Justin Betakure, CEO and co-founder of commercial real estate brokerage Raise, shares data from analyzing Y Combinator's top companies by market cap.
Assertion Supported
Betakure: Microsoft study found remote work maintained productivity but siloed teams
“Microsoft just did a study of 60,000 of their employees, and what they found was, while some productivity maintained, silos were created around teams in which they didn't collaborate, and so, you know, people were on islands during these last 18 months, and fu…”
Disclosure
Betakure: Raise shifted to a 3:1 hot desking ratio in SF
“Every single person had a desk pre-pandemic. Now we're three-to-one hot desking, and so there's a lot less desk and a lot more room to have, Couches and high, high tables and, you know, ways for our team to come together that's not just sitting heads with thei…”
Prediction Not checkable as stated
Betakure: Remote and hybrid work equilibrium will take 10 years
“This is going to be evolving over the next 10 years to figure out, like, what the right equilibrium is between remote and Hybrid workplace and office centric.”
Assertion Partly supported
Betakure: Loom, Coinbase, Chime, and Faire recently signed new office leases
“Companies like Loom and Chime, Coinbase, Benchling, Gem, Fair, Afterpay, all of these companies, many of which are our clients, have leased office spaces in the last six months.”
Assertion Supported
Justin Betakure: Asana and Front use synchronized hybrid office models
“Hybrid office centric, also known as synchronized hybrid, this is what companies like Asana and Front are doing, where
Most of the hiring is done around hubs in certain locations, and they synchronize when you come into the office two to three days a week, and…”
Assertion Supported
Justin Betakure: Coinbase, Shopify, and Brex use remote-first models with hubs
“Remote first is what Coinbase and Shopify and Brex are doing, where they run the entire company remotely from asynchronization to all hands done remotely, but they have hubs where you can, almost like a cafe, where you can go in and visit colleagues or even do…”