MrMedia
Aliph, the maker of the Jawbone Bluetooth headset, dropped half a million on fancy furniture for its offices, then fired 25 of the 75 people whose seats the purchase was meant to warm. Today's featured commenter, MrMedia, explains why the expenditure was worth it:
It could be a wise move. If you invest $500k in exotic furniture, it will probably have a liquidation value of $200k when this company of his goes belly up in 24 months. Likewise, that $500k sitting in the company's bank accounts would be worth $0 in 24 months. And if he invested it in the stock market it would probably be worth $150k in 24 months. The way I look at it, this was a very savvy move on the CEO's part. Bravo!