It's an important point. In the broader context, most new businesses fail in relatively early stages due to running out of capital, ie time. Which is to say, mo

It's an important point. In the broader context, most new businesses fail in relatively early stages due to running out of capital, ie time. Which is to say, most entrepreneurs fail due to running out of money. There is no doubt that there is a diminishing return factor that kicks in, but it would be interesting to see how many more success stories are produced if the runway is N longer (for each increment of capital, how many more successful outcomes are there). You'll see some cynical takes such that: well if an entrepreneur had a really great thing, they'd have no terminal money problem to begin with (just show it to a VC, insta check). That's pretty blatantly false however, as the capital equation is a whole 'nother skillset and luck/chance/network factor that goes to work for or against your efforts.