VC behind ‘996’ work culture debate says 5-day weeks won't build billion-dollar startups
VC behind ‘996’ work culture debate says 5-day weeks won't build billion-dollar startups
"When you go to the Valley now, and when you go to China now, they are working seven days a week in the fastest-growing companies," says 20VC founder Harry Stebbings.
Venture capitalist Harry Stebbings faced a wave of backlash in June after urging European startup founders to increase their work hours — but he now admits there’s some room for nuance when applying his mantra.
Stebbings, founder of 20VC, a firm managing $650 million in funds, advised founders on LinkedIn last month that “7 days a week is the required velocity to win right now,” to compete with startups in Silicon Valley and China.
The post went viral, to Stebbings’ surprise, and sparked a debate on whether China’s brutal “996” work culture — which means working 9 a.m. to 9 p.m. six days a week — is needed in Europe.
Who needs a life, religion, and family when you are working as a cog in "profit generator machine 3000"?
I'd like to see this motherfucker work for 12 hours every day for 6 days a week for some minimum wage shit. These corporate suits are beyond disconnected from reality.
Yeah, I’d work 995 if…
- I was being paid twice as much as I am now
- Breakfast, lunch, and dinner are provided.
- You have someone who can do all my chores and errands before I get home.
There’s not enough money you could give me could make up for having Saturday off.
Well not everything needs to be worth a billion. Certainly no person should ever be that rich.
People with insatiable greed have a mental disorder. They cannot even conceptualize the idea of working a reasonable amount, and being happy with a modest profit.
Maybe we should stop letting the most sociopathic & insatiable people set standards that can never be satisfied.
We live in a world of Supply & Demand, and he won't get the supply of labor he requires unless he meets the demand for proper compensation. It's the simplest economics there is.
You gonna pay me a billion dollars to work at your startup? No? Then shut the fuck up, you wannabe-slaver asshole!
Tencent subsidiary riot games already does this. By soft policies like providing shuttle (only at night/early morning) and free dinner.
these people are physically incapable of saying things meant to scare people without it coming out as supporting the thing they dislike.
no more billion-dollar startups? fucking hell yeah, let's implement it!
No. It's obviously not.