8 ms·
Describing it as a “party” feels misleading. It was a company-wide offsite for an essentially fully remote organization. Was it necessary? Probably not. But I
by mikeevans 7mo ago
Describing it as a “party” feels misleading. It was a company-wide offsite for an essentially fully remote organization.
Was it necessary? Probably not. But I found the in-person time valuable, especially with teammates I’d never met face to face.
Source: I was there
- upmind 7mo agoHow did they manage to spend 68M on it? Genuinely asking or is the number not accurate as it is clumped together with other stuff?
- mikeevans 7mo agoI don't know what event planning costs but running an event for ~10k people that includes flights, hotels, food, event space, etc. is expensive I guess.
- deleted 7mo ago[deleted]
- deleted 7mo ago[deleted]
- mizzao 7mo agoAt $6.8k/head, that's inefficient (a startup wouldn't spend like that) but not egregious if it was for e.g. a weeklong event or something.
- thesurlydev 7mo agoLike any good company off-site. Strippers and steaks
- darth_avocado 7mo agoAnd was the in person time more valuable than not having those people you met in your team moving forward?
- guywithahat 7mo agoI will say, to his credit, he has tried to make it clear the cuts weren't about money but do to tech and organizational shifts. https://x.com/jack/status/2027129697092731343?s=20 https://x.com/jack/status/2027129697092731343?s=20 He phrases it as due to redundant overhead for cashapp and square, plus a move to smaller, flatter teams as a result of AI. Not saying he's going to be right just that they're profitable and I believe this isn't a money thing.
- darth_avocado 7mo ago> I believe this isn't a money thing. What are you even talking about? Why does ANY business get rid of people? For funsies? X_X
- xnx 7mo ago> Why does ANY business get rid of people? Some people are negative value even if their salary was $0.
- darth_avocado 7mo agoSure. Hard to imagine 40% of your company is that.
- kermatt 7mo agoIf 40% of your company has ever been negative value than the problem starts at the top.
- ta9000 7mo agoWere you laid off?
- darth_avocado 7mo agoI’m going to take a wild guess that the answer is no
- dang 7mo agoOk, we've taken the party out of the title above. Thanks for the first-hand information.
- croes 7mo agoWhat does the wording matter? The crucial point is, was it an unnecessary expense?