3 ms·
I don't know if it's better or worse. As I said, there are many ways to think about it. I do think that explicitly creating 2 different classes of employees pro
by nrmitchi 6y ago
I don't know if it's better or worse. As I said, there are many ways to think about it. I do think that explicitly creating 2 different classes of employees probably wouldn't even make it to my short list.
As well, I don't think that the early employees, who are already golden-handcuff-d (based on the growth in their valuation), are likely to be leaving Brex based solely on their salaries being adjusted if they explicitly choose to move.
Honestly, I think the actual adjustment is likely to be a moot point, at least in the short term. Based on my experience chatting with people at Brex 18-ish months ago, my impression was that everyone there was very much in the "SF-or-bust" camp. Not only did it feel like they were very against remote, it felt like they were against people who didn't explicitly want to move to SF. I suspect that a majority of their staff that is already in SF is not going to permanently move out of the city in the next year or so. In 4 years? Who knows, but it's kind of why this 4-year window feels odd.