The intensity of the software development prevents one to work over 8 hours a day, and even not for too long without a break. What I mean is pretty much continuous work, reading news, emails and making calls are not included. This number is usually 5 hours for some standard software companies, which usually have meetings and chatting from time to time during the 8 hours of office work.
Everybody has his own strength during different age range. As startup company, it's really necessary to work 60-80 hours a week including overall work related activities. Just make sure not to burn out yourself.