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Why I Gave Up My Front-Row Seat in Silicon Valley

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Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#31
post #27

Earlier quoted context omitted.

Both of those are true, but part of learning how to make your own choices is learning how to ignore the choices of those around you and adapt to (but not be defined by!) the circumstances you find yourself in.

But adapting to circumstances includes adapting working hours. If companies expect 80 hours a week, you will be fired or have too low salary no matter how great your output is. Then you have to move if you do not want to work those 80 and be employed/work on interesting projects.

Then let yourself be fired as that situation comes up. Or better yet, proactively talk with your manager saying "I can't give you 80 hour weeks. Here's what I can give you, and here's what I bring to the table. Is that acceptable?"

I live in Silicon Valley, and I work for a company that's somewhat famous for getting its employees to stay on campus all the time. I usually work 6-8 hour days, and occasionally put in some time on the weekends but usually go have a life instead. I'm leading a very high-priority company project, and I get paid...generously. I don't expect my team members to work any particular hours; hell, I'm terrible at keeping set hours myself. I do expect them (and myself) to make solid progress toward the goal every day, to seek out information and make smart decisions, and to focus their efforts on areas that other people are not already covering.

There's often a lot of leeway between what people say they want and what they actually want. Discovering that leeway is the art of negotiation, which is a useful skill in its own right. If the culture says it wants 80 hour weeks, it does not necessarily mean your employer wants 80 hour weeks. Most likely it wants rapid, dependable progress toward a goal, which is usually better obtained with solid 40-50 hour weeks.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#32

I'm not sure Singapore and Israel are the best choices when it comes to escape the bubble and focus on what's really important.

I love Israel, have spent a lot of time there (not working), but my understanding is that it's tough for a gentile and WASP like me to get a resident visa.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#33
Great post. I always felt that in SV and SF startups promote an unhealthy lifestyle, and I don't want to go there because of that. I want to be a successful entrepreneur, but I don't want to sacrifice everything in order to make millions or billions of dollars and magazine covers.

Life is not just money and fame.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#34
post #29

I feel like this post opens more questions than it tries to answer: * Ultimately, why he didn't like SV? * Was there a specific reason for choosing Tel Aviv, over say Berlin or Sydney? (Girlfriend? Is he an Israeli citizen?) Some quotes are correct only if you frame them, for example: if you’ re passionate enough about your project, you can make it happen anywhere - Care to try in Greece, Nigeria, Syria? Also, I didn…

Some quotes are correct only if you frame them, for example: if you’ re passionate enough about your project, you can make it happen anywhere - Care to try in Greece, Nigeria, Syria?

I know there's a war in Syria at the moment. But what's going on in Greece and Nigeria?

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#35
post #29

I feel like this post opens more questions than it tries to answer: * Ultimately, why he didn't like SV? * Was there a specific reason for choosing Tel Aviv, over say Berlin or Sydney? (Girlfriend? Is he an Israeli citizen?) Some quotes are correct only if you frame them, for example: if you’ re passionate enough about your project, you can make it happen anywhere - Care to try in Greece, Nigeria, Syria? Also, I didn…

Sorry about that, the editors cut a lot of explanation because the article was too long. There's more info about me at http://jle.vi if you're interested.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#36
post #8

How did you like the INSEAD Singapore experience? What did you intend to gain from it (coming from an entrepreneurial background and returning to it once you completed) and did you succeed in doing so?

I realized I didn't really answer your question.

I went to learn how to turn small companies into big companies, to learn business fundamentals like finance and accounting that are so often overlooked, and to get some of the managerial skills I felt I missed out on by being an entrepreneur. When your name is on the door, you tend to think that people will just follow and listen to you, but it doesn't work that way.

I think I accomplished what I set out to, and then some. I gained a solid foundation in all the core business subjects, expanded my understanding, picked up some useful new skills, and built an incredible global network. I also had a total blast and traveled to 23 countries. Not a bad use of 1 year of your life, in my opinion.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#37
post #15

Silicon Valley is a beautiful area as is Tel Aviv and Singapore, but none of these places is going to change who you are or the decisions you make. Working long hours is not a function of where you live. It's a choice. I checked out the website for the company OP mentioned selling. The about page is not filled in with content, leading me to a conclusion that it's not really a fully thought through idea, let alone a c…

> Working long hours is not a function of where you live. It's a choice. Our choices are often informed, for better or worse, by those around us. And, for those for whom compensation is attached directly to how many hours they spend working (when you think about it, this group includes plenty of people on "salary" as well), where you live and the hours you work are directly correlated.

I couldn't agree more. I have friends at McKinsey London who are working 8AM-11PM every night, and I have friends at McKinsey Amsterdam who work 9AM-6PM.

Different places have different cultures. I'm not going to go so far as to say that Israel's work culture is more relaxed than the valley's, because people work their asses off here, too, but I think there's definitely a more "chilled" attitude here. As an example, most people go to the army for at least 2-3 years, then take 6-12 months off to explore the world before getting their bachelor's degree (which takes 4-5 years). How many people in the valley have this kind of lax attitude? In fact, most of the valley's prized examples can't even wait to finish their freshman year of college... see the difference?

I also think the fact that most people are a little older and have a little more perspective (having served a minimum of 3 years defending their country) changes the dynamic. Just my opinions.

Re: Why I Gave Up My Front-Row Seat in Silicon Valley

#40
post #11
post #7

Earlier quoted context omitted.

But at the end of the day it's still Silicon Valley #1 by a long shot... and then everyone else duking it out for #2. I don't see a reason to believe the status quo is going to change overnight. Culture tends to shift slowly, and culture is one of the best things SV has going for it.

Culture won't pay for rent. Silicon valley is no longer affordable for actual early stage startups. Even if you can somehow figure out rent, you have to compete with the existing tech giants in the area that can easily pay $150k+ for your engineers. I suspect that this is not sustainable.

Good engineers are still a gigantic bargain at $150k.

In reality, those good engineers want $150k and extremely high levels of autonomy OR $500k without caring so much about autonomy (hedge funds). A startup obviously can't afford the latter of those two options. You just need to found a company where the great engineer's desire for accomplishment and autonomy will be an asset rather than a liability. Unfortunately, VCs seem pretty invested in the idea that engineers are second-class citizens, so that's not likely to happen in their world.

Silicon Valley's rent problem is atrocious, but the big companies offering $150k are actually making it better. Why? Because when the big-company or government deal is fairly good, only startups with genuinely good ideas can attract engineers.

What's going on right now is that 99% of these startups aren't true tech companies, but bullshit marketing gambits that happen to involve technology. Those are the ones designed to mine the mediocrity of commodity JavaDrones. But if you go into the startup scene not knowing the warning signs, you'll probably end up working for one of those.

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