Depends on the finance and growth strategy being employed. If it's heavily financed in a winner takes all environment where growth is the only metric that matt

Depends on the finance and growth strategy being employed. If it's heavily financed in a winner takes all environment where growth is the only metric that matters frugality is not required. If it's boot strapped (no investment) and/or the product/market fit is not yet established then frugality is required. I've only ever started businesses that are bootstrapped. It requires a huge amount of patience!