NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Founder of AI Startup Corgi Sparks Debate with Intense Work Routine

Nico Laqua, co-founder of rapidly growing AI insurance company Corgi, has triggered controversy in the technology industry after discussing his intense work routine, which includes sleeping in the office, working every day of the week, and sacrificing sleep in pursuit of company growth.

Laqua's remarks, shared during a recent appearance on the "20VC" podcast hosted by Harry Stebbings, have drawn attention as discussions around founder burnout, workplace expectations, and so-called "grind culture" continue to divide the startup world. Corgi, founded in 2024, has experienced a rapid rise in valuation, achieving unicorn status in May after raising a Series B funding round at a valuation of $1.3 billion. Just three weeks later, it secured a further Series B1 round that valued the business at $2.6 billion, according to a report in Business Insider.

During the podcast conversation, Stebbings posed a hypothetical question to Laqua, asking whether he would prefer Corgi to become a trillion-dollar company if it meant dying at 50, or see the business fail while living until 80. Laqua replied, "The answer to that is pretty easy. I'm dying either way." His comments have become a focal point in a wider conversation about the increasingly intense work habits being embraced by some startup founders and technology executives.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Laqua revealed that he keeps a mattress inside Corgi's office, where employees refer to the space as "Nico's room." He added that he typically sleeps only three to four hours each night, saying, "I would rather measure my lifespan in victories than years." His comments come amid ongoing debate among health experts and business leaders regarding the long-term effects of chronic sleep deprivation, workplace stress, and burnout.

While some companies continue experimenting with shorter working weeks and flexible schedules, Laqua argued that longer working hours remain a competitive advantage for high-growth businesses. "Whatever you can get done in five days, I promise you you'll get more done in six and seven," he said. "You should go all out." According to Laqua, the culture he observes among ambitious technology firms in San Francisco supports this view, with high-growth startups often having full offices on the weekends.

CompanyFirst Funding RoundCurrent Valuation
CorgiSeries B ($1.3B)$2.6B (Series B1)
(May 2024)(June 2024)

Laqua said that employees are permitted to take time off when needed, but suggested that Corgi does not operate around a conventional weekend structure. Workers may take a day off "every now and then," but there is no fixed expectation that Saturdays and Sundays are reserved for rest. As one employee noted, "If your days off happen to be Saturday and Sunday every week, then you will not have a place at Corgi."

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

The remarks quickly attracted attention across the startup community, with some agreeing that intense commitment is often necessary in fast-growing companies, while others argued that such expectations risk creating unhealthy work environments. Among those responding was Karri Saarinen, co-founder of software company Linear, who suggested that Laqua's perspective reflects a mindset often found among younger founders whose personal identity becomes closely tied to their companies.

Laqua responded briefly, saying, "If you're obsessed with a problem, you work hard." The podcast conversation generated additional attention after Stebbings highlighted an unusual detail about Corgi's early workforce, sharing that 2/3 of the first 30 team members have the Corgi logo as a tattoo. According to PitchBook data, Corgi currently employs 177 people.

Investor Takeaway

Founder burnout and grind culture may impact startup growth and valuation.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.