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This might be the one and only competitive advantage startups can offer over the big (and even mid sized) tech companies now. As previously mentioned, the comp
by joejerryronnie 8y ago
This might be the one and only competitive advantage startups can offer over the big (and even mid sized) tech companies now. As previously mentioned, the compensation is so large at the established tech companies, and the (mostly) false promises of startup wealth are largely debunked, that allowing all workers the ability to move to lower cost areas or back home but still work in a dynamic industry is very appealing.
One of the risks of remote work is the next opportunity. What happens if you land a great remote job, move your family across the country, and then realize the new job/boss/company is not a great fit? Right now, it can be a challenge to find a comparable position offering full time remote flexibility. But if all startups offered full time remote, then the network effect occurs, leading more candidates to want this option and opening up a larger pool of qualified applicants for startup companies to work with.
If YC could facilitate this industry trend, you could be helping startups with talent acquisition, helping workers establish better lives in lower cost locales, helping to spread tech talent and opportunities around the country, and helping the Bay Area (and other highly impacted tech hubs) ease some of the housing and transportation issues. If this is a successful startup trend, I guarantee the big tech companies will follow.
- yesimahuman 8y agoAgreed that this is a big competitive advantage that smart founders should take advantage of. Doesn't mean you need to go 100% remote, but by being flexible on location you offer a pretty compelling alternative to a big tech co salary.