their mouths shut, cloistered in their office, waiting for an assistant to build some slides for them.