Comment by atleastoptimal
7 hours ago
> Location Though the team has spent many years scaling remote-first companies and is currently remote, we are hiring specifically in Los Angeles, London, and New York, with an expectation for a flexible in-office schedule as we build our presence in each region.
I always get a "lifestyle business" vibe when tech companies are based in LA or NY. When you're a seasoned veteran you'd prefer to live in a larger, more fun city, even though tech is concentrated in the Bay Area
Another example of the galaxy brain people who like employees to go to an office but then are happy to have offices all over the world, some of which have 8 hours of timezone difference.
Are they the champions of collaboration or the champions of company culture?
Or you want to hire the kind of seasoned veterans who want to live in those cities. Often later-career, families, looking for exposure to more than just a thriving tech scene.
And salaries are lower than SF.
Like notable lifestyle businesses Datadog, Squarespace, Etsy, Tinder, and Snap.
I don’t think that’s a parsimonious explanation in a post-COVID world. It seems equally if not more likely that talent is more distributed, and people find fewer reasons to relocate into the Bay Area (in terms of career progression, etc.)
(This is not, in my mind, either a good or a bad thing.)
Its interesting they recognize they've themselves worked remotely for most of their careers but not for our new company. Maybe its a new trend
Funny how just 3-4 years ago on this forum people were openly prognosticating about how the era of fully remote work was here to stay and the centre of gravity of investment no longer had to be SV and YCombinator was running fully remote sessions, etc. etc.
And here we now have people saying stuff like this again.
Also, long live the "lifestyle business" if it means people just making businesses that bring in non-exponential but justifiable and sustainable income ... like, y'know, a business is supposed to. Good grief.
God forbid someone see their kids after work. Won't someone think of the potential profits in performatively staying late at work?
What do you mean by lifestyle business?
"lifestyle business" is sometimes used as a derogatory term to describe setting up a corporation for a hobby that is not really meant to be profitable.
Generally I think lifestyle business means a business that is going to make the owners a comfortable living but not likely to make anyone filthy-rich.
In silicon valley/tech it's sometimes treated as a derogatory term.
In finance and VC-funded -startup worshipping circles it is derogatory, because it means you aren't trying to scale like a VC-funded-startup.
That space is often confused with “tech”, and obviously overlaps with it, but its not the same thing.
A business that lets employees have a healthy work-life balance.
Thanks, it’s a bit concerning that’s not considered the default
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