Hacker News new | past | comments | ask | show | jobs | submit login

> while not exactly managing costs well

In what way did they not manage costs well? Even if they pick up 10% across the board, they're still not making money.

Per diem of $20. Not per meal--per day--$20 for 3 meals.

$5K for insurance--we paid that for a group with WAY less liability.

$125 per day for hotel room. Okay, that's about the only thing that might be a little high. But you aren't going to find much under $80 that isn't a dump--and you're packing 2 people per room. Even if that line item is 50% high, they're still not making money.

There is very little I would call fat on this breakdown.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: