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Mike Moritz slams politically correct tech culture, praises Chinese work ethic

cnbc.com

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Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#2
"Engineers have slightly different habits: they will appear about 10am and leave at midnight."

I actually agree with Moritz on some points, but this... all I can say is, from an employee perspective, this only makes sense IF you're going to get rich as a result. And the average startup employee does not get enough equity to get rich even in the event of a successful exit, so there's no reason to do this kind of stuff. Well, OK, maybe if you just plain enjoy coding (or whatever) to the point that you want to work 12-14 hours days. But I suspect that's a very small number of people.

Seriously though, unless you're being paid MEGA-BUCKS or have MASSIVE equity there is just no reason to work yourself to death.

Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#3

"Engineers have slightly different habits: they will appear about 10am and leave at midnight." I actually agree with Moritz on some points, but this... all I can say is, from an employee perspective, this only makes sense IF you're going to get rich as a result. And the average startup employee does not get enough equity to get rich even in the event of a successful exit, so there's no reason to do this kind of stuff…

It really depends. I worked at a company a few years ago and we stayed late because we were just a bunch of lonely dudes living in a big city with nothing better to do. If we went home at 5, we'd just be sitting alone playing video games.

Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#6
post #3

"Engineers have slightly different habits: they will appear about 10am and leave at midnight." I actually agree with Moritz on some points, but this... all I can say is, from an employee perspective, this only makes sense IF you're going to get rich as a result. And the average startup employee does not get enough equity to get rich even in the event of a successful exit, so there's no reason to do this kind of stuff…

It really depends. I worked at a company a few years ago and we stayed late because we were just a bunch of lonely dudes living in a big city with nothing better to do. If we went home at 5, we'd just be sitting alone playing video games.

That doesn't mean you weren't being exploited.

Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#7
post #4

So basically, to us American techies, shut up and start working 100 hour weeks? What a delightful fellow. I wonder if he’s going to lead by example, or if he thinks 14-hour days are only for underlings.

Most will stick to their 4 hour work week and go back to golfing.

Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#8
post #3

"Engineers have slightly different habits: they will appear about 10am and leave at midnight." I actually agree with Moritz on some points, but this... all I can say is, from an employee perspective, this only makes sense IF you're going to get rich as a result. And the average startup employee does not get enough equity to get rich even in the event of a successful exit, so there's no reason to do this kind of stuff…

It really depends. I worked at a company a few years ago and we stayed late because we were just a bunch of lonely dudes living in a big city with nothing better to do. If we went home at 5, we'd just be sitting alone playing video games.

Sure, that's fair. Do it if it's just plain what you want to do (for whatever reason). But I don't think anybody should feel obligated to work those kinds of hours, unless they're being compensated damn well for doing so.

Re: Mike Moritz slams politically correct tech culture, praises Chinese work ethic

#10

"Engineers have slightly different habits: they will appear about 10am and leave at midnight." I actually agree with Moritz on some points, but this... all I can say is, from an employee perspective, this only makes sense IF you're going to get rich as a result. And the average startup employee does not get enough equity to get rich even in the event of a successful exit, so there's no reason to do this kind of stuff…

I think if you have traction then you could justify this but you could also not justify it either. Same without having traction. IMO I think he's wrong here. Pretty sure there is academic research backing that up.
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