Tech investors are realizing putting entrepreneurs under too much pressure can be bad for business and are offering health advice. Read on.
Balderton Capital, the London-based venture capital firm and an early Depop backer, is about to try a more interventionist approach. It is one of the first VC firms in the world to launch a well-being program for the founders it has invested in.
“We are being quite selfish long term,” he said. “We think it’s in their interest but it’s also in our interest — it’s how we make money.” “Venture-backed businesses are about inhuman crazy acceleration for a short period of time that allows you to grow at scale,” he said. “It’s never going to be easy, it’s never going to be nine to five. But it’s about lasting 10 or 20 years, not burning out in five.”
“The uniqueness of entrepreneurship is you have individuals who are achievement oriented and have no boundaries,” Stephan said.Article content
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