YouNeedABudget founder Jesse Mecham on managing a remote 115-person team

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A decade and a half later, it has grown into a full-fledged budgeting tool with apps across a number of platforms, a deeply devoted user base and hundreds of employees — all operating 100% remotely.

I spoke to YNAB co-founder Jesse Mecham about how it all works; why they’re remote, how they bring everyone together (both virtually and in the real world) and the pros and cons of being spread across the globe.

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Here’s the transcript of our chat, lightly edited for brevity and clarity.



TechCrunch: Let’s set the scene a little bit. It’s 2004, you’re starting what would eventually become YNAB. Why?

Jesse Mecham: I needed to make rent. That’s the honest truth.

We were going to have a baby, and my wife was going to stop working so she could do the mom thing full-time. I was trying to figure out how I could not borrow money and not stop going to school, and I figured I could sell this little spreadsheet I had built. That was back before, you know, phone apps and all that — so I just got started on that, selling a little spreadsheet to make some side money to get us through school without having to borrow any.

When it was time to grow, what made you hire remote?

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