Lucy Guo, cofounder of Scale AI, argues that craving work-life balance may indicate you're in the wrong job, as her intense work routine doesn't feel like work to her. Many entrepreneurs and CEOs are adopting extreme work schedules, like China's 996 model, to succeed, often driven by passion rather than necessity, challenging traditional notions of work-life balance.
SingleStore CEO Raj Verma discusses the impact of Silicon Valley Bank's collapse on the venture capital ecosystem, noting a shift away from "growth at any cost" towards a focus on profitable growth and fiscal responsibility. While there is still capital available, it has become harder for companies to raise funds, with only the strongest companies succeeding. Verma also highlights the significant opportunity of generative AI in the current landscape.
Silicon Valley Bank, which was founded in 1983 to serve tech companies, collapsed in March 2023, causing a run on deposits and raising questions about how the blunders of a single medium-sized bank could unleash a torrent of panic in a region so accustomed to risk. The bank's origin story mirrors the generations of startups and gambles that turned fields of orchards into the capital of innovation. The bank's founders boasted of their PR acumen, but the bank was ultimately undone by the tech industry.