Quora, Dropbox, Coinbase, Upwork - How are they doing 1.5 years after going remote-first? 🔍
Although the pandemic forced a lot of companies into sudden remoteness, these companies have made taken full advantage. Check it out!
It's been over a year since everyone was forced into sudden remoteness by the pandemic. Companies like Quora, Dropbox, Coinbase and Upwork were among the first to realise the benefits of remote working and switched to a remote-first model quickly.
After 1.5 years, this is what each of these remote-first companies have been able to achieve:
Dropbox grew its revenue by 12% in Q1, 2021 to $512 mn.
Quora is now valued at $2 bn and has grown to 950 employees
Upwork's market cap has grown by 300% in 12 months!
Coinbase had the 7th largest IPO in the history of the US stock market.
These success stories demonstrate that remote work is by no means a blocker to your growth.
Mark has penned a great post on the lessons learned from the companies going remote since the past 1.5 years.M.
What are America's 10 best states for remote working right now? Check this thread to know more.
Finally, Apple is facing an internal turmoil over its return-to-office policy. Employees advocating for remote work, have expressed that they would have to quit if Apple doesn't change its stance! Read here to know more about this.