Twitter CEO Jack Dorsey's comments about San Francisco are a warning sign for the city's tech scene.
Docs for document sharing. HashiCorp and GitLab executives have put in place additional processes for asynchronous work, so employees on opposite sides of the globe can communicate and collaborate.
They also have annual events for which they fly the whole company to a particular spot — HashiCorp's event is coming up in Atlanta — and team members are encouraged to meet up with a little more frequency. Some of the savings they realize from office costs and salaries are redirected towards higher travel budgets.as the head of remote. Murph works out of his home, in a North Carolina town of 300 people, and handles tasks like onboarding and inclusivity.
"You have it easier if you start from the beginning so you don't introduce the idea of a second-class citizen," Murph said. "When hallway conversations don't exist, everyone is on the same playing field." Niko Bonatsos, a managing director at venture firm General Catalyst, has been looking for remote-first start-ups to back for the last couple years, as well as developers of new services focused on things like productivity and payroll for distributed teams. He said that Silicon Valley entrepreneurs are finally learning what their counterparts figured out a long time ago — that having a distributed workforce is the best way to run a lean operation.
"For all of us who have been on boards of Silicon Valley companies the last two to three years, this topic is a reoccurring one," said Bonatsos, whose firm is an investor in GitLab. "In an environment where fundraising may become trickier, with a distributed team costs are smaller and you have a much longer runway."
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