I was an intern in a startup that tried exactly this. It was a lot of fun. We got a ton of VC cash to burn and so why not do it in a nice environment? In the end, the company failed. We all got too much into a "holiday" mood. The webdesigner won a surf contest. The CEO started an affair with not one, but two of the female employes. We all got fat from eating delicious food from the 5-Star hotel and high class Restaurants near by.
Moral of the story? Stay frugal even when you dont have to. It might be better for the company.
Moral of the story? Stay frugal even when you dont have to. It might be better for the company.