Day: August 12, 2025
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- An employee at Cursor said on X that the company’s San Francisco offices have a no-shoes policy.
- Some startup leaders agreed with the approach, while others brought up potential odor issues.
- Ben Lang assured skeptical minds that shoe covers and slippers are available at Cursor’s entrance.
If you want to get your foot in the door at these startups, take your shoes off.
In an X post on Tuesday, Ben Lang, an employee at coding tool startup Cursor, posted two pictures of shoes strewn all over the hardwood floors inside what looks more like the entrance of someone’s apartment during a house party rather than the offices of a company valued at $9.9 billion.
“Cursor office(s) in San Francisco,” Lang wrote in the post.
In another X post from Sunday, Lang said he’s only worked at startups with a no-shoes policy and was curious if other companies had the same dress code. Lang later posted a list of 25 other “‘no shoes’ startup offices.”
Other startup leaders started to chime in.
“We are no shoes and no pants culture,” Kyle Sherman, founder of Flowhub, a cannabis software company based in Denver, commented. “Shorts are required though.”
Sherman did not immediately respond to a request for comment.
“We’ve done this for years,” Andrew Hsu, cofounder of SF-based Speak, a language learning app, said.
A spokesperson for Speak confirmed the no-shoes policy, adding that “employees get a slipper stipend when they join the team.”
“Speak’s first market in 2019 was South Korea,” a spokesperson for Speak said. “Our ‘policy’ pays homage to the traditional Asian culture of no shoes inside.”
Some X users found the policy off-putting, mainly fretting about potential odor issues. Others found it to be an attractive job perk.
Lang assured skeptical minds that “shoe covers/splippers” are available at the entrance.
Cursor CEO Michael Truell and a spokesperson for the startup did not immediately respond to a request for comment sent outside working business hours.
A no-shoes policy is not a new trend in Silicon Valley. Business Insider wrote in 2019 that going shoeless had become the techie uniform, along with the hoodie, t-shirt, and jeans; the main reason being that some company CEOs grew up in a no-shoes household.
Then the pandemic hit in 2020, forcing a lot of tech workers to go remote. (Presumably, this meant a lot of them were also keeping their shoes off.)
A 2023 CBS News/YouGov survey found that 63% of Americans don’t wear shoes in their households.
Now, more companies are starting to enforce return-to-office mandates. It’s unclear if shoes will become increasingly optional.
EU Seeks to Boost Financial Support for Ukraine Amid Market Dynamics
In a strategic move, the European Commission plans to allocate €100 billion in financial assistance to Ukraine, primarily through grants and loans, as the country continues to grapple with the impacts of war, reports 24brussels. The proposal underscores a broader commitment within the EU to support member states facing unexpected crises, allowing access to an additional €395 billion in low-interest loans, contingent on approval from national governments and the European Parliament.
The justification for these grants focuses largely on the need to finance Ukraine, a stance largely uncontroversial across EU capitals. The exact structure of the funding mix remains under discussion, with the emphasis on facilitating Ukraine’s recovery and resilience.
Market Response to EU Debt Dynamics
Current investor sentiment positions EU joint debt similarly to securities issued by globally recognized institutions such as the World Bank or the European Investment Bank. The Commission aims to elevate the status of EU bonds, seeking inclusion in sovereign debt indices that attract significant investments and thereby reduce borrowing costs.
Alvise Lennkh-Yunus, managing director at Scope Ratings, highlighted the existing favorable perception of EU debt among investors, attributing its AAA rating to the robust governance structure of the European Union, the backing of the EU budget, and the financial framework surrounding these bonds. “EU debt is very much appreciated by investors,” he stated.
Lennkh-Yunus further noted the trend where major investors, including pension funds and international central banks, are diversifying their portfolios by acquiring EU bonds. This strategy seeks to mitigate risk exposure to dollar-denominated assets, particularly U.S. Treasury bonds, which have shown signs of instability amidst political and economic uncertainties. The evolving financial landscape underscores the EU’s aspiration to reinforce its economic stability while supporting Ukraine’s recovery efforts.
