Very, very well said.<p>When I see a young company that has lavish offices, I see a company that I want to avoid, for pretty much the reasons the author points out. It's a company that's wasting their resources on things that don't matter. An established and very profitable company can get away with this (although it's still not a great look), but a young company? At best, it's a sign that the company isn't going to be around for all that long.<p>It also triggers the "chandelier rule" (when being pitched something, the bigger the chandelier in the room the worse the deal is for you). It's not quite the same thing, but it's in a similar ballpark.