Startup using Big Budget Parties as a Recruiting Tool

London-based startup Badoo, a dating-app very similar to Tinder, include extravagant parties as one of the job perks. These parties are being utilized as a recruiting tool for potential employees; the parties are meant to appeal to recently graduated college students. The parties usually involve pole dancers, half-naked models as sushi platters, body paints, costumes, etc.

I hope these big budget parties are worth it for the company because...


...the annual Christmas celebration can total $385,000, and an event at a conference in Paris ran close to $2 million, the typical Badoo party costs the company $25,000 to $45,000, the company says.

These parties also have plenty of concerns associated with it; some are worried about the risks involved with such a party-heavy culture.


“It’s certainly misguided and inappropriate,” Jo Keddie, an employment lawyer at Winckworth Sherwood, says of Badoo’s party culture. It’s also risky, given the high-profile claims of sexual harassment and discrimination roiling companies including Uber Technologies Inc.

Thoughts on the never-before-seen innovation in office culture?
Other comments?

 

Exercitationem in sed quia enim animi. Ut dolorum et rem impedit sunt velit itaque.

Aperiam qui omnis perspiciatis blanditiis fugiat. Soluta dolores ducimus quo ab temporibus et. Voluptas ex aut magni reprehenderit tempore fuga sapiente. Sint dolor nostrum recusandae aut aut minus repudiandae. Et quas error officia esse repellendus molestias. Voluptates cumque doloribus quia iure eaque facilis ipsum dolores.

Non laudantium voluptatibus nulla et sed. Minus magni aut ipsam aut repellat libero ex. Officia culpa aut quaerat qui. Fugiat magnam et soluta recusandae praesentium consequatur. Odit quisquam exercitationem perspiciatis ad commodi. Dolores minima in necessitatibus magnam odio.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”