Since our inception in 2009, Andreessen Horowitz has been a Silicon Valley enterprise capital agency. This was extremely intentional on our half. Traditionally, the biggest variety of nice know-how corporations emerged from Silicon Valley for good cause – the community impact. Many issues drove the community impact, however a very powerful was this: In case you had been an excellent know-how entrepreneur born anyplace on the earth the place it was tough to begin an organization corresponding to Bangladesh or The Sudan or Marianna, Arkansas, and also you determined to maneuver, the place you had been most certainly to maneuver to was Silicon Valley. Because of this, Silicon Valley turned the place that attracted a lot of the nice nationwide and worldwide expertise.
Then in 2020, COVID-19 hit and know-how corporations had been compelled to determine the way to work remotely. It seems that operating a know-how firm remotely works fairly darned properly. It’s not good, however mitigating the cultural points related to distant work seems to be simpler than mitigating the worker satisfaction points related to forcing everybody into the workplace 5 days/week. Because of this, practically each know-how firm has moved to a distant or hybrid strategy to work and this variation is profoundly weakening the Silicon Valley community impact.
It is a superb factor for the nation and the world. As my accomplice Marc wrote in his 2011 article, “Software program Is Consuming the World,” each vital new firm is more likely to have a world-class software program staff at its core. Concentrating all of these corporations into one or two geographies cuts off nice alternatives from anybody who can contribute, however can not simply transfer. Distant work is opening up many new places for entrepreneurs and know-how staff. We embrace that by altering our personal working mannequin.
In our agency’s new working mannequin, we work primarily nearly, however will use our bodily presence to develop our tradition, assist entrepreneurs, and construct relationships. Particularly, the agency is now digital, however can materialize bodily on command.
Because of this, now we have configured the agency to have the ability to bodily assemble anyplace on the earth in a short time. To that finish, we’re opening 3 new workplaces in Miami Seashore, New York, and Santa Monica along with our present Menlo Park and San Francisco places. Our headquarters might be within the cloud and we’ll proceed to create bodily workplaces globally the place wanted to help our groups and companions.