Thread by @chris_herd

6,500 companies — with 11m+ aggregate employees – signed up to our waitlist in the last 6 months

The biggest opportunites this decade will be in the future of work and living space

Here’s why me and @ShaneMac are launching a rolling fund today

[ a thread ] 💻🏠🌍

🌍Market size: there are 255m desk jobs globally today. After Covid passes around 30m of them will be done remotely full-time, rising to 70m+ by 2030

A majority of these jobs will be done remotely 3 days+ a week

There will be massive 1st, 2nd, and 3rd order effects as a result

👀Our focus: remote is at the same stage mobile computing was prior to the iPhone

The infrastructure and rails that enable remote work and living to rise globally still have to be built

Our focus is on finding, supporting, and investing in these startups

💰More info: follow this link for more details about the fund: tinyurl.com/LogosFund

What are the biggest opportunities we see?

👇

🚀Remote rising: I've spoken to around 1,000 companies over the last 6 months about their plans for remote work going forward

Covid has accelerated trends that were already happening by 15 years almost overnight

We have key insights in this space

🏢HQ's are finished: companies will cut commercial office space by 40-60%

Tools and services that enable organizations to transition seamlessly are of critical importance

🗺Fully distributed: ~30% of the companies we talked to are getting rid of the office entirely and going remote-first

Micro co-working spaces will emerge in every street, with great work spaces, coffee and on-demand fitness equipment

📈Remote burnout: The productivity inside the companies we've spoken to has gone through the roof

Their biggest concern is that workers burnout because they are working too hard

They are actively looking for ways to combat this

✈️ Remote onsites: 60%+ of companies we talk to are already thinking about ways to best use time together physically

The most popular we hear is flying team to locations for ~week. Portugal, Spain, Puerto Rico seem to be the most popular

Organizing this is very hard today

🚨Async by default: is the thing that organizations are struggling with most

The majority of companies have replicated the office remotely and it is causing strains that are beginning to show

Async tools that give teams superpowers are still emerging

🚂Output over time: the measure of performance in the office is how much time you spend sat in your seat

The measure of performance while working remotely has to become output.

Tools that enable this to be tracked more accurately are something we are asked for a lot

✍️ Written over spoken: documentation is the unspoken superpower of remote teams. The most successful team members remotely will be great writers

Companies are searching for ways to do this more effectively

Tools that enable others to write better will explode

🤖Personal RPA: robotic process automation will transform work for individuals

No-code tools that enable workers to built bots that automate menial parts of their roles will be huge

🚐 Remote Living: Work from anywhere RVs will become huge business

Associated business parks and services will spring up. This will happen even more rapidly as self driving tech emerges

🎮 Work as Play: Platforms will emerge that make the processes involved with doing work more game like

These tools help workers remain more engaged and empower workers with a deeper feeling of achievment as they make progress and complete tasks

🏆 Incentivized Relocation: Tulsa remote — paying people $10,000 dollars to move to a different city — is one of the most interesting economic development plays in history

Services that enable small nations to offer this instantly may emerge

🌉 City Unbundling: the allure of the city has been eroded by technology. You can easily spend time there without living there. Cost of living has made them irrational.

Modern time-shares for city living will emerge, city services being decentralized are inevitable

🧰 Vertical Tools: @NotionHQ, @loomhq, @zoom_us etc. are incredible horizontal products that do nearly anything

Vertical products that do one thing, operating around a constraint that looks like a feature, will explode to prominence

Meetings, async & culture big opportunities

🗣 Voice Tech: You speak 7x faster than you type and you read 2x faster than you listen

Tech that let's you consume and input via these modes will arise and interface with every possible tool you use

👀 Distraction Avoidance: The home office will skyrocket in popularity. A space at home to get away a necessity

There will be an explosion of people purchasing standalone units for their backyards for this.

🎳 Company communities: stronger corporate social channels, think company specific linkedins, that help develop a cohesive sense of connection between team mates

Stripe have a version of this which will likely be replicated/become more widespread

🏇 Venture Collectives: communities of founders, makers and operators will find one another and build tools to solve the problems they are facing

These teams will be uniquely placed to do this as they’ll be collections of people operating at the cutting edge of innovation

⛓ Decentralized Credentialing: a modern LinkedIn that focussed on outcomes

As job titles become less important, what you have achieved on a granular level will be the best way to showcase your skills and expertise

This is needed

🔆 Why us: we live and breathe this space

We know the founders who built the most important things in this space yesterday

Our friends are the founders building the most interesting projects in this space today

We see the most exciting startups of tomorrow as a result

🔮 Contact us: building something in this space? DM me or @ShaneMac

Want to learn more about us: tinyurl.com/logosfund-abou…