The Return of Korporate Kindergarten

Remember that time in 1998 when the founders of TheGlobe.com made their debut on CNBC wearing wetsuits after their stock had gone from like 10 to 100 on the day it IPO’d?  I do.

And while most of our hatred for them was envy-based, our skepticism was obviously well-founded.  Yes, I was a skeptical 20-year-old but I was also dying to get into the business world to get my own piece of it, a total hypocrite 🙂

Anyway, the children are in charge again…

From the Wall Street Journal:

The social calendar posted on a wall at Internet start-up Airbnb Inc. is covered in multicolored sticky notes. A recent Wednesday was blocked out for a wine and cheese mixer and an all-hands talk on stock options. Friday brought a rooftop barbecue, and Saturday there was an air-guitar contest.

Then there are the regularly scheduled perks at the 120-person vacation-rental marketplace outfit, including Mustache Mondays (employees wear fake ones), Yoga Tuesdays (before company lunch) and Thursday Recess (company-wide kickball).

Working at Airbnb “is like a really fun school where you get paid,” says Joe Gebbia, the 29-year-old co-founder of the company, whose offices have a two-story indoor tree house and a section of a retired Pan Am plane. “Or maybe it’s more like camp.”

I personally volunteer to kick the ass of whomever should win the “air guitar contest”.  Just kidding.  But seriously, the Millennials are an interesting bunch.  They seem to be less money-motivated than Gen Y and more interested in having a fun and creative workplace that serves lunch and lets them wear whatever they want.

Which would be cool, if only there weren’t ridiculously high expectations and billions of dollars on the line.  I can’t hate on these kids though, it is their moment, after all.

Source:

The Perk Bubble is Growing as Tech Booms Again (WSJ)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. replica watches online are ban commented on Sep 18

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  2. bitcoin loophole reviews commented on Sep 19

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  3. eatverts.com commented on Sep 21

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  4. love dolls commented on Sep 25

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  5. 안전놀이터 commented on Oct 05

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  6. porn movie commented on Oct 18

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  7. 먹튀검증사이트 commented on Nov 07

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  8. male wigs commented on Dec 08

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  9. hotels in san francisco commented on Dec 15

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  10. human hair wigs commented on Jan 19

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  11. Krups Beertender B95 manuals commented on Jan 20

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  12. idn live commented on Jan 27

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]

  13. prediksi hk malam ini commented on Feb 01

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2011/07/06/the-return-of-korporate-kindergarten/ […]