"Before the pandemic, U.S. business formation was in a decades-long decline, raising concerns about stagnating economic dynamism. Then came 2020, and the trend reversed dramatically. From 2020 to 2022, startups surged to life, driven by the opportunities of remote work. Freed from the limitations of local hiring, remote-first models enabled startups to recruit talent nationally and globally, scaling their operations at unprecedented rates. This shift democratized entrepreneurship, allowing innovation to flourish in regions like the Sunbelt, historically overlooked by investors and top talent alike."
"By focusing on results rather than hours, these companies demonstrated that remote work doesn't hinder collaboration but enhances it. The productivity gains are mirrored in revenue growth. According to an analysis by Scoop, a hybrid work management platform, and Boston Consulting Group, companies with fully flexible work policies outperformed their peers in revenue growth by 16 percentage points over three years."
BuildOps opened a new North American office in Raleigh on Oct. 1, 2025, reflecting a broader expansion of startups in North Carolina and across the nation fueled by remote work. Remote work shifted from a pandemic lifeline to a launchpad for startups, enabling national and global hiring that reversed a prior decline in U.S. business formation between 2020 and 2022. Remote-first startups recorded substantial productivity gains and scaled operations rapidly. Measured tech productivity rose markedly, and flexible work policies correlated with stronger revenue growth, enabling innovation to spread to regions historically overlooked by investors and talent.
Read at Durham Herald Sun
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