PG – multiple founders want people to return to the office

Fundamentally that's what it comes down to. Maybe the 10% sackings in the FAANG was the reset to force costs of labour down, and it worked, or maybe knowledge worker unions will happen at scale and founders will have to accept what to them looks like a tractable cost containment is in fact unavoidable: if you need specific skills then expect to pay net present value for them.

I increasingly like to see founders as parasites, not creative geniuses. Theranos wasn't unusual, what was unusual was believing medical tech was the thing to play in.

I wish we had more people like the ones we had in Xerox Park, Bell labs, and IBM's labs.

Get rich quick IPO nonsense is ruining tech.

When are remote workers going to start blaming themselves? Clearly, companies big and small are recalling their workers back to their office. Clearly, they have data showing that their productivity metrics have declined. Tech management are usually very data-driven compared to other industries. So if they're recalling workers, then they must see something.

The simplest explanation is that remote/hybrid culture is less productive on some metric - whether it's total company output or less creativity or whatever it is. So while an individual remote worker might perceive himself or herself as being more productive, they often do not think at the level of the total company output.

And no, they aren't going to come out and explicitly say that their WFH workers are lazier and less productive. That's just bad PR. But you can infer what management is seeing from their actions.

interesting how many of those names have commercial property investments. direct or indirect.

could it be related?

and all of this is lost if workers are at home