I’m working from home in Coronado for as long as I can this summer.

This is what that looks like on a Saturday…

I have worked from home for the better part of a decade and I love it.

It is one of the perks of my career as a venture capitalist.

The Pandemic has now accelerated ‘work from home’ for most of America and the technology giants seem to enjoy announcing that ‘work from home’ will be extended to ‘whenever’ and’forever’. When I read the announcements each day it feels like they are rubbing salt in the wounds of the rest of the old economy.

My friend Om (our ‘Panic With Friends’ podcast is here) says if you ‘follow the money‘ you get the real reason the technology giants are doing it now. The gist:

This is a great opportunity for companies to shift the costs of operations to employees. And technology companies are no different, except they have public relations armies to polish up their dollars-first thinking with the veneer of ideological transformation. Working from home is a good and easy get out of jail card for Facebook and the new converts. It not only removes any legal liabilities, but it also shifts the “operational expenses” to the employee.

Gitlab built the largest remote only company in the world, so who better to hear from on the subject than the CEO Sid Sijbrandij. His Twitter thread on the subject is a must read. Every CEO and founder and venture capitalist should read it and share it.

A lot of employees think work from home is a perk, but do remember this:

Stay woke!

Have a great Sunday.