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

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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."

 

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