4 ms·

250k in personal use jet time sounds like a lot but those jets are expensive per hour so that probably doesn’t get them very far.

_fat_santa 2y ago
A quick google says that it costs anywhere between 3k and 18k per hour to operate a private jet. Lets give it a round number and say that the Starbucks jet costs $10k/hr to operate. By that metric, he gets to use the plane for 25hrs/year. It's not a staggering amount of time but also not nothing either. Guy could probably go to Europe and back 2-3 times on that amount, or ~5 cross-country trips.
- ceejayoz 2y ago
  I'm sure can arrange to go to Europe "for work". A site visit in London to check on the UK's facilities.
  - alephnerd 2y ago
    I've done those work trips. They suck. Who cares if you're eating at Per Se when you're stuck with other people vying for your job or trying to push their agenda. You have almost no time for personal enjoyment, and you're almost entirely stuck with coworkers so you can't let loose. C-Suite and C-Suite adjacent end up working 60-80 hour weeks, and you have to be always on because that is what the role entails > I'm sure can arrange to go to Europe "for work" CEOs report to boards, and we ask their C-Suite peers about each other and any issues. And even before it could reach that level, the CFO would absolutely push back on a frivolous expense like that. ----------- Best bang for your buck between luxury and free time is Staff/Principal Engineer - you earn enough that you can afford to take fancy vacations, but you are still an experienced IC so you can shop around for jobs if god forbid you lose yours, and you aren't expected to work most weekends
    - xhkkffbf 2y ago
      When you put it that way, I makes it harder to hate the C-suite. But I'm conditioned by all of the haters on social media to think that socialism will some how fix all of this.
    - sumeno 2y ago
      > C-Suite and C-Suite adjacent end up working 60-80 hour weeks, and you have to be always on because that is what the role entails When they lump in travel, personal appointments/meals, and exercise as "work". I work that much when you add those in too https://archive.ph/snShK https://archive.ph/snShK
dahdum 2y ago
That’s personal use, his commute doesn’t count though does it? Doesn’t read to me like it does. "You will be eligible to use the Company aircraft for (i) business-related travel in accordance with the Company’s travel policy, (ii) travel between your city of residence and the Company’s headquarters in Seattle, Washington and (iii) your personal travel in accordance with the Company’s policies, up to a maximum amount of $250,000 per year, which amount will be based on the aggregate incremental cost to the Company."
nunez 2y ago
There are so many ways to make personal travel a business expense, especially for super well connected people. Everything's a potential opportunity.

_fat_santa 2y ago

A quick google says that it costs anywhere between 3k and 18k per hour to operate a private jet. Lets give it a round number and say that the Starbucks jet costs $10k/hr to operate. By that metric, he gets to use the plane for 25hrs/year. It's not a staggering amount of time but also not nothing either. Guy could probably go to Europe and back 2-3 times on that amount, or ~5 cross-country trips.

ceejayoz 2y ago
I'm sure can arrange to go to Europe "for work". A site visit in London to check on the UK's facilities.
- alephnerd 2y ago
  I've done those work trips. They suck. Who cares if you're eating at Per Se when you're stuck with other people vying for your job or trying to push their agenda. You have almost no time for personal enjoyment, and you're almost entirely stuck with coworkers so you can't let loose. C-Suite and C-Suite adjacent end up working 60-80 hour weeks, and you have to be always on because that is what the role entails > I'm sure can arrange to go to Europe "for work" CEOs report to boards, and we ask their C-Suite peers about each other and any issues. And even before it could reach that level, the CFO would absolutely push back on a frivolous expense like that. ----------- Best bang for your buck between luxury and free time is Staff/Principal Engineer - you earn enough that you can afford to take fancy vacations, but you are still an experienced IC so you can shop around for jobs if god forbid you lose yours, and you aren't expected to work most weekends
  - xhkkffbf 2y ago
    When you put it that way, I makes it harder to hate the C-suite. But I'm conditioned by all of the haters on social media to think that socialism will some how fix all of this.
  - sumeno 2y ago
    > C-Suite and C-Suite adjacent end up working 60-80 hour weeks, and you have to be always on because that is what the role entails When they lump in travel, personal appointments/meals, and exercise as "work". I work that much when you add those in too https://archive.ph/snShK https://archive.ph/snShK

dahdum 2y ago

That’s personal use, his commute doesn’t count though does it? Doesn’t read to me like it does. "You will be eligible to use the Company aircraft for (i) business-related travel in accordance with the Company’s travel policy, (ii) travel between your city of residence and the Company’s headquarters in Seattle, Washington and (iii) your personal travel in accordance with the Company’s policies, up to a maximum amount of $250,000 per year, which amount will be based on the aggregate incremental cost to the Company."

nunez 2y ago

There are so many ways to make personal travel a business expense, especially for super well connected people. Everything's a potential opportunity.