Most Israeli Startup Founders Work up to 15 Hour Per Day, Survey Finds
A new survey by Axis Innovation and Tel Aviv University's Coller School of Management questioned 200 startup founders in more than 20 tech fields
Adi Pick | 16:32 11.03.2020
Tech jobs are some of the most lucrative in Israel, but it turns out that being a startup founder is not as glamorous as one might think. According to a new survey released by Axis Innovation in conjunction with Tel Aviv University's Coller School of Management, 57% of startup founders work between 10-15 hours per day, much more than the typical 8.5-hour days that constitute the standard Israeli workday. Approximately 200 startup founders representing more than 20 tech verticles were interviewed for the survey. The majority of the founders, 70%, identified as repeat entrepreneurs. Asked about their startup’s expected valuation, 14% of founders said they are aiming at unicorn status, and expecting to reach above $1 billion in valuation.