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baq | 2 days ago

$68M/10000 employees = $6800/1 employee

A lot? Not a lot? Don’t know anymore.

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mmcclure|2 days ago

It's on the high side, but...honestly not absurd? "Party" implies one night rager, but the source says "in-person company event." That seems more like a multi-day company onsite to me, and the total bill per person there probably includes travel, accommodations, food on top of any overall event costs.

Bringing a remote employee to SF just to work out of an office for a few days can easily cost a few grand.

kermatt|1 day ago

$6,800 per person is absolutely absurd. If the event lasted an entire month, that's still $225 per person per day.

mpeg|2 days ago

I've been to all hands where it probably cost that much just in travel: business class LHR to SFO, hotel for a few nights, dinners, drinks, entertainment, venue, guest speakers, and on and on.

It doesn't seem excessive, the networking in these things is often really worth it

quaunaut|2 days ago

In what business is everyone in the company going business class?

layer8|2 days ago

At the cited $340000 salary, it amounts to around the same as one extra week of vacation for everyone.

dangoor|2 days ago

Seems plausible. Travel (some international), hotels, taxis, venues, food, and entertainment. It adds up. Probably not a single day event.

Scoundreller|2 days ago

If you account the employee wages into it, then it really adds up.

Aurornis|2 days ago

For an event where many employees have to be flown in and stay at hotels in an expensive city? That's normal.

Hosting in-person events for 10,000 people is expensive even without having to transport and house anyone.

nerdsniper|2 days ago

That actually sounds pretty reasonable.