Why I Gave Up My Front-Row Seat in Silicon Valley
founderdating.com
founderdating.com
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 company.
There's a moment in everyone's life when they either decide to start telling themselves the truth, i.e., I am not a hockey player (Guy Kawasaki reference from the linked article), or they continue to live a life of lies.
Perhaps moving to a new place will convince someone they need to be honest and make the right choices for themselves, but I suspect a dramatic move is not necessary to begin telling oneself the truth.
It was sold by the buyer who bought it from me (acquired by a supplier), and I have no control over the content anymore, but as far as I can tell the site has been completely replaced at least twice since I sold it.
As far as "living a life of lies," I take offense, and I'm not sure where you come to this conclusion.
For me, living a life of lies meant telling myself I was meant to go to Stanford and run a Silicon Valley Startup.
Since I'm not sure there's any basis to the rest of your critique, I don't know how to respond to it.
For clarification as to my comment.
The lie: I behave this way because of the place I live.
The truth: I am responsible for my behavior, regardless of where I live.
The fault, therefore, is not Silicon Valley, but the choices I make every day.
Finally, congratulations, you not only have a choice of how you behave, but you also enjoy the rare choice of being able to choose where you live.
Enjoy your choices. That's all I was trying to say. And I think Silicon Valley is a beautiful area, so don't knock it unless you have a legitimate gripe ;)
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.
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.
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.
I wish they'd left that bit in, but what can I do? ;)
I don't think it's a good idea to overthink and start philosophizing about entrepreneurship in general.It does more harm than good.
You will never have the option to get any sort of permanent residency in Israel (unless you are jewish). The game is rigged so that to get permanent residency you have to have lived for at least 10 years on any non-tourist visa. So in theory you could study there for 5 years, then work there and max out your 5 years working visa options... but they will make certain to kick you out just before. I have had friends that could not complete their phd's because if they were to be given another years student visa they could then apply for permanent residency.
Also, btw, unlike many other countries your work visa in Israel will be tied to one company. To work at any other company you will have to apply for another visa. This does not sound like much but it makes it difficult to move between companies.
To be fair, this is true of the US too - in fact it's even tied to a particular location. To work at a different location within the same company requires a visa amendment (basically reapplication): http://www.murthy.com/2012/09/07/h1b-amendment-requirement-f...
There's an easy solution, though. Marry an Israeli. He or she doesn't have to be Jewish, either. There are millions of Muslim, Christian, Bahai, and even Buddhist Israeli passport holders.
Actually, everyone should know this... what you can get in Israel is a highly skilled work visa but this is limited to max 5 years, in any size of blocks for the course of your entire life. Meaning you can work for 5 years and then they will just kick you out. (I know from first hand experience).
* 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't understand too much about his profile: In the beginning seems like he was a very successful entrepreneur who turned into a VC, insinuating that he made lots of money (== success). Then it gives me the impression that he didn't had a great run.
Anyway, wish him all the best.
I know there's a war in Syria at the moment. But what's going on in Greece and Nigeria?
Sure... what about investors?
My heart belongs to NY though :)
http://en.wikipedia.org/wiki/Lockheed_YF-12
It never got beyond the prototype stage, though.
Life is not just money and fame.
If you're considering going to INSEAD, I say GO FOR IT - best year of my life thus far - but make sure you spend at least 4 months on each campus, that's the best way to do it.
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.
I suspect that this is not sustainable.
There's a reason that every company in tech is trying to b.s. people that they either are _really_ a startup (when they are not), or that they are _like_ a startup (yeah, right).
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.
Israel still has a strong hold on spot #2 in terms of talented workforce, number of exits, number of companies started, overall access to capital, etc etc. Many VC firms have offices only in Silicon Valley and Tel Aviv, with no mention of New York. Pretty cool!