Depression: The Secret Struggle Startup Founders Won't Talk About

mattydread23 writes: In May, Cambrian Genomics CEO Austen Heinz committed suicide. The news stunned friends and family, and sparked a conversation about the growing problem of depression among startup founders. Some estimates say 30% of startup founders suffer from depression, but many are reluctant to talk about their struggle for fear of alienating investors and employees. This feature by Business Insider includes conversations with a friend of Heinz, plus many investors and other startup founders who are starting to talk about the problem and figure out how to make things better.

Comments

Re:LOL

[Midnight_Falcon]

As someone who lives in San Francisco and is around these type of people, yes, they are doing far better financially. Many of them even lose touch with folks earning average amounts. They ask me why I still live in a one bedroom apartment, and then I inform them the average of $50k/year in rent is well more than half most engineers' post-tax income; and they still don't seem to understand.

The culture of Silicon Valley and California in general is to sound positive all the time and avoid the negative -- people would much rather say nothing or offer platitudes than say "no". This forms part of the problem leading to depression -- everyone is "fake" and say things for political reasons, constantly on social networking talking up their accomplishments and that of their company. Of course, most of it is smoke and mirrors. Also the tech scene can be very pretentious and it takes a lot to "keep up with the Joneses" and stay in the social circles they prize. It becomes too much for many and they become depressed and fade away, replaced at their companies by the VC board. And some willing 20-something then comes and tries to fill their shoes and the cycle repeats.

No one wants to hire a depressed person. No one wants to go on dates with a depressed person (well, at least not many people -- negative/depressed dating site profiles don't get many replies). So, they conceal it until they break with full knowledge that when they break, they'll simply be replaced or their company will simply fail.

Depression is not self pity

[TapeCutter]

Would you say a financially comfortable american with terminal cancer is 'better off' than 99% of the world? - Of course not. Same thing with depression, depression is not self pity, it is a mental illness that has fuck all to do with the size of your wallet. As Robin Williams demonstrated, sufferers are unable to endure living even when swimming in money.

I'm not having a go at you personally, most people who don't understand depression have your dismissive attitude. I suggest you try educating yourself on the subject because odds are you will encounter a loved one with depression at some point in your life and it's handy to know what to do after telling them to "cheer up" doesn't work.

As for TFA, I don't find it surprising that "start up" people have a high proportion of manic-depressives, the manic phase of the illness is characterized by extreme optimism.

Shameless plug for a good cause

Unhealthy society. Not just in business or tech.

[aussersterne]

This isn't just about startups, this is across U.S. society—there is zero work-life balance.

Sure, every other company proclaims how great they are WRT work-life balance, but it's pure bullshit.

During hiring (for employees) and/or funding (for startups), if you give any evidence that you will ever put anything before the company (family, health, whatever, it doesn't matter) in ANY way, or ever draw a line in the sand about hours/commitment at ANY number, you are totally noncompetitive/nonfundable (they won't use these words) and won't be hired/be funded. If there is any evidence in your CV, online persona, or history that you have ever done any of these things, you won't be hired/funded.

Even after employment/funding, you have to keep this up. Sure, you may be asked (or even pressed) to "slow down," but it's superficial. The moment you do, positive evaluations/promotions/funding dries up; there is a perception that you're "not serious," "not committed," "not a good risk," or simply "not as capable/investment-worthy" as those *other* supermen/women that work 100+ hours a week (at least) and always put work first.

Yes, they want you to take a break, take care of yourself, and balance your life. But hey, if someone else delivers more value or growth more quickly... Well, they'd be nuts not to go with them instead, and hope you stay healthy in the meantime, all the best.

So, in the interest of your self/family/relationships you try to build a career that precisely demands that in order to keep it, you destroy your self/family/relationships. Depression is easy to fall into when your life will fall apart no matter what you do.