- The Logos Fund invests in companies, tools, and teams that drive remote work forward.
- We are a rolling fund looking to invest 2-3m a year into startups. Backed by many leaders of remote work companies and investors. We will also help match LPs to founders.
- The fund is managed by Shane Mac & Chris Herd and is a Rolling Fund by Angellist.
- Remote Work is defined as:
- Software that allows more people to work remotely. Ex. Infrastructure for global payroll and teams, collaboration software, and other tools to enable the world to feel smaller. The thesis being that all big companies are essentially remote companies. The best products of tomorrow will start and scale with remote workers and then make their way into the enterprise. (Examples: Zoom, Loom, Deel, Remote, Miro, and more below)
- Marketplaces and platforms that enable more people to make a living remote. (Ex. Upwork, Fiverr, Toptal, Fit, and even Uber.)
- Companies that are operating in a remote-first way. This is an advantage to hiring, scaling, and keeping costs low. Building this infrastructure and culture is completely different than having an office.
- Infrastructure enabling companies to cultivate, grow and maintain engaged communities. Product-led SaaS has defined the last 5-10 years while software ate the world. The next 5-10 years will be defined by communities eating software. (Ex. Commsor)
- We will be reserving up to 20% of the fund for secondary & later stage investments in private companies that are scaling up and already have product market fit. (Eg. over the past 5 years this would have been companies like Stripe, Intercom, AirBnB, Slack, Zoom etc.)
The Modern Workplace is broken.
The way we work hasn’t changed since World War II. Everything about the way we work is broken for a knowledge based workforce vs a factory based workforce.
We tried to replicate the factory model into office work (see cubicles, executive suites, FIFO, etc. etc.), everything was synchronous in operation because it worked and to communicate you needed to be within close proximity. Then the internet happened. Now we travel to offices, working the same 9-5 schedule dictated by the industrial revolution, to operate on equipment designed to be used anywhere on the planet.
The internet opened up mobility, ubiquitous internet, and consumerized tech... Now everything is straining.
When you put tools under the lens of those 3 things, most fail.
Tools like Slack, Dropbox, Loom, etc. are shifting the game massively.
Office work is a byproduct of the industrial revolution workday and has never been optimized for knowledge work. Operating to previous standards and constraints dilutes the quality of work operators can produce impacting overall productivity. Technology has advanced rapidly over the preceding 20 years while in the same time productivity has flatlined. This disconnect is resolved by adopting new working practices which are empowered by remote working.