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I’ve spent most of my professional career in salaried positions. From my first job after college at a top tier management consultancy, to a decade working in venture capital, to a leadership position in a tech startup, I’ve always had a base salary with some level of variable bonus. These were competitive roles with competitive comp. They also came with an expectation that the title and the salary meant I was effectively always available to work.

Early in my career my fellow Bain ACs and I wore our 80+ hour work weeks like badges of honor. Work life balance wasn’t in my vocabulary. When I entered the world of VC, it was assumed I would be available day or night, 7 days a week. I would do whatever it took to get the deal done, whether that meant negotiating with an entrepreneur after hours or completing analysis to support a term sheet on a competitive opportunity. Even when I took a job at a corporate VC where the rest of the organization had much more of a nine-to-five culture, my work never stopped. …

MJ Maloof

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