THE 100% DISTRIBUTED COMPANY (NO OFFICES): DO YOU VALUE IT HIGHER OR LOWER?
Would it be good or not good if the company you were interested in had no home office and the colleagues were distributed around the world to work where they like.
In 2013 I co-lead the acquisition of a San Francisco travel company. We took it remote. We immediately shed $240,000 per year in office overhead and all the colleagues came along. I have learned a lot of lessons along the way.
Now that the company is stable and has 5 years of profitability, I wonder if it is more or less attractive to investors than it would be otherwise. We have 45 people in 12 countries.