Data suggests the value of startup desktops TechCrunch

Towards the end of 2022, a number of entrepreneurs — some quoting Elon Musk — told me they plan to bring back the culture of in-person work the following year to help promote productivity and, in some cases, loyalty. One founder even told me over a drink that he wasn’t worried about losing talent – saying those who left just because there was an in-person mandate weren’t really mission-focused to begin with. .

While some founders are clearly set on a comeback, others are confused. There’s the argument — sometimes coming from venture capitalists desperate to see portfolio companies succeed — that being in person will help boost productivity and, eventually, the bottom line. And there’s also the counter-argument that remote work allows for more inclusive and broader hiring, which could also help, well, the bottom line.

And if 2023 isn’t the year of the balance sheet, I don’t know what else it could be. Kruze Consulting, an accounting firm for startups, has leveraged the finances of over 750 companies, which includes over $300 million in quarterly revenue and over $750 million in quarterly expenses. I spoke to Healy Jones, who leads Kruze’s financial planning and analysis, about his findings. The results, he thinks, offer some balance to the debate.