[email protected]+ Your Authors @Jason I'm the angel investor who backed @uber @thumbtack @wealthfront @datastax @robinhoodapp @desktopmetal & @calm 3 years before you became addicted to them May. 15, 2020 1 min read + Your Authors

My recession thesis:

A/close to 100% of companies will embrace remote work after this because...

B/100% of founders & management teams just learned how to manage remote work & quickly found that...

C/Some workers are crushing it & others are, well, “not crushing it” so...

D/most companies don’t know who the underperformers are, because, well, they never looked at exactly what people accomplished (great managers do this, most folks are not great managers)... so...

E/The folks not crushing it are going to get cut... And...

F/Office space will be reduced by at least 50% by companies.... which will.....

G/Make the companies that survive this recessions STRONGER because they have less people and lower costs.... at the SAME TIME.... The huge win will arrive...

H/Managers will master remote management and find that they can put what would have been a $100,000 a year and six months to fill in SF on Craigslist in Detroit, Texas or Kyoto &....

... get someone BETTER, who will stay longer for a 10-30% discount.... which....

I/Will make the surviving companies MUCH STRONGER because their average salaries are lower, their head counts are lower, they hire people faster, have less turnover & they don’t have massive office space & facilities spending (& wasted brain cycles/headcount)!

Which will....

J/Ride us out of this recession in under 18 months with ABSURDLY strong new companies that....

... my team and I @LAUNCH will have invested tens of millions of dollars in!!

./the end/.

Discuss.


You can follow @Jason.



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