Reading http://blog.precipice.org/why-wesabe-lost-to-mint http://blog.precipice.org/why-wesabe-lost-to-mint made it seem like they "lost" because they gave up.

Reading http://blog.precipice.org/why-wesabe-lost-to-mint http://blog.precipice.org/why-wesabe-lost-to-mint made it seem like they "lost" because they gave up. Successful businesses often reinvent themselves for greater success in ways completely unanticipated beforehand. Most successful businesses in fact face more than one “going out of business” crisis in their lifetime. The longer your business survives, the more chances there are to find new ways to thrive. Marc mentions they were near to running "indefinitely on revenue," but doesn't address why they didn't go that route. Sure, they were NEARLY failing, but running a business isn’t a sprint, it’s a marathon. You only "lose" when you go out of business. And yes, Mint was "winning." But still, the fact that Marc chooses not to focus on what they could have done just to survive makes it seem like he doesn't understand that staying in business is crucial, even when you're "losing."