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Mar 20, 2019 11:52:16

Investment Thesis: Remote 3rd Space

by @coreyrab PATRON | 359 words | 🐣 | 46💌

Corey Rabazinski

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Total posts: 46💌
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Working remotely for the past 2 years has been the best experience of my personal career. Being able to more easily manage work and home life without a commute has helped me reduce stress and accomplish more. 

Thinking about it from the other side of the fence, I couldn't imagine going back to a world where I have daily 1 to 2-hour commute. It seems like an archaic idea. It quite literally robs you of a significant chunk of your weekly free time that could be better used to work on your health, read, be with your with family or just relax.

All that being said, there is still something that seems to be missing from the remote workplace. The connection you have with co-workers is close, but definitely not quite the same. The collaboration, too. There isn't a legitimate competitor to being in the same room as your team riffing off each other's ideas. 

There are latency issues with video streaming. There are distractions that you can't really be peer pressured out of on calls. The "space" of working in the office is what is missing. And I think there will be a product or constellation of products that solve this issue that makes remote work the mainstream option for most companies.

There has been a lot written about Fornite and its success, but to me, the most notable is how they have created this idea of a "space" for people to meet up with friends and meet new ones. I personally have used the game to meet up with friends that don't live in the same city. Could I just call them? Sure, but the lower formality makes the experience much better.

The format is flexible. You can be competitive. Or not. You can create. Or not. This format much more closely resembles organic play than other video games which is how the game has become so popular and sticky.

I think the successful companies in the remote work category with follow this playbook. Maybe it will be VR. Maybe it will be a combination of iPads and video. I am not sure, but I am excited what the future of remote work will unlock.

Originally published at coreyrab.com

  • 1

    @coreyrab You are right remote work is the ultimate perk. I think for the social angle that VR will ultimately solve that problem.

    Brandon Wilson avatar Brandon Wilson | Mar 20, 2019 09:02:18
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