Remote work hasn't taken off on a large scale because massively successful multi-billion dollar companies like Google/Facebook/Amazon/Apple/SpaceX were not built with remote workers.
You get (relatively) minor companies touting it such as Automattic and Basecamp. Those smaller businesses haven't achieved enough success to convince business leaders on a large scale.
So to riff on your writing... "if only there were a multi-billion dollar company built on the competitive advantages of remote work."
If that happened, we'd then have Harvard Business Review doing endless case studies on its superiority.
EDIT TO ADD:
There is a limited type of "remote" work that existing successful companies will allow (and even encourage): it's the offsite remote _team_.
Some examples include IBM's team to build the "personal computer" down in Miami instead of working in the New York offices. Amazon (Seattle hq) has Lab126 (Silicon Valley) working on the Kindle. Google wanted a rewritten Javascript V8 engine and hired Lars Bak from Denmark. From the story I remember, Lars Bak made it a condition of employment to not relocate to California and because he already had the reputation, Google agreed. At first, he worked out of his home in Denmark but then he opened a Google office and his programming team then worked in that office.
Those semi-remote scenarios are about as far as you're going to get until other businesses with full remote employees working from home proves to the business world that "remote working" is a competitive advantage.
Remote office with an onsite team in that remote office -- yes. Remote telecommuting from home on a large scale? Not yet.