Is the tech bubble popping? Ping pong offers an answer
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Re: Is the tech bubble popping? Ping pong offers an answer
#2This blew me away:
"Venture capitalist Michael Cardamone, the tournament’s co-organizer, approves of young companies buying tables with venture funds. “You absolutely should,” he says. “It’s part of building culture.”"
Re: Is the tech bubble popping? Ping pong offers an answer
#3Can we use the classic metric of aeron chair sales?
Re: Is the tech bubble popping? Ping pong offers an answer
#4This blew me away: "Venture capitalist Michael Cardamone, the tournament’s co-organizer, approves of young companies buying tables with venture funds. “You absolutely should,” he says. “It’s part of building culture.”"
It makes sense in terms of cost to benefit. A ping pong table is a few hundred dollars at most. An employee performing well is $100,000 at minimum.
Little things like free food and ping pong tables actually offer a massive return on investment.
Re: Is the tech bubble popping? Ping pong offers an answer
#5Had to check if I was reading Onion's article.
Re: Is the tech bubble popping? Ping pong offers an answer
#6This blew me away: "Venture capitalist Michael Cardamone, the tournament’s co-organizer, approves of young companies buying tables with venture funds. “You absolutely should,” he says. “It’s part of building culture.”"
It makes sense in terms of cost to benefit. A ping pong table is a few hundred dollars at most. An employee performing well is $100,000 at minimum. Little things like free food and ping pong tables actually offer a massive return on investment.
From the article
> Startups pay up to $2,300 for a high-end Butterfly-brand table.
Your point stands, but the pricing is quite different.
Re: Is the tech bubble popping? Ping pong offers an answer
#7Can we use the classic metric of aeron chair sales?
Do they switch to stools in bad times?
Re: Is the tech bubble popping? Ping pong offers an answer
#8Re: Is the tech bubble popping? Ping pong offers an answer
#9Re: Is the tech bubble popping? Ping pong offers an answer
#10This blew me away: "Venture capitalist Michael Cardamone, the tournament’s co-organizer, approves of young companies buying tables with venture funds. “You absolutely should,” he says. “It’s part of building culture.”"
It makes sense in terms of cost to benefit. A ping pong table is a few hundred dollars at most. An employee performing well is $100,000 at minimum. Little things like free food and ping pong tables actually offer a massive return on investment.
In London a Ping Pong table would cost around £10k/year in floorspace used.