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>That is the complete wrong response to that. I understand Wesley might have just been trying to lighten the mood No, he's a VC so he's probably 100% serious.
by jasode 8y ago
>That is the complete wrong response to that. I understand Wesley might have just been trying to lighten the mood
No, he's a VC so he's probably 100% serious. VC's aren't going to fund founders who think they can build a successful business by limiting themselves 8-to-5 and 40 hours a week.
Another famous VC Mike Moritz of Sequoia Capital expressed the same praise about working hard like the Chinese.[1] Famous seed investor Ron Conway has said similar qualifications of a founder. ("Well I mean are you willing to work 24/7? The really great entrepreneurs are 24/7.")[2]
Likewise, if you're an entrepreneur that prioritizes the principle of "work/life balance" and 40-hours-a-week, VCs are not the right investor for you.
[1] https://www.google.com/search?q=moritz+chinese+work+long+hours https://www.google.com/search?q=moritz+chinese+work+long+hou...
[2] https://youtu.be/qvHhhIfu7Lo?t=4m20s https://youtu.be/qvHhhIfu7Lo?t=4m20s
- arethuza 8y agoI think it's a bit of a false dichotomy to say that the options are 40 hours or 24/7. And if they don't literally mean "24/7" then why say it? Edit: In fact, I can't think of any way to destroy productivity than attempting to work 24 hours a day for any length of time.
- Varcht 8y agoWhy is literalism becoming such a thing? I would think that with the advance of AI we would want to hold our edge and embrace our fuzzier linguistics.
- liveoneggs 8y agono money for you!
- arethuza 8y agoIf it comes at the cost of forcing myself to work 24/7, or even worse, making other work ridiculous hours at the cost of their health then yeah - no money for me. One round through the startup/VC/IPO/acquisition world was enough for me - I like building stuff too much.
- xfitm3 8y ago8-to-5 is 45 hours.
- jasode 8y agoIn America, both 8-to-5 and 9-to-5 are colloquially referred to as "40 hours/week". It's not an exact math equation. E.g. Many offices that have salaried "40 hours/week" jobs have expectations of employees showing up at ~8:00am, leaving ~5:00pm, with an unpaid 1 hour lunch in between. Same inexact math reason that we also call 9-to-5 "40 hours" instead of "37.5 hours" even though some workers take a half hour lunch break.