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> Companies do so many suboptimal things that this argument isn't credible. We've seen how many organizations can barely limp through a "digital transformation"
by jt2190 5y ago
> Companies do so many suboptimal things that this argument isn't credible. We've seen how many organizations can barely limp through a "digital transformation",
But startups [1] (the original context of this thread) aren’t “digitally transforming” themselves, they’re trying to create completely new approaches to outdated ones. The question is: Is the increased friction of remote communication a competitive disadvantage when in the company formation stage? What about the growth stage? If so, does the extra friction overwhelm the company’s other strengths, like market demand?
I suppose we’ll see in ten years or so if any/many unicorns emerge that started as fully remote. [2] (My guess is that we’ll still see most startups were not fully remote.)
[1] The YC definition: Venture-backed, huge growth, winner-takes-all, etc.
[2] Someone please start a spreadsheet/investment fund.