[Aurornis]

The $68M number comes from a statement that says their General and Administrative expenses were up year over year and the growth was primarily driven by an in-person company event.

The Tweet extrapolates to assume that the entire difference was due to the event and calls it a "party"

Even if we assume 100% of the increase was due to the event, that's about $6800 per employee, or about a week or two of pay for developers.

This includes flights, lodging, and food for remote employees. That adds up fast.

This is just Twitter ragebait.

[Hamuko]

>"General and administrative expenses were up 14% year over year on a GAAP basis, driven in part by an in-person company event. Excluding this expense, general and administrative expenses remained roughly flat year over year in the third quarter."

[Aurornis]

> roughly

I did the other math assuming it was 100% for the in-person event anyway.