Founders are relieved that investors are not pushing for hypergrowth - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Research shows that VCs have stopped pushing founders into workaholism to achieve hypergrowth during the pandemic — but one VC says it won't last

"While running my first startup, I turned into a workaholic, bought into hustle culture, and developed anxiety from it making it hard to live a normal life," heHe added: "It was the 'hustle' that killed my best friend Devin. He died from a failed liver transplant. Instead of follow-up appointments, he worked on his #startup and he paid for it with his life."

"Everything I was reading told me to quit my full-time job and get funding from investors. So I quit my job earlier than I should have. I wasn't as financially stable as I needed to be," he said. He attended conferences and pitch contests and booked coffee meetings with everyone who shared a business card. He had no life, didn't keep up with friends, couldn't even sit through a movie without being on email.

"I see with some of the VCs I'm working with, they had to slow down expectations in certain ways," she says. "58% founders say slower growth is the norm."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Successful Black founders share startup funding experiences - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Business or politics or society, racism / communalism has done more harm to all than anything else.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Leon Cooperman says stocks are overvalued, investors overlooking risks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. But the Con in Chief realDonaldTrump said the stock market is strong...😩🤦🏾‍♂️America Noooooooo....
Source: BusinessInsider - 🏆 729. / 51 Read more »

Airstream's Covid-19 sales boom pushed it in a new direction - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. HazelHassan work from anywhere in an Airstream for bums like us 😁😁😁
Source: BusinessInsider - 🏆 729. / 51 Read more »