Brad Feld

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Voluntarily Extending Work From Home Until At Least The End of May 2020

May 04, 2020
Category Foundry

At Foundry Group, we’ve decided to voluntarily extend our Work from Home policy until at least the end of May 2020. Until then, our office is closed. We will re-evaluate this on May 25th and decide whether to let our Work from Home policy expire, or extend it further.

We encourage all Colorado-based software and professional services businesses to consider this policy. Given our State’s current “Safer at Home” policy, overall limitations on testing, uncertainty around the current state of the Covid crisis, and the existing stress on many healthcare-related systems, we believe that many businesses can do their part to ease the strain by continuing Work from Home policies.

We are fortunate that we can run our business in a completely remote and distributed fashion, with everyone working from home. While the Safer at Home policy allows offices to have up to 50% of their staff working at any one time, to be truly safe at work requires numerous processes, including regular testing and tracing of employees, extensive office cleaning, and controls around visitors. We are not prepared to do this at the level we believe we need to in order for our team to feel safe and think that, at a minimum, we need more time to prepare.

We also recognize that many businesses cannot operate remotely. While we immediately think of hospitals and frontline health care workers, many essential businesses have not been closed during the “Stay at Home” order. We owe an enormous debt of gratitude to these people and recognize that one thing that we can continue to do in May is work from home to keep the burden on the system lower.

Numerous businesses have been extremely impacted by the Covid crisis, including some, such as restaurants and retail, that are going to open more slowly and on a limited basis. Their environments are different than a software or professional services firm, as their employees and customers physically interact continuously throughout the day. Many of them, especially restaurants, are already tuned in to health and safety issues in a way that traditional office environments are not, so putting additional safety measures in place, while burdensome, is more natural for them.

We have been studying many things that larger companies are doing. It’s apparent that the private sector will need to be very involved in creating a safe working environment for their employees. While the government can give us parameters and constraints we are going to have to have to carry them out on a daily basis. And, to do that well, will require real preparation.

A number of tech companies led the movement to work from home, including a group of us in Colorado. You don’t have to be in an office environment to develop software products, practice law, trade stocks, or make investments. If you have the flexibility to work from home, we encourage you to consider being the last to exit the Work from Home dynamic, just as we were the first to enter it.