Life is all about tradeoffs. Just because someone else's is different than yours, doesn't make it bad/wrong/illegal.
This mentality can be used to justify far too many stupid things.
As a society, we have laws that make it illegal to cross certain boundaries.
As an individual, I'm free to set my own limits on what I'll do. For one, I don't work at facebook or other adtech companies because I think the world has enough advertising and I don't like how phone-addicted people are.
I just think it's incredibly naive to assume you can have whatever lifestyle you want and be commercially successful. Success is costly ; you have to, almost by definition, be willing to do things other people aren't. I don't know where this idea that you somehow "deserve" to work "only 60 hours per week" comes from -- I just know that there are a lot of incredibly hard-working people in tech, and it's a high-stakes, high-money game, so you're going to get some outliers.
Perhaps you missed labor regulations over the last 200 years during the industrial revolution? That's where these ideas come from, that someone can have a solid quality of life without trading 60-100 hours a week of their life away.
I don't but you seem to, I wonder why?
My rudimentary understanding of labor law suggests it's not really clear what we are right now.
If they're owners, founders, or have significant equity? No. That's not the vast majority of tech workers though. They're (we? I'm a tech worker) just higher up in the caste system.
Is this labor in the "classic sense"? "Yes" if you're talking about the capital/labor division. "Conditional no" if you're talking about industrial labor.
Capital loves how easy it is these days to get motivated and fairly intelligent people to work for incredibly low wages, especially in the Bay Area. Some of those people actually create value that can be capitalized on.
I personally consider this an abuse of labor. I imagine that industrial-style regulation is not needed, as the curtain hiding the grossly misaligned relationships will eventually be pulled back -- most likely in the next big economic downturn.
They do not entitle you to be a successful startup founder for only X hours of work per week. You're not an employee when you're working for yourself.
I did the same thing for about a year before I finally quit my day job. I haven't work those kind of hours for many years.
If you aren't willing to sacrifice your free time, you probably won't succeed as a business owner and you are better off just working a regular job.
> Contrary to what this VC believes, it is NOT okay to expect someone to "work 60 hours a week at Facebook"
Let's get one of these already https://en.wikipedia.org/wiki/Working_Time_Directive
What they don't have is the ability to prevent others from doing it. Personally, I like that and hated working in Germany where I was forced to stop working because of an arbitrary hours limit per week.
Yes they do. They have a law.