How shut-down Bay Area tech companies ditch their fancy gear
Liquidation & Auction Ecosystem
- Commenters describe a long-standing secondary market for tech and industrial gear: office furniture, lab instruments, network equipment, even MRI machines and rocket nozzles.
- Similar auctions proliferated after the dot-com bust and during other downturns; surplus warehouses and university/government surplus stores play a similar role.
- Auctions are often user-hostile (no shipping, weekday-only pickup, sparse descriptions, strict terms) but can yield “pennies on the dollar” deals.
Office Chairs, Ergonomics, and Culture
- Aeron and other high-end chairs are a recurring theme; many people report buying them used cheaply from failed companies and being happy years later.
- Some see fancy chairs as wasteful vanity; others argue ergonomics and comfort are legitimate investments, especially for talent attraction and long hours.
- There’s lighthearted talk about “haunted” failure chairs versus chairs as “trophies” of past busts and learning from failure.
Finding Similar Deals Elsewhere
- Commenters list local office liquidation shops, industrial auction platforms, and regional surplus/flea markets in different cities and countries.
- Advice: look for office-furniture leasing/repair vendors, industrial auction sites, and university surplus outlets; many don’t have polished retail fronts.
Views on Startups, VC Spending, and Waste
- Some see the cycle—lavish offices, perks, then liquidation—as evidence of structural waste funded by VCs and institutional money, with startups not trying very hard to succeed.
- Others push back, saying deliberate fraud is rare; most failures are incompetence or risky bets in a model where a small minority of successes pay for many failures.
- Debate over whether investors encourage rapid spending to find out quickly which companies can become outliers versus “lifestyle” mid-sized businesses.
Planes, 3D Printers, and “Outrageous” Assets
- Discussion clarifies that the “private planes” and big 3D printer cited in the article belonged to aviation and vehicle-manufacturing startups, where such assets may be technically justified test platforms.
- Some still argue ownership vs. leasing is questionable; others note lease terms or modification needs can make ownership rational.
Nostalgia, Provenance, and Collectibles
- Several reminisce about legendary surplus/junk warehouses and buying artifacts from famous or failed companies.
- There’s a playful suggestion to sell liquidated items with provenance (“this chair survived the crypto and AI bubbles”), though practical/legal implications are noted as unclear.