thought experiment: you have a startup. you hear about a new startup with smart, dedicated founders that is going to compete with you. are you most nervous if they are
25% fully remote
14% in person 3 days a week
61% fully in person
31,070 votes • Final results

Aug 1, 2022 · 4:31 PM UTC

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Replying to @sama
If there was an option to choose "Not strongly correlated either way", I would've chosen it.
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Replying to @sama
trick question tbh the real answer is 'I'm not nervous either way' because when you really build your startup with the right mission at heart and a laser focus on customers, you end up escaping competition (remote or not) Also, competition is for losers (Peter Thiel)
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Replying to @sama
A fully in person team in current times gives the vibe of a cult. And cults are dangerous.
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Replying to @sama
Fully remote, because they figured out how to work asynchronously. Asynchronous communication is more efficient, but requires more skill and shared context.
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Replying to @sama
if you are nervous about a competition coz of their working style (remote or in person), you picked a silly enough problem or were unworthy to compete with.
Replying to @sama
That would not be material compared with: experience of founders, strength of backers, money in bank, etc. I think that fully remote teams can be great w/the right people/money; in-person teams can fail if founders & backers are not strong & no $ in bank. IMHO
Replying to @sama
Neither. It’s all about the team executing whether in person or remote.
Replying to @sama
It depends on where they are located - Bay Area or other hubs, I know they can hire talent and in person gives them an team-cohesiveness edge. But if they are elsewhere, they might have to be online to attract outstanding team members
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Replying to @sama
Fully in person, if they live in the same house. Fully remote because saved commute time = building time.
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Replying to @sama @bjnovak
Great to see this info!! Thanks for sharing. 😊