Quartz

Allison Baum

Tech investor in the future of work at Trinity Ventures
42 Following 106890 Followers

Allison Baum

Tech investor in the future of work at Trinity Ventures

I would argue the solution here is actually the opposite - we should stop justifying our work constraints altogether. If you don’t take meetings after 5pm, don’t take meetings after 5pm. As long as you meet your goals, it shouldn’t matter if your schedule is built around your kids, your dog, or your medical condition. In a world where we value productivity over presence, your actual work should be more important than when, where, and how you work.

Allison Baum

Tech investor in the future of work at Trinity Ventures

This data doesn’t tell us anything except that Google and Facebook employ largely knowledge workers, so their median pay is very high. A large percentage of Amazon and Tesla employees work in warehouses and factories, bringing down their median pay significantly. So what?

Allison Baum

Tech investor in the future of work at Trinity Ventures

Similar to Uber, Blue Apron was very coy in their S-1 about how much it cost to acquire a customer, as well as how they were calculating their total lifetime value. Also similar to Uber, the competition for their customers was extremely fierce, which is probably which marketing spend was so high and they declined to share detailed unit economics. Similar to Uber, there was a promise of profitability but no clear pathway or timeline for getting there. I’m not surprised this has been the outcome. Although their businesses are at very different scales, I don’t think it bodes particular well for Uber’s future either.