I don't really understand this post. Why would a VC stay in a crappy hotel? Traveling is stressful and a burden. A company should do everything in its power to ease that burden. Everyone from our CEO to our admins stays at the Ritz Cartlon when traveling to NYC. If a company can't make similar accommodations then I wonder how much they truly care about their employees.
The differential between crappy hotels and nice ones is maybe a factor of 4-8, and often around 2x
With discounted coach vs full fare coach, often 10x, and for coach vs first, another 10x (maybe 5x if negotiated).
I have a fondness for nice Starwood hotels (since I get a suite for the lowest rate), or luxury rentals via airbnb, but still stick to upgradable coach and then pay for SWUs, even if a client offers business class. Marginal luxury dollars can go to better meals (even a great meal, without alcohol, is 20-100), then renting luxury cars (50-150 per day vs 25-50), then hotels (200-300 outside NYC), then upgrading flights (500 or so to go business internationally) and choice of hotel/airline for points.
Little things like having an exec or ops person personally spend time with you vs fending for yourself cost little and seem like the first dollars you should spend, especially at a startup, when dealing with clients, investors, potential hires, etc.
3) The only reason you can imagine that a company would not pay for luxury accommodations is a lack of caring
From this, I deduce... you do not work at an early stage startup. Perhaps your comment was inadvertently cross-posted from your investment banker peer support group?
And everyone, from your CEO to your admins, likes this policy?
I know that I wouldn't want to
- stay in a 'classy'/'grand' hotel
- fly first class (although I recently, I'm 32.., had my first business class flight and liked parts of it, granted)
if you'd ask me to. Frankly, I prefer picking the accommodation. No suits, no ties please and give me a decent hotel bar instead of a spa area w/ business lounge.
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Uhm. Come to think of it, your post makes so no sense to me that I wonder if this new account was set up to troll. Did I accidentally bite?
