DeviantArt's development team is 100% remote, iirc
I dunno about the rest of the company.
InVision has no physical headquarters and all 700 employees work remotely
161–170 of 231 posts
Re: InVision has no physical headquarters and all 700 employees work remotely
#162Perhaps more interesting is that Elastic, the company behind Elasticsearch, just IPO'ed on NYSE, and they, too, have a fully distributed team of over 700 -- might even be trending toward 1000 by now. Zapier is another one at multi-hundred-person scale, and is a YC company. A couple other scaled-up ones on this model include Automattic (company behind Wordpress), DataStax (company behind Cassandra). There is also Wiki…
GitLab being all remote has been a problem during fundraises. We mentioned it since we're transparent and inevitably investors will want to visit your office. During our latest D round it was a smaller problem since later rounds are more based on financial metrics and comparables (GitHub, Atlassian, Jfrog). But I wouldn't say that it is no longer a problem with VCs, many still have scaling concerns. As one of the bes…
That’s sad to hear given as I’m looking to raise funds but also hoping to build a distributed team given the abundance of worldwide talent.
Does this change your strategy somewhat in that it limits your access to capital which forces you to look at profitability sooner?
Re: InVision has no physical headquarters and all 700 employees work remotely
#163Perhaps more interesting is that Elastic, the company behind Elasticsearch, just IPO'ed on NYSE, and they, too, have a fully distributed team of over 700 -- might even be trending toward 1000 by now. Zapier is another one at multi-hundred-person scale, and is a YC company. A couple other scaled-up ones on this model include Automattic (company behind Wordpress), DataStax (company behind Cassandra). There is also Wiki…
GitLab being all remote has been a problem during fundraises. We mentioned it since we're transparent and inevitably investors will want to visit your office. During our latest D round it was a smaller problem since later rounds are more based on financial metrics and comparables (GitHub, Atlassian, Jfrog). But I wouldn't say that it is no longer a problem with VCs, many still have scaling concerns. As one of the bes…
I'm curious how successful that investor is.
Re: InVision has no physical headquarters and all 700 employees work remotely
#164Earlier quoted context omitted.
Minimum wage laws for tipped employees (in the US) is also why I always tip with cash.
Minimum wage laws state that the employer needs to compensate the employee if their tips are not sufficient to meet minimum wage. It's not my job as a consumer to ensure this happens. The only reason to tip in the first place is because servers' have a lower minimum wage. As a voter, I would support a politician who would get rid of this reduced minimum wage and make it so people weren't guilted into compensating peo…
I'd like to see stats on how often they actually do pay them more if the tips aren't enough. They'd have to report them, among other things. The whole pay them less cause tips are going to make it up and be better has always struck me as a stupid system, too easily abused. We should just pay them the wage they should get, and get rid of tips.
Re: InVision has no physical headquarters and all 700 employees work remotely
#165Earlier quoted context omitted.
Minimum wage laws state that the employer needs to compensate the employee if their tips are not sufficient to meet minimum wage. It's not my job as a consumer to ensure this happens. The only reason to tip in the first place is because servers' have a lower minimum wage. As a voter, I would support a politician who would get rid of this reduced minimum wage and make it so people weren't guilted into compensating peo…
I'd like to see stats on how often they actually do pay them more if the tips aren't enough. They'd have to report them, among other things. The whole pay them less cause tips are going to make it up and be better has always struck me as a stupid system, too easily abused. We should just pay them the wage they should get, and get rid of tips.
They probably don’t, more often than not. But me paying tips in cash so the server can evade taxes isn’t going to help solve the root problem, and in fact, only makes it worse.
Re: InVision has no physical headquarters and all 700 employees work remotely
#166Earlier quoted context omitted.
"Also with our tool, it took an average of 30 seconds to get a meeting started." You must have better phone-meeting tools than my company does.
Right; didn't use a phone-meeting tool which sucks. We used Sococo's TeamSpace, because we were a startup and that's what we were creating (dogfooding our own product). When I left it was an app that was always-on, keeping all folks logged into the same 'map' network-connected. We could click in and out of one-on-one meetings, standups and bullpens, or whole-company meetings with audio/video setup times in 100ms or s…
That's so funny.
I wanted to build exactly this product half a year ago, didn't know it existed.
I am glad to see it exists. But they really have to work on their design.
Edit: Maybe the skeumorphism isn't so bad actually at explaining the concept to outsiders.
Re: InVision has no physical headquarters and all 700 employees work remotely
#167It looks like InVision is stuck between Sketch and Affinity Designer from the low-end, to Adobe at the high end.
They'll be squeezed from both ends of the market, hard. Seeing how they already have 700 employees, I don't see any break-through technology coming from them, so they're stuck in a highly competitive, stingy market, with VCs, wanting billion dollar returns on investment.
Yikes - unless their entire strategy is one of 500px - to get acquired, by Adobe in this case.
Re: InVision has no physical headquarters and all 700 employees work remotely
#168Earlier quoted context omitted.
GitLab being all remote has been a problem during fundraises. We mentioned it since we're transparent and inevitably investors will want to visit your office. During our latest D round it was a smaller problem since later rounds are more based on financial metrics and comparables (GitHub, Atlassian, Jfrog). But I wouldn't say that it is no longer a problem with VCs, many still have scaling concerns. As one of the bes…
I'm curious how successful that investor is.
Very successful. He's had a number 2 spot on the Midas list of best investors in a year.
Re: InVision has no physical headquarters and all 700 employees work remotely
#169Earlier quoted context omitted.
GitLab being all remote has been a problem during fundraises. We mentioned it since we're transparent and inevitably investors will want to visit your office. During our latest D round it was a smaller problem since later rounds are more based on financial metrics and comparables (GitHub, Atlassian, Jfrog). But I wouldn't say that it is no longer a problem with VCs, many still have scaling concerns. As one of the bes…
That’s disappointing to hear. Hopefully with the Elastic IPO and other public successes, the pattern matching algorithm will change. If you don’t mind the question, how many people is Gitlab now?
I'm sure the being all remote will become more common.
359 people now, see https://about.gitlab.com/team/
Re: InVision has no physical headquarters and all 700 employees work remotely
#170Earlier quoted context omitted.
Thank you so much for your questions. My high year in sales was 110k W2, 70k post tax, and 35k post expenses like food rent and car. My low year was 45k, aka just plain old base salary, and after taxes and expenses I broke even. I was living in a pretty expensive part of Boston. I'm sure I could have found a really nasty bedroom for like $650 if I wanted to haha. Right now as a waiter I'm making about $600 a week pre…
Can I suggest that experience is a bit atypical? Eastern Long Island is rural, but it is also very very much old money.
It's definitely old money, yes. I don't think someone could replicate this in Kansas at the Cracker Barrel