148

VC behind ‘996’ work culture debate says 5-day weeks won't build billion-dollar startups (www.cnbc.com)

submitted 1 year ago by Gsus4@mander.xyz to c/politics@lemmy.world

63 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] ArbitraryValue@sh.itjust.works 1 points 1 year ago

I assumed that the VC is talking about small startups, the sort that have a dozen employees and just one project.

[-] Gsus4@mander.xyz 2 points 1 year ago* (last edited 1 year ago)

Can those be valued at 1Bn?

Ok, yes, there are these examples:

Instagram: When Facebook acquired Instagram in 2012, the company had only 13 employees and was valued at $1 billion.

WhatsApp: When Facebook acquired WhatsApp in 2014, the company had around 55 employees, but it had previously raised funding at a valuation of $1.5 billion with a much smaller team.

Duo Security: In 2018, Cisco acquired Duo Security for $2.35 billion. At the time of acquisition, Duo had around 10 employees.

Nutanix: While not exactly a small startup at the time of valuation, Nutanix was valued at $1.2 billion in 2013 with around 10-15 employees.

(disclaimer: I sourced these from gpt and have not fact checked them)

this post was submitted on 10 Jul 2025

148 points (96.2% liked)

politics

31115 readers

2601 users here now

Welcome to the discussion of US Politics!

Rules:

Post only links to articles. Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

Articles must be relevant to US politics and contain quality and original content. Social Media adjacent hosts like Substack are allowed, but ONLY if they tie back to a company/subsidiary. No personal or friend group blogs and no self-promotion. Articles should be worth reading. Clickbait, stub articles, and re-hosted or stolen content are not allowed. Check your source for Reliability and Bias here.
Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing other users of being bots or paid actors.
No memes, trolling, misinformation, or low-effort posts/comments (including reposts). If you see posts like this that anger you, do not engage. Report, block, and live a happier life than they do. Any slap-fight is subject to comment removals. Fights full of rule violations will result in temporary bans to cool off.
No manipulating votes via bots or alt accounts; this will result in permanent bans. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in an account ban. Usernames containing racist, or inappropriate slurs will be permanently banned.

We ask that the users report any comment or post that violate the rules and use critical thinking when reading, posting, and commenting. Users that repeatedly have comments or posts removed, weaponize reports, or violate the code of conduct, will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users. The reason(s) behind moderator action(s) are publicly available through the Modlog.

That's all the rules!

Civic Links

• Register To Vote

• Citizenship Resource Center

• Congressional Awards Program

• Federal Government Agencies

• Library of Congress Legislative Resources

• The White House

• U.S. House of Representatives

• U.S. Senate

Partnered Communities:

• News