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Recent purchases - Part II - Page 3430

post #51436 of 52780
Those are cool! It will be interesting to see how they wear in.

I just received (a season too late to wear them but still thrilled I didn't miss them entirely) the FW deutchleder trousers in grey. They are really heavy and nice and should wear in beautifully as well.

post #51437 of 52780
Got the pax2 because I'm a douche
post #51438 of 52780
hai guys...long time no see...I've been hanging out at the Madonna Nation forum lately
35l6q0y.jpg

would you care for a reveal?
w14ltj.jpg
post #51439 of 52780
It's been so long since the last time I visited this forum that it feels like I'm new to Styleforum and the last time I was here, I was still never been touched, but not anymore.
http://youtu.be/s__rX_WL100
post #51440 of 52780
They say Big Things Come In Small Packages, but I prefer big packages
2m7famd.jpg

any guessesess?
opa8pe.jpg
Edited by colabear - 3/26/16 at 10:28pm
post #51441 of 52780
Gonna need some more photos
post #51442 of 52780
ring?
post #51443 of 52780
Quote:
Originally Posted by accordion View Post
 

wait, a new one costs $4-8k? what

In a nutshell: a lot of startups go nuts when they get a big chunk of money to spend that they didn't work for.  A lot of great furniture is often bought with the rationale of "We need to attract good employees, and so we need to look the part/have an attractive office people want to work in".  

 

Of course, it's bullshit.  It's done because it's really easy to feel flush and spend money when you didn't earn that money dollar by dollar, and especially if you just went from an living in a garage to an angel investment of $500K to a Series A of $5MM to a Series B of $20MM in the span of 3 years.  

 

People want to work with other good people, and for a good salary, making a product that can go somewhere.  There is a minimum amount that you need to put into an office to make it workable, but I have never heard of anyone non-stupid accepting or rejecting a job because "the office furniture was so nice/terrible". It's like saying that people are more likely to hire you if  you are wearing Attolini (excellent) vs. Southwick (good, serviceable).

post #51444 of 52780
Quote:
Originally Posted by LA Guy View Post
 

In a nutshell: a lot of startups go nuts when they get a big chunk of money to spend that they didn't work for.  A lot of great furniture is often bought with the rationale of "We need to attract good employees, and so we need to look the part/have an attractive office people want to work in".  

 

Of course, it's bullshit.  It's done because it's really easy to feel flush and spend money when you didn't earn that money dollar by dollar, and especially if you just went from an living in a garage to an angel investment of $500K to a Series A of $5MM to a Series B of $20MM in the span of 3 years.  

 

People want to work with other good people, and for a good salary, making a product that can go somewhere.  There is a minimum amount that you need to put into an office to make it workable, but I have never heard of anyone non-stupid accepting or rejecting a job because "the office furniture was so nice/terrible". It's like saying that people are more likely to hire you if  you are wearing Attolini (excellent) vs. Southwick (good, serviceable).

 

Point in case: Powa

 

https://news.ycombinator.com/item?id=11327341

 

Got $100m in investment, spent a ton in very expensive offices in London, NY, Hong Kong...

post #51445 of 52780


Thanks to some encouragement from @nahneun. Decided to make it a reward for finally nutting up and doing my taxes. Larger-than-expected return didn't hurt, either. Homeownership FTW.
post #51446 of 52780

first schneider piece

post #51447 of 52780
Quote:
Originally Posted by LA Guy View Post

In a nutshell: a lot of startups go nuts when they get a big chunk of money to spend that they didn't work for.  A lot of great furniture is often bought with the rationale of "We need to attract good employees, and so we need to look the part/have an attractive office people want to work in".  

Of course, it's bullshit.  It's done because it's really easy to feel flush and spend money when you didn't earn that money dollar by dollar, and especially if you just went from an living in a garage to an angel investment of $500K to a Series A of $5MM to a Series B of $20MM in the span of 3 years.  

People want to work with other good people, and for a good salary, making a product that can go somewhere.  There is a minimum amount that you need to put into an office to make it workable, but I have never heard of anyone non-stupid accepting or rejecting a job because "the office furniture was so nice/terrible". It's like saying that people are more likely to hire you if  you are wearing Attolini (excellent) vs. Southwick (good, serviceable).

this happens so often. its also due to the people running the startups being very young and not thinking about spending. sometimes if the startup is successful eventually some more seasoned people will be hired and slow that down.

crazy how much money is being thrown around. a good chunk of these startups are BS business and won't last.
post #51448 of 52780
Quote:
Originally Posted by sinnedk View Post


this happens so often. its also due to the people running the startups being very young and not thinking about spending. sometimes if the startup is successful eventually some more seasoned people will be hired and slow that down.

crazy how much money is being thrown around. a good chunk of these startups are BS business and won't last.

We are in a tech bubble - anyone who says otherwise is ignoring the obvious signs and/or willing an eventuality to NOT be the case.  The fundamentals of a LOT of VC backed tech companies are simply not sound, and business plans are based on growth projections for markets that, taken as a whole, are physically impossible.  There are a lot of sectors that have "some" growth potential, like menswear, but for a significant number of these to be successful and have 100%+ YoY, men would have to be wearing 10 shirts, 5 jackets, and 10 watches, at a time, and continue to buy these things, at retail.  

 

tldr: There is no way that the fraction of startups that fail is not growing, which means that the bets that VCs are making are getting longer and longer.

post #51449 of 52780

tumblr_nbnl56A6kr1qgckmbo2_r4_500.gif

post #51450 of 52780

We are definitely in a tech bubble which has been growing for some time. As someone who works in IT (as a bunch of guys here I guess) that has had me in "savings mode" for a while. Even the CTO of the company I work for told me to save money a few days ago because of what's coming.

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