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FWIW, you can also find an absolute ton of examples of startups that had plenty of money, and failed spectacularly. Having too much money is probably worse tha
by mibbitier 14y ago
FWIW, you can also find an absolute ton of examples of startups that had plenty of money, and failed spectacularly.
Having too much money is probably worse than not having enough.
I think the difference is that HN is primarily venture backed "silicon valley" startups. Mixergy is more about bootstrapped businesses.
- richardjordan 14y agoI doubt that overfunding causes more failures than insufficient access to capital. That defies experience and common sense. I suspect you're extrapolating from a handful of high profile data points.