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by utopkara 2811 days ago
Meeting room switch does take time, and it is a cost, cannot argue with facts. However, real estate cost is not high only if the company is located in the woods. If one is looking to grow workforce in a central location, the real estate cost is through the roof. Keep in mind that companies do not start at their final size; so the efficiency of the space will be far lower during the earlier stages.
1 comments

"In the woods"? Please. There are plenty of places that are rich in tech talent without being as grossly overpriced as Silicon Valley or NYC. Facebook, Google, Amazon, etc. have substantial offices in many of them, often all right next to each other, and they tend to attract startups as well. There are more reasonably priced options even in Silicon Valley, if some CEO-baby is willing to work somewhere other than their absolute first choice in SF or Manhattan - and if they're not then I seriously question their business acumen. Wherever your office is, your employees need places to live, and you'll have to pay commensurate salaries so they can do so. As a result, the ratio of personnel cost to office-space cost doesn't even change that much, and overpaying for both is financially irresponsible.