When you scoop up some venture capital money, the first thing you should do is rent out a mansion in one of the wealthiest neighborhoods in Silicon Valley. Don't worry: after you move into Downton Valley, your investor will cheer you on!
Quickly, some of his Facebook friends chimed in to say that a bunch of "kids" renting the $10 million mansion at 125 Northgate Street in Woodside, California might not be the most prudent business move:
"That's a solid increase to the burn rate"
"Must be comforting to see your seed money used so wisely!"
"Hmmm, a "not so" humble start...how's their burn rate"
Colleran then edited the post, deleting the "Definitely makes a statement" remark and adding "don't worry, they pay most of the rent to live there." Well, then. These "recent Stanford grads" better be working on something that makes Snapchat look like a bag of marbles if they want to justify living in the fucking Wayne Manor. Or, they should go work at an established company where kooky waste is OK.