One area that is missed is that 37Signals didn’t really compete with heavily VC backed startups. The question becomes what happens when your growth rate goes t

One area that is missed is that 37Signals didn’t really compete with heavily VC backed startups. The question becomes what happens when your growth rate goes to 0, and your customers are churning because your VC backed competitors is cranking out features? It’s not clear that “just” spending less would have saved Flow.