Startups that Have Employees In Offices Grow 3½ Times Faster
steveblank.com/2023/02/14/startups-that-have-employees-in-offices-grow-3-%C2%BD-times-faster
What Jamie wrote
Interesting set of data from 37 companies in the portfolio of Reach Capital.
Using this model James found that pre-seed and seed-stage startups that had employees returning to some type of office had 3½ times the revenue growth of startups that were fully remote. Those are staggeringly large differences, and while other factors may play some role (see “What Does This Mean, below), the impact of the all-hands-on-deck approach can’t be ignored.
It is a small dataset but the delta is significant. There are many opinions on every side of this debate, so any splash of quantitative data is great to see.