It doesn't surprise me. There is a huge advantage, in the first years of a startup, to be able to sit around with all the co-founders and early employees and ex

It doesn't surprise me. There is a huge advantage, in the first years of a startup, to be able to sit around with all the co-founders and early employees and exchange ideas as they come. Later on it matters less, as the advantage of synchronous communication diminishes once you have more employees than one office room can fit, which seems to be reflected in the research results.