YC probably has some really interesting data on this for pre-seed companies since moving from a required relocation to fully remote. For new founders the value

YC probably has some really interesting data on this for pre-seed companies since moving from a required relocation to fully remote. For new founders the value of being in person around other founders in the epicenter of your industry can be pretty huge. It's the questions you don't know to ask that are often the most valuable-- the overheard conversations, unexpected connections, and coffee chats that often make the difference between survival and death in the early days. IIRC early data during the pandemic indicated that while remote work didn't impact productivity for established employees it was harder for new hires to find personal traction within the company.