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If you listen to the war stories, a large number of other successful tech companies or products like Apple, Nvidia, Microsoft, the original iPhone, the original
by ChuckNorris89 3y ago
If you listen to the war stories, a large number of other successful tech companies or products like Apple, Nvidia, Microsoft, the original iPhone, the original Blackberry, the post-iPhone Android, etc. would nove have been successes if everyone had strictly done their 9-5, Mo-Fr.
Success often means racing to get to market with significant lead over your competitors who are also working on solving the same problems you are and are most likely not sticking to the 9-5, mo-fr schedule either. Which is why probably not many market successes came out of Europe where everyone works 40h tops, unless it's their own company/passion project.
I was blown away by how many people in the original iPhone team claimed lost their marriages due to spending so much time grinding to iron out all the last minute issues and get the phone out the door on time. Jensen Huang said in the beginning their team was iterating to ship a new GPU design every 6 months with a tiny team. I bet everything I own they were not doing only 40h weeks back then.
I'm not endorsing this practice, which is why I don't work in start-ups, but succes in this racket for early stage start-ups was often correlated with burning the midnight oil and it seems like a lot of people were willing to make the sacrifice for enough equity in their mission to "change the world" and "make it".
- thumbuddy 3y agoYea but it's also the reason a ton of start ups fail. I've run the gambit of startups. The biggest reason I've seen them struggle or fail is, 1. Over engineering too early. 2. Making bad decisions because everyone is exhausted and pissed off. 3. Everyone racing to "seize power" rather then focussing on the product or actual customer wins. IE, a bunch of antisocial engineers end up in people leader roles because they are good engineers rather then tech. Leadership. Number 2 is a serious problem. The things I've had bosses pulling 80 hour weeks say to me and others has been astounding. Like if you wrote them down and showed them to a fifth grader they'd think you were insane.
- ilrwbwrkhv 3y agoMaybe then. Right now you can work 30 hours, party and then get bought by another VC operated company. This is what was missing when Apple and Amazon started and for the last decade this dirty VC business has stifled innovation and made people look only for an exit. That is why the biggest companies in the VC era has been companies like Uber and AirBnb instead of Apple and Amazon.