Some startups do need lots of money (think biotech, etc), but for the vast majority of software startups, Eric is dead-on. Too much money will cause you to say

Some startups do need lots of money (think biotech, etc), but for the vast majority of software startups, Eric is dead-on. Too much money will cause you to say "Yes" to too many things, which then causes you to lose the focused precision that is (almost) required to succeed. I've lived through the too-much money route. I'm living the scrape-by route. There is no doubt which one is more focused!