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pavel_lishin | 2 days ago

Food $200

Data $150

Rent $800

Party $68,000,000

Utility $150

someone who is good at the economy please help me budget this. my company is dying

discuss

order

anon7000|2 days ago

Well, the layoff post explicitly said that the company’s financial health was good.

yifanl|2 days ago

Oh, well if they said so, there's no problem.

johnnyanmac|2 days ago

you don't need to get that fancy dijon mustard. Definitely can cut down on the food bill.

wood_spirit|2 days ago

Often embezzlement cases include crazy expenses.

Just put in my mind by the grift and corruption posts that are currently trending on HN front page right now.

kshacker|2 days ago

I do not know about here, but back home in India, 68 M would be so juicy for someone in the organizing chain to not take a cut. People get fired all the time, but sometimes the gravy train can run for years before getting caught.

No first hand experience ... just anecdotes and some news reports.

atonse|2 days ago

haha my brain went like...

"ok.. but was it a party for all 9,000 people?"

"maybe they had great caterers"

... then I did the math. It's $7.5k per employee.

Clearly I'm just not creative enough to know how to waste money like an SV company.

the_mar|2 days ago

it included flights, hotels, food and travel expenses for 9000 for multiple days, as well as the "party". US-based travel for 1 person for 5 days is easily 4K, on top of that some people were probably international so it would be higher, and on top of that there are the "party" expenses like venue and catering which probably wasn't that significant.