InVision, valued at $1.9B, picks up $115M Series F

Re:InVision, valued at $1.9B, picks up $115M Series F by warent on Tuesday December 11, 2018 @11:26AM (#18656388)

This is definitely worth highlighting. Why so many businesses are still deluding themselves into thinking that work is better done when cramming people into an office is beyond me. Remote work is still the minority. My hypothesis is that it's actually just covert ego/power/distrust at play because founders and executives like to be able to say they have an office, and they like to see their employees "working." This mostly only applies to "new" businesses though (i.e. founded in the last 5-10 years); older businesses have an excuse because they're just doing what they already know.

In any case, huge respect to InVision for being one of the leaders in advocating remote work.

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Re:InVision, valued at $1.9B, picks up $115M Series F by anongraddebt on Tuesday December 11, 2018 @02:35PM (#18658127)

Is there a company, equivalent (or larger) in size to InVision, that is an example of a remote work org.? $100M ARR isn't anything to scoff at, but I'm not sure InVision's success (so far) puts the nail in the coffin to the idea of a non-remote work org.

I'm young and still find it invaluable to be able to walk over to Jane in engineering or Bob in marketing to hash things out in-person.

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Re:InVision, valued at $1.9B, picks up $115M Series F by warent on Tuesday December 11, 2018 @02:57PM (#18658323)

Elastic (ESTC) is another example off the top of my head, and they're public.

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Re:InVision, valued at $1.9B, picks up $115M Series F by cercatrova on Wednesday December 12, 2018 @10:56AM (#18664919)

GitLab is also a fully remote company.

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Re:InVision, valued at $1.9B, picks up $115M Series F by dsumenkovic on Wednesday December 12, 2018 @12:05PM (#18665567)

That's right. You can read more about it at https://about.gitlab.com/company/culture/all-remote/. There you'll find how remote work is changing the workforce, how it changes the organization, advantages for employees and organizations and what did we learn about remote working.

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Re:InVision, valued at $1.9B, picks up $115M Series F by l4u532 on Tuesday December 11, 2018 @02:28PM (#18658046)

I, for one, work non-remote because of the social factor. Being among people physically is awesome (for me). And there’s surely a lot of founders who prefer building up a company with an on-site social environment. A co-working space does not count, because of the lack of continuity with your surrounding peers (ie. no common projects that lead to ‘being together’), hence its much harder to establish long-term relationships.

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