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996

(lucumr.pocoo.org)
1001 points genericlemon24 | 2 comments | | HN request time: 0s | source
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whstl ◴[] No.45150377[source]
996 is just theater for investors.

Saw this happening even at YC companies. There was always that stupid expectation of overworking, staying until 9.

The reality is that people twiddle thumbs.

And the disorganization and micromanagement power plays are enough to negate any additional worked hour.

This ranges from pure disorganization in terms of what to build to having 3 hour meetings with the whole fucking company where the CEO pretends they have something worthwhile to say for 3 hours.

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graemep ◴[] No.45150486[source]
> 996 is just theater for investors.

Investors who have not heard of the research into productivity that says long hours have no significant benefit for skilled work? Who have not heard of diminishing returns? Who have no experience of the reality of working long hours themselves?

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citizenpaul ◴[] No.45150983[source]
>Who have no experience of the reality of working long hours themselves?

The majority of rich people do not work for their money. They inherit or "soft inherit" the money. They do investment stuff because it makes them feel big and powerful and important.

You can tell by their speech patterns. Meet some rich people in real life and pay attention to just how slow their patterns of speech and movement are on average. Most of them act like they don't have a care and all the time in the world. Because they do and they always have. Hustle is for the plebs.

Look back at some of the big scams like Wework, FTX, theranos. I've read the documentaries and its the same story. All the rich people they bilked say the same thing. "THEY PAID SO MUCH ATTENTION TO ME" more or less.

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abustamam ◴[] No.45152515[source]
I went to a seminar a lot of years back. The grifter on stage was hawking a product on how to invest in venture capital or something. The pitch was "got no money? Use other people's money! Pay $300 to learn how"

I don't know how true it is, as I am not about to take this grifters sales pitch at face value, but given that the grifter exhibited a lot of traits that I see in some of these rich investor people, I suspect that some investors actually use other people's money to invest, in some way that my plebe mind just cannot fathom.

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1. rsynnott ◴[] No.45152771{3}[source]
That’s what VC firms generally do.
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2. abustamam ◴[] No.45155004[source]
The funny/sad thing is that the house always wins. Even if an investment deal goes south, _someone_ still comes up ahead, somehow. Again, something my plebe brain can't grok.