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You know, I feel like a huge part of this is just founder motivation. I don't agree with Mike's assertions. But I can understand reasons why an article like thi
by keithwhor 9y ago
You know, I feel like a huge part of this is just founder motivation. I don't agree with Mike's assertions. But I can understand reasons why an article like this might actually be productive, though it feels a little tone deaf.
I'm not sure if this thinkpiece is really meant for Silicon Valley employees. I think the goal (conscious or otherwise) is to inspire and align incoming or yet-to-prove-themselves Sequoia-backed founders. I expect the veteran Sequoia founders (some of them which treat their employees tremendously well and fairly) will take this advice a little more lightly: they understand how to motivate and get the most out their employees far better than Mike Moritz does and it's certainly not by saying, "work harder because of China and reasons also your happiness means nothing to us muahahah."
But the subtext here is: if you're a founder looking for an investment from Sequoia, China is in play in a big way, and you'd do well to follow their lead. Founders intentionally burn the midnight oil and give up their lives to pursue a dream or vision, and willingly sacrifice a large chunk of their careers to generate returns for their investors with the understanding that this is how you play in the big leagues. The coach says "jump" and you ask "how high?"
There's a big kerfuffle raised, this article gets blasted around tech circles, every founder reads it, and the point gets made. The implication is that if you don't want to work harder than you've worked in your life, don't think about Sequoia money. Whether that's the reality of actually working with Sequoia or not is immaterial, there's a cult of personality and a commitment. Some part of me believes (maybe naively) that 10/10 times Mike Moritz would prefer the balanced, brilliant strategist and product founders who keep fit and still work a solid work-week to the narcissists willing to burn themselves out being easily manipulated by an article like this. My impression is that's all this is - a filter.
I could be wrong, but we don't need to manufacture outrage here. VC gonna VC. Maybe this is a tone deaf opinion piece, or maybe in the current bull market of (potentially irrational) exuberance, Mike feels the need to make this assertion to new and upcoming founders to keep them aligned, public image be damned. Employees say, "hogwash" but if a founder puts in even an extra 2%, that's going to be have multiplicative effects. The founders willing to burn their teams out will fail quickly and be selected against.
If you work for a Sequoia-backed company and this is concerning to you (or you feel like you're being burned out), ask your founder(s) their opinion and voice concerns. VCs don't make the decisions at the end of the day, the CEO does, and you likely joined your company for a reason and trust your CEO: they're human beings, they're responsible for your wellbeing, a good CEO will keep your best interests in mind as best they can.
(That said, maybe I'm reading too much into it and it's just a poorly timed opinion piece. Either way. Bring up concerns with your founders if you're worried. Not sure we need to run the outrage train on the age-old story of "VCs expect founders to work hard.")