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.
Oh oh oh, they have one for this!
“HaRd WoRk DoEs NoT EqUaL VaLuAbLe WoRk!!”
“As you can clearly see on this chart I made of the value I put on things, the value I put on my own work is the highest, and the rest of you are very low, and you should feel bad that I don’t value your work! What are you going to do about it? Work harder? Haha, that will just make my value go up even higher!”