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by fdlaks 592 days ago
They used to give out a calendar every year filled with pictures of their executives (mainly CEO) living a lavish lifestyle. Posing with Ferrari's, ribbon cutting ceremonies, stepping onto the company private jet, etc...

You could always tell when investors or potential customers were in town because the SMCI parking lot would suddenly have brightly colored sports cars parked right out front of the office, only to vanish shortly after until the next high profile meeting.

I always thought this was strange, but chalked it up to it being a cultural difference on how business is done in Asia vs the USA, but apparently not. GoPro used to do the same thing at their office in San Mateo back when the stock wasn't circling the drain, two Ferrari's parked right outside the front door as you walked into the building. Appearances can often be deceiving I guess.

1 comments

I would call it more stupid than strange. It practically screams "Please eat our lunch with a more lean and efficient company!" when they think bragging about how much money they waste is a good thing.