It baffles me why software companies spend so much money on leasing prime real estate in one of the most expensive markets, v.s. pursuing a more remote workforce strategy.
From my experience, the "creators"(developers, marketers, writers etc) in a company tend to favor remote work, while the "money men"(VCs and salespeople) tend to favor office space. Remote work only stands a chance if it's introduced in the early stages of a company when the creators have more power than the money men. In the latter stages of a company, the money men wrestle control of the company and going remote becomes less and less of a possibility.