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$1B Business Where All 700 Employees Work Remotely (2019)

forbes.com

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Re: $1B Business Where All 700 Employees Work Remotely (2019)

#41

Post by rwmj »

PunchTornado wrote: post #37
rwmj wrote: post #14

Earlier quoted context omitted.

Red Hat is about 50% remote, and was plenty profitable before being acquired by IBM last year. Edit: And is still profitable now. It sounds like I was saying it was only profitable before being acquired :-)

the op is asking for remote only companies. thousands of companies do partial remote work like red hat

Red Hat working is more remote than you'd think from the pure numbers, since even if you're working in an office your team won't all be in the same office. The team I'm in has people working in offices in CZ, around the US, the UK, Australia, and in China. So we work using remote tools anyway.

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#42

Post by ksec »

sytse wrote: post #34

I'd be happy to answer any questions about remote work. We've published extensively about this subject https://about.gitlab.com/company/culture/all-remote/guide/ and today we released a remote work emergency toolkit https://twitter.com/darrenmurph/status/1237771768020054016

>We've published extensively about this subject

For entrepreneurs or anyone thinking of All-Remote culture I think the hiring page is better [1]. And a list of countries that they dont hire due to legal reasons. [2]. And list of countries they have listed as cooperate entity for Payroll [3]

I think a lot of the issues and problems with All-Remote is not in the communication or working style ( which can be adopted ) but actually in the hiring and legals where smalls startups have absolutely no time, idea, nor the energy to do it themselves. I remember reading HashiCorp's founder saying the same thing where its was the hardest part of hiring across the world.

This may actually be startup idea to solve this.

[1] https://about.gitlab.com/company/culture/all-remote/hiring/

[2] https://about.gitlab.com/jobs/faq/#country-hiring-guidelines

[3] https://gitlab.com/gitlab-com/www-gitlab-com/blob/master/dat...

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#44

Post by [deleted] »

ng7j5d9 wrote: post #2

Not trying to be snarky, but because I think it'll be meaningful to executives: What's the largest profitable remote-only company? Sure, your Gitlabs, Elastics, Sonatypes, etc, are remote-only, but they're still in VC-funded, money-losing, growth mode, AFAIK. Are there profitable remote-only companies that a more conservative, maybe even non-tech company could look at to get a warm fuzzy rather than being able to dis…

[deleted]

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#46

Post by paxys »

ng7j5d9 wrote: post #2

Not trying to be snarky, but because I think it'll be meaningful to executives: What's the largest profitable remote-only company? Sure, your Gitlabs, Elastics, Sonatypes, etc, are remote-only, but they're still in VC-funded, money-losing, growth mode, AFAIK. Are there profitable remote-only companies that a more conservative, maybe even non-tech company could look at to get a warm fuzzy rather than being able to dis…

Profitability means nothing at this stage (and is sometimes even undesirable). As long as it is following the same growth path as more established companies in its segment, it can be considered a success.

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#47

Post by tree3 »

ng7j5d9 wrote: post #2

Not trying to be snarky, but because I think it'll be meaningful to executives: What's the largest profitable remote-only company? Sure, your Gitlabs, Elastics, Sonatypes, etc, are remote-only, but they're still in VC-funded, money-losing, growth mode, AFAIK. Are there profitable remote-only companies that a more conservative, maybe even non-tech company could look at to get a warm fuzzy rather than being able to dis…

Elastic is not remote-only and they are not VC funded anymore (they IPO'd)

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#48

Post by sytse »

ksec wrote: post #42
sytse wrote: post #34

I'd be happy to answer any questions about remote work. We've published extensively about this subject https://about.gitlab.com/company/culture/all-remote/guide/ and today we released a remote work emergency toolkit https://twitter.com/darrenmurph/status/1237771768020054016

>We've published extensively about this subject For entrepreneurs or anyone thinking of All-Remote culture I think the hiring page is better [1]. And a list of countries that they dont hire due to legal reasons. [2]. And list of countries they have listed as cooperate entity for Payroll [3] I think a lot of the issues and problems with All-Remote is not in the communication or working style ( which can be adopted ) b…

For sure that is a big problem. I blogged about it in 2016 https://sytse.com/2016/12/28/adyen-for-payrolling.html and I'm excited to be an investor in Remote.com that tries to solve that problem. It is started by our old VP of Product Job van der Voort.

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#49

Post by alohaandmahalo »

sytse wrote: post #34

I'd be happy to answer any questions about remote work. We've published extensively about this subject https://about.gitlab.com/company/culture/all-remote/guide/ and today we released a remote work emergency toolkit https://twitter.com/darrenmurph/status/1237771768020054016

Happy to answer questions about remote as well!

Loads of guides in the links Sid mentioned.

Plenty to watch in our Remote Work playlist at GitLab Unfiltered: https://www.youtube.com/playlist?list=PL05JrBw4t0Kq7QUX-Ux5f...

We're doing a webinar on Friday (2020-03-13) and would be happy to answer Qs there as well: https://gitlab.zoom.us/webinar/register/WN_hSUtLvcSTsqQ7ftNb...

Re: $1B Business Where All 700 Employees Work Remotely (2019)

#50

Post by PunchTornado »

rwmj wrote: post #41
PunchTornado wrote: post #37

Earlier quoted context omitted.

the op is asking for remote only companies. thousands of companies do partial remote work like red hat

Red Hat working is more remote than you'd think from the pure numbers, since even if you're working in an office your team won't all be in the same office. The team I'm in has people working in offices in CZ, around the US, the UK, Australia, and in China. So we work using remote tools anyway.

yes, but that's happening in every big company.
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