Companies draw the line between these conflicting goals at various places.
Companies draw the line between these conflicting goals at various places.
As an employee, I always tried to work from home 2-3 days and then work from the office 2-3. Was a great happy medium.
I would be hard-pressed to name a venture investor that also finds themselves in the real estate business to such an extent that they want their investments to relocate? Investors do not own SF property for their companies and even the traditional ones on Sand Hill Road are leasing (expensive) office space like the rest of us.
It is possible that the investment and the board had influence on the decision but that could be for reasons independent of real estate ownership.
There is a reason companies give all those perks to employees - their (employees) loyalty grows. Employees get addicted to all the great stuff large corpo have to offer.
Its like small startups getting office dog. People get emotionally connected to it so they wont leave the company... Cheap trick but it works. Free snack bar, transport and gym anyone?
I worked remotely for a small company that was acquired by Google & I had to relocate with my family to the SF Bay area against my will, similar to the Reddit folks. I had 10x the loyalty to the small company that I will ever have to Google, mostly because of the forced relocation. I can't wait for the retention bonuses to run out & to move back home.
Only explanation -- a broken apostrophe key.
MIT tech review just published a piece about Eric Schmidt's view on remote work and leadership: http://www.technologyreview.com/news/531056/google-execs-hav...
Linux Kernel is 100% remote workers.
(sarcasm in case it wasn't obvious)