From Wall Street to Silicon Valley, top executives and workers are ready to step away from the desk after two years of blurred life and work.
The financial world is ready to finally step away from the desk after two years of blurred life and work.
Increasingly, though, it also feels like summer 2022 could be a first-and-last getaway before a U.S. recession hits, with the Federal Reserve dramatically raising interest rates, and stocks SPX and bonds posting a historically bad first-half. Empty offices, fuller hotels Big and small investment firms significantly cut back on business travel during the pandemic, and many have kept plans flexible around requiring staff to fully return to office buildings.
“Work from home. Work from hotels. It’s now so much more possible with Zoom or Teams,” he said, of the ubiquity of video meetings instead of in-person chats. Zhang’s TSVC has specialized in investments in tech-focused startups, including Zoom ZM , Carta and others. While he doesn’t plan to take off during the summer months, he has a first vacation in two years with family booked for Spain in September.
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