Everything Justin Bedecarre said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Bedecarre: Apple, Meta, Salesforce, and Slack back in offices by April 2022
“Big tech, you know, that Apple, Salesforce, Facebook, Meta you know, Slack all of these companies are kind of targeting over the next couple months, but by April, they will all be back.”
Bedecarre: BLS data shows only 5.5% of businesses reduced office footprints
“Only 5.5% of businesses have reduced their square feet relative to how many employees they have in the country.”
Bedecarre: SoMa office leasing rebounded to 9.6M square feet in 2021
“In Soma, as we define it, apples to apples to what I'm about to share 8.2 million square feet of office was leased. In twenty-twenty that sunk down below six. In twenty-twenty-one it was 9.6 million square feet.”
Bedecarre: 81% of top 160 YC companies adopted hybrid work models
“We did a study of the top 160 YC, most valuable YC companies
published last year 81% of them are going hybrid in some form or fashion.”
Bedecarre: Companies Will Have More Physical Offices, Not Fewer
“A really interesting result of all this is that like, you know, companies are going to have more offices, not less.”
Bedecarre: San Francisco has lowest office occupancy of any major city
“Like the occupancy level in San Francisco is the lowest of any major city.”
Bedecarre: Raise client Brex creates cafe-style perk spaces instead of mandatory hubs
“One of our clients Brex that are creating these amazing cafe spaces that are like you know perks rather than like, you know hubs that you have to go into.”
Bedecarre: Google and Meta expect most employees in office a few days weekly
“Even companies as big as, you know, Google and Meta are expecting the vast majority of their employees to come at least a few days a week.”
Bedecarre: Sephora leased major portion of Salesforce's 350 Mission space
“Salesforce themselves put up one of their half of their building at three 50 mission. Sephora took a huge chunk of that.”
Bedecarre: Thumbtack is designing offices like libraries for focus work only
“Thumbtack is actually designing like a library. So they're going opposite. They're like, you only do focus work here, you know?”
Bedecarre: Big tech leased 18.4M square feet of office space during pandemic
“Our data shows 18.4 million square feet of leases by big tech, Amazon, you know Facebook, Google, Microsoft, Microsoft, et cetera. That's 312 football fields of offices in the US for office.”
Bedecarre: Facebook signed the largest office lease in Austin history
“Facebook just did the biggest office lease in history in Austin.”
Bedecarre: Badge data shows national office occupancy at 30% to 33%
“On average about 30%, 33% across the country are back in regularly according to like, you know, the badge data.”
Bedecarre: Fintech Startup Mercury Opened 5 to 6 Offices at 100 Employees
“One of our clients, Mercury, which is like a really, really successful you know, fintech company and they published this so I can share it, like you know, around a hundred employees, they had six off four, you know, five or six offices, and that would have nev…”