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1806 points JustSkyfall | 1 comments | | HN request time: 0.227s | source
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armada651 ◴[] No.45284247[source]
> a pretty massive sum of money

I feel like the perception of money is distorted in tech circles. To me $10,000 is a pretty massive sum of money. For most people $250,000 represents a life-changing amount of money.

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andrewstuart2 ◴[] No.45284291[source]
It's not distorted so much as it is relative to value. But that's not for tech, it's just for business in general. If you can make an extra $500k because you spend $250k, and there's not a better way to spend that money, then it makes sense to spend the money as long as you can afford it (or borrow it).
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armada651 ◴[] No.45284338[source]
I'm not saying that you shouldn't spend such a large sum when it makes sense and I'm definitely not saying that a distorted perception of money is limited to tech.

However the value of money is quite absolute, it's dictated by the exchange rate after all. If $250,000 is nothing more than "pretty big", then your perception is either quite distorted or the rate of inflation is much more severe than I understood it to be.

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1. amarant ◴[] No.45284481[source]
Everything is relative.

My previous employer had daily revenue in the area of $10 million.

$250k barely registers. They've got more pocket change than that lost in their couch.

Anything that's less than an hour worth of revenue is a small expenditure. To them, this extortion would probably elicit the equivalence of a shrug, or at most a mildly annoyed grunt