A prominent VC thinks killing off the commute could boost productivity - Business Insider

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A top Silicon Valley VC thinks a massive shift to remote work could kill the commute —and launch the beginning of a boom in productivity

, a relatively new phenomenon used to describe the mental effects of back-to-back video conference meetings.The marathon has continued, Chaddha explained, even as other firms scaled back funding activity in hopes they could wait out any underlying uncertainty. Since his firm's physical office closed on March 6, Mayfield raised its latest fund, saw multiple exits from portfolio companies, and continued to source new deals from a large network of investors and entrepreneurs.

"What I'm getting that I wasn't getting before was the time to think and read," Chaddha said. "The driving and interruptions in a physical setting that happen, you get back four or five hours a day, and the efficiency goes up." Chaddha has had to get creative to keep the firm running smoothly, at times hosting socially distant executive meetings in large outdoor spaces with limited internet access or taking founders on hikes around the nearby parks in the South Bay Area, like the West Valley College campus or the Los Gatos Trail, when he feels the conversation topics are especially sensitive.

"You can do a lot of the stuff you would do, I would say it's almost better than face-to-face because everyone is relaxed," Chaddha said. "You can learn so much more about a person when you are walking or hiking in an hour than in three hours over dinner.

 

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