The Future is Remote: Here’s Why

The global workspace is changing and rapidly at that. Global startups are achieving billion dollar market caps and launching innovative products working together all from the comfort of their own home.

After March 202, some of the tech giants such as Facebook, Apple, and Twitter embraced this “new normal” and went on to state that work from home is here to stay.

According David Sacks, co-founder of Paypal:

Cities used to compete for jobs and tax revenue by attracting companies. In the era of remote work, they will compete to attract knowledge workers. Individuals can relocate much more easily than companies. This will swiftly reward competent cities and punish incompetent ones.

90% of remote workers would recommend working remotely to a friend.

Here are the top successful fully-remote startups in 2021

Gitlab: $6 billion

A DevOps platform built for the enterprise CI/CD, DevSecOps, and all-remote workflows. Gitlab has a fully remote and completely distributed team of more than 1200 members. They believe in asynchronous work which means the team members can contribute from anywhere at any time.

Automattic: $3 billion

Software makers responsible for WordPress, WooCommerce, and more.

Zapier: $5 billion

Zapier creates workflows called Zaps that connect your apps to automate repetitive tasks. Zapier is a fully remote company with employees in over 28 countries and 17 time zones. They offer competitive salary, unlimited vacation policy, among many other benefits.

Invision: $1–$10 billion

A digital product design platform to helps thousands of companies, including the Fortune 100, and brands such as American Express, Netflix. InVision is a fully remote company with its distributed team in more than 20 countries. The company offers medical insurance, equipment allowances and conference/travel budgets to all its employees.

GitHub: ~$10 billion

A developing platform to host and review code and work with over 36 million developers.

Hubstaff: $2.4 billion

Hubstaff is a time tracking tool that’s used by over 34,000 businesses. The distributed company started in 2012 as a way to better manage global remote teams.

Octane AI

A Facebook Messenger & SMS platform for Shopify brands.

Sketch: $2-$10 billion

A digital design toolkit.

Toptal

All-in-one commerce platform.

Photo by Kristin Wilson on Unsplash

Top Hybrid Companies

Shopify: $180 billion

All-in-one commerce platform.

Amazon: $1.73 trillion

Online shopping, streaming, and subscription service.

Trello: $5 billion

Forecasting and analytics tool for growing businesses.

UnitedHealth Group: $383 billion

Digital healthcare company providing clinical care both in-person and via telecommuting employees.

American Express: $139 billion

Financial services company.

Humana: $51 billion

All-in-one health insurance.

Slack: $26 billion

A team communication platform.

Zoom: $80 billion

A video conferencing solution.

Photo by Sincerely Media on Unsplash

The future of work is remote and the top companies in the world will figure out how to adapt and restructure their organization to align company goals with the wellbeing of at-home employees.

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