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.
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.