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> Location Though the team has spent many years scaling remote-first companies and is currently remote, we are hiring specifically in Los Angeles, London, and N
by atleastoptimal 3mo ago
> Location Though the team has spent many years scaling remote-first companies and is currently remote, we are hiring specifically in Los Angeles, London, and New York, with an expectation for a flexible in-office schedule as we build our presence in each region.
I always get a "lifestyle business" vibe when tech companies are based in LA or NY. When you're a seasoned veteran you'd prefer to live in a larger, more fun city, even though tech is concentrated in the Bay Area
- simonw 3mo agoOr you want to hire the kind of seasoned veterans who want to live in those cities. Often later-career, families, looking for exposure to more than just a thriving tech scene.
- cj 3mo agoAnd salaries are lower than SF.
- woodruffw 3mo agoI don’t think that’s a parsimonious explanation in a post-COVID world. It seems equally if not more likely that talent is more distributed, and people find fewer reasons to relocate into the Bay Area (in terms of career progression, etc.) (This is not, in my mind, either a good or a bad thing.)
- mikeocool 3mo agoLike notable lifestyle businesses Datadog, Squarespace, Etsy, Tinder, and Snap.
- dgellow 3mo agoWhat do you mean by lifestyle business?
- nvme0n1p1 3mo agoA business that lets employees have a healthy work-life balance.
- dgellow 3mo agoThanks, it’s a bit concerning that’s not considered the default
- tough 3mo agoThat's not the original meaning of a "lifestyle business" anyways, which is more like a business that makes enough (to its owners, nothing to do with the employees) for them to maintain their desired lifestyle, like maybe a few million in revenue or whatever, but can't / won't be scaled beyond that because their lifestyle is already well supported by the current business growth / volume / revenue so they have no interest on blitzscaling, taking VC money, and running the perpetual growth treadmill or because the business is already topped-up and won't support further scaling (its not always a choice)
- dgellow 3mo agoAh ok, in that case Superlogical doesn’t sound like a lifestyle business given the number of VCs involved
- tough 3mo agoYes, indeed, although i think in this case it was just signalling how not being "SF focused" might be seen as a lack of ambition or whatever in such VC contexts or something and thus the exaggerated comparison to it being a lifestyle business merely due to the location requirements on ny/la (nicer cities to live in, maybe, than SF, or whatever) i think just michael is based on LA, so he prefers having the offices near his home (has kids, etc), and has enough FU money to not need to let the VC's dictate where the HQ's are located at. I guess also they dont love the idea of managing people remotely for a small startup/first hires, although im sure for the right person they wouldn't really care (or usually this is how it goes on most small companies/startups)
- mikeocool 3mo agoGenerally I think lifestyle business means a business that is going to make the owners a comfortable living but not likely to make anyone filthy-rich. In silicon valley/tech it's sometimes treated as a derogatory term.
- dragonwriter 2mo agoIn finance and VC-funded -startup worshipping circles it is derogatory, because it means you aren't trying to scale like a VC-funded-startup. That space is often confused with “tech”, and obviously overlaps with it, but its not the same thing.
- evantbyrne 2mo ago"lifestyle business" is sometimes used as a derogatory term to describe setting up a corporation for a hobby that is not really meant to be profitable.
- bellowsgulch 2mo agoThat's not what a lifestyle business is.
- evantbyrne 2mo agoIt is how I hear people using the term idk what to tell you
- trollbridge 2mo agoIn VC circles, "lifestyle business" refers to a business that is profitable but has no plans for scaled up growth and instead basically exists to provide a job to its owner or founder that lets them live a lifestyle they like, including the job itself.
- deleted 2mo ago[deleted]
- tough 3mo agoIts interesting they recognize they've themselves worked remotely for most of their careers but not for our new company. Maybe its a new trend
- fuzztester 2mo agoThey've taken funding. i saw that on their site. vcs probably told them not to make it fully remote, given current rto trends.
- cmrdporcupine 3mo agoFunny how just 3-4 years ago on this forum people were openly prognosticating about how the era of fully remote work was here to stay and the centre of gravity of investment no longer had to be SV and YCombinator was running fully remote sessions, etc. etc. And here we now have people saying stuff like this again. Also, long live the "lifestyle business" if it means people just making businesses that bring in non-exponential but justifiable and sustainable income ... like, y'know, a business is supposed to. Good grief.
- dbalatero 3mo agoGod forbid someone see their kids after work. Won't someone think of the potential profits in performatively staying late at work?
- wrxd 3mo agoAnother example of the galaxy brain people who like employees to go to an office but then are happy to have offices all over the world, some of which have 8 hours of timezone difference. Are they the champions of collaboration or the champions of company culture?