VC behind ‘996’ work culture debate says 5-day weeks won't build billion-dollar startups

Venture capitalist Harry Stebbings faced a wave of backlash in June after urging European startup founders to increase their work hours — but he now admits there’s some room for nuance when applying his mantra.

Stebbings, founder of 20VC, a firm managing $650 million in funds, advised founders on LinkedIn last month that “7 days a week is the required velocity to win right now,” to compete with startups in Silicon Valley and China.

The post went viral, to Stebbings’ surprise, and sparked a debate on whether China’s brutal “996” work culture — which means working 9 a.m. to 9 p.m. six days a week — is needed in Europe.