The actual quote is
"We’ve spent less than $1000 on hiring, but I’ve had coffees or breakfasts with probably hundreds of candidates. Measured by hours, recruiting is one of our largest investments"
You quoted that extremely disingenuously.
"We’ve spent less than $1000 on hiring, but I’ve had coffees or breakfasts with probably hundreds of candidates. Measured by hours, recruiting is one of our largest investments"
You quoted that extremely disingenuously.
But as implied, time and opportunity cost is what really matters, the dollars are minimal in comparison.
When founding our company, actual costs were low. Opportunity cost was large (not earning our existing salaries). Now the business is good and salaries vastly outweigh all other expenses (and we are in a low tech town, unlike SF).
The author is female.