Alright! First of all, the term Coffee Budget is not a standard term. I coined this term in context of Entrepreneurship and Product Management. In my entrepreneurial journey of 5 years or so, I have met hundreds of people that include other fellow entrepreneurs at similar level as mine, the beginners, founders of successful startups, Angel investors, VCs of almost all shapes, sizes and stages, advisors, mentors, corporate big wigs or senior management officials, govt.
Hiring is an integral part of any company. Be it a startup or a large MNC, both cannot survive without hiring and the opposite of it, Firing. But the HR managers struggle to get the right candidate to fill in positions. You would have heard it many times that any decent position hiring takes at least 100 people to be interviewed to hire one right person and firing is much more painful.