I am looking to raise our first round of capital from angels. My question might seem like I'm not fully invested in my startup, but I am. With a family at home, my days of working 80+ hours a week are long over.
At the moment my co-founder and I work a regular 9-5 at our startup and have build an initial version. We have been reaching out to potential customers and have been able to get a few on the paid plans.
If we raise money, would investors be concerned if the founders work a normal 40hrs/week on their startup?
Venture Capital Founders Investors
Working 40 hours a week is sutainable over the long haul. (And growing a startup is a long haul!) It's far more important that you are using that time wisely. Your performance drops of quite a but as you work more hours.
Yes.
If I were an investor I'd be far more interested in:
You don't need to work more than 40 hours to accomplish any of this.