4 Advantages of Running Your VC Firm from a Shared Office Space

 

Venture capital firms fill a valuable role in driving economic growth. And because they coordinate between various limited partners and promising startups, VC firms often need private and flexible workplace accommodations.

That’s why, in most cases, a traditional office lease just doesn’t cut it. But shared offices that emphasize privacy do. Here’s why – and what you get when you work from one.

Firmspace Houston

1. Dedicated Office Spaces Built for Private Conversations

With millions, even billions, on the line in talks between VC firms and relevant stakeholders, it’s imperative that VC firms lead these discussions confidentially.

Plenty of shared office spaces have a reputation for emphasizing networking over deep working. And that’s because many of them do. Don’t get us wrong, there’s nothing wrong with this communal focus. But we do things differently.

We designed our office spaces to first and foremost offer privacy and help professionals focus on completing their work. Whether it’s the doors that lock, frosted glass windows, or sound-dampening walls, a proworking office’s features deliver a sense of privacy that many can’t even get in their own homes.


2. Robust Cybersecurity Systems to Protect Sensitive Information

We noted the privacy of our dedicated office spaces. But security needs aren’t limited to the physical world – particularly in this era of hybrid and remote work.

VC firms need comprehensive cybersecurity measures to protect sensitive financial information. Whether you’re working from home or a dedicated office space, you’ll want tools like multi-factor authentication, VPNs, secure password managers, and cloud backup systems.

The unfortunate reality of working in public places is that many of them don’t enhance the cybersecurity measures you’ve taken – quite the opposite. They actually open you up to breaches. That’s not the case with us. Our focus on physical privacy extends to the digital world. 

Each dedicated office space comes with high-speed internet, Ruckus WAP, and WatchGuard firewalls.

That means you can confidently finish your work with the knowledge that all of your interactions, in person or online, are secure.


3. Best-in-Class Amenities That Power Workflows

Shifting to a new office space is always an adjustment – whether moving from your own building or upgrading from a home office. But no matter your previous office environment, you and your associates likely oversaw various administrative tasks (refilling printer ink, troubleshooting network connectivity issues, purchasing office supplies, etc.).

Those office management tasks add up. And more often than not, they interrupt your day, distracting you from your firm’s core functions.

Shared office spaces help take those distractions off your plate. At a bare minimum, most offer printing and scanning services. Our proworking spaces go several steps further, though, by offering a professional services hub with…

  • Front-desk concierge assistance.

  • Mail and shipping support.

  • An onsite notary public.

  • Onsite IT support.

  • Printer and copier access.

Aside from the professional services, we also have all the beverages and snacks you could need to recharge throughout the day. It’s simple, really: we support you so you can support yourself, your team, and everyone else who works with you.


4. Greater Flexibility to Meet Who You Want When You Want

A full-time office lease tethers you – physically and financially – to one location. And for VC firms trying to diversify their portfolio, that's a problem. Why? Because they need the ability to meet and correspond with startups and limited partners easily.

Shared office spaces meet this need by offering flexible leases – and even access to multiple locations. In other words, you can tailor your office arrangements to your exact needs.

Are you going remote and only need an office when you’re meeting with potential clients? Try using the occasional day pass. Interested in expanding your firm’s presence in the Midwest? Rent a private office space in Chicago for the month. Or start smaller with a virtual office.

Another important consideration when choosing an office: employees want the freedom to work remotely. And they’ll leave if they don’t get it. Carrying a full-time office lease in a single building narrows your prospects on both the recruiting and portfolio-building fronts. That’s bad for business.

Shared office spaces grant you the freedom to adopt a working model that caters to your firm’s strategy and budget. Plus it doesn’t hurt that they have curb appeal.


Shared Office Spaces Scale with You

Ninety-six percent of ​​financial services leaders believe hybrid work environments help with the ability to recruit top talent and it will help them remain competitive in the future.

With this widespread acknowledgment and adoption of hybrid work, and today’s unsteady market conditions, a full-time office lease isn’t just unnecessary in many cases – it’s expensive.

But because shared office space leases are flexible, you can do what’s best for your firm when you’re ready – not once your lease ends.

Interested in experiencing how a dedicated office space can optimize your work? Reach out and book a tour of your local Firmspace location.

 
Firmspace Staff