@ 2992 - Yes, and no.
Let's see here. A G550 / GLEX / 7X is going to cost you anything from $40 - $55m, depending on YOM, TTAF etc etc. Initial type ratings for 4 pilots will probably cost you around $200K. That is less than 0.5% of the total investment.
To put this in to perspective, I've heard rumors that parking in the new hangars up in Moscow SVO is around $50K. Per month. I have been quoted $55K for a new carpet for one of our jets. New FMS? $55K?
If your aircraft is going to be operated on an AOC and you hire a rated pilot he/she still needs to do an OPC. If you get the "wrong" guy, just because you were chasing type rated pilots, and he/she leaves before the end of the first year, you would have been better off financially had you hired the "right" pilot, that stays with you, and given him/her an initial....