One thing that stands out here is the work-life balance for employees will not be there and Netflix does not think they should care about it. Given that they me

One thing that stands out here is the work-life balance for employees will not be there and Netflix does not think they should care about it. Given that they measure the effectiveness of the employee, one can always be more effective if he/she works longer hours every single day. Same goes with the no vacation tracking policy. That only means there are no vacation. You are getting paid so deal with it :) Of course startups in the valley are in general not big on work-life balance anyway.