Hypergrowth the Right Way - How Remote Scaled to Hundreds of Millions in ARR

Learn how Remote scaled to hundreds of millions in revenue and 600+ employees in just 3 years through strategic growth, operational excellence, and culture-first leadership.

Key takeaways
  • Remote grew from zero revenue in 2020 to hundreds of millions in ARR within 3 years, scaling from 40 to 600+ employees in 2021 alone

  • Core growth drivers included:

    • Deliberate choice of company name and domain (remote.com)
    • Direct outreach to prospects on LinkedIn from day one
    • Timing with COVID accelerating remote work adoption
    • Strong technical foundation with Elixir stack
    • Focus on solving complex payroll/operational problems
  • Key operational challenges during hypergrowth:

    • Constant firefighting and breaking systems at scale
    • Managing organizational restructuring every time company doubled
    • Balancing rapid hiring while maintaining culture
    • Processing billions in payroll across global entities
  • Leadership lessons:

    • Continue speaking directly with customers even at scale
    • Focus on foundational operational excellence
    • Kill underperforming projects quickly
    • Take care of personal wellbeing (sleep, exercise, eating well)
    • Accept that hypergrowth brings constant problems to solve
  • Success factors:

    • Previous experience building distributed teams at GitLab
    • Clear documentation and handbook-driven culture
    • Focus on real customer problems vs just building features
    • Willingness to do difficult operational work
    • Strong founding team with complementary skills