#1 I have worked with and in many startups and have not seen this; you have good and bad managers obviously, but they are good or bad in both cases. Bad manager

#1 I have worked with and in many startups and have not seen this; you have good and bad managers obviously, but they are good or bad in both cases. Bad managers cannot work 'in an office' either. Ofcourse what is a good manager wildly varies; I like profit, but I like happy people more. That can differ and changes the outlook of what 'good' means here. #2 Again, not often seen this; unless you start with juniors only (which, personally, I don't think is a good idea; at least get a good tech advisor) it is perfectly fine to build complete tech companies remotely. Two succesful companies I had were done with people I have never met in person. One of them I never even 'voice talked' to. Yet they were highly technical and solid. #3 Ping pong tables is at least 10 years ago. Like someone else said; fussbal tables, ping pong tables and pinball machines are even in stale old companies now. Staying together late, for many young people, can be done over Skype, although I am older, I often do it and it works akin to being there. Going to the pub, yes, for that you need to fly over, but no need to do TGIF every week, so flying over is not a problem.