tradeoffs of having a distributed company

if y'all have a company and are considering making it mostly remote/distributed, track down talks by Mitchell "Hashicorp" Hashimoto. His co makes Vagrant and Terraform and Packer and Vault. Anyway he gave a talk in which he talked about having a mostly-distributed company. He said a lot of things were much cheaper (renting offices), but a lot of things were more expensive/awkward (per-site licensing for video equipment). Overall he called it "a wash"

Here's the talk, recorded at Replicated in Culver City, CA => https://www.youtube.com/watch?v=iV5doaYReyU