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I rounded some of the figures, so for the sake of accuracy: [1] They had 32 staff, and were planning to add 5-6 more and have the ability to add 10-12 more if
by JacobAldridge 14y ago
I rounded some of the figures, so for the sake of accuracy:
[1] They had 32 staff, and were planning to add 5-6 more and have the ability to add 10-12 more if they wanted
[2] It was a fairly nice office - not gold plated, just really spacious (multiple meeting spaces, kitchen, showers, library etc)
[3] The rent was closer to $850Kpa than $1M - again, rounding
[4] They signed their lease in the middle of a commercial property drought
Factor those in with your average sq ft per worker and I think it gets closer to $100/sq ft. I couldn't tell you the actual square footage - you may be right that they were paying above the odds; she (CEO was a woman) would argue that it was worth it for the location, the cultural elements of spacious working conditions, and the capacity for future growth.
[Edit: I also changed the charge out rates and salaries, to de-identify the client and because they were beside the point of the story.]