Sam-Altman backed housebuilding firm Atmos wants techies to leave SF - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A Sam Altman-backed housebuilding startup is trying to convince tech workers to abandon the high-priced Bay Area as remote work gains in popularity

Housebuilding startup Atmos is trying to encourage tech workers to to relocate due to lockdowns.

On Thursday, Facebook announced that it expected up to half of all its employees to be remote within 5-10 years. "A lot of people are already thinking, 'Why am I here? I live in a shoebox for $3,000,'" said Donahue in an interview with Business Insider. "People start to see the massive difference and start getting jaded ... people are realizing most of our meetings don't need to be in person."

Financial backers include Dropbox executive Adam Nash and Altman, a high-profile Bay Area investor who is now the CEO of OpenAI. Altman and Donahue met at a laser tag event on Angel Island in the middle of the San Francisco Bay.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside California's beautifully bizarre Winchester Mystery House - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

2 out of 3 tech workers would consider leaving SF Bay Area to WFH: Blind - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Many already have started leaving several years ago. It’s going to accelerate now. Issue with that number is it ASSUMES they could keep those jobs or replace them with equal remote jobs. That is our challenge of society, with the loss of stable job continuity, almost no one can afford to live in a small job market. Unless they really like moving!
Source: BusinessInsider - 🏆 729. / 51 Read more »

PayPal adds QR code payments to its app - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can’t wait to see that happening. I also wish 7-11 will use it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft launches Cloud for Healthcare - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider presents: Starting Up with Slack cofounder and CTO Cal Henderson - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »