It is a basic lesson, but one that doesn't hurt to hear over and over again. While his example might seem 'obvious' and 'extreme' it is all relative. All star

It is a basic lesson, but one that doesn't hurt to hear over and over again. While his example might seem 'obvious' and 'extreme' it is all relative. All startups make mistakes like this. Especially if it's your first one, your doing kinda ok, and your twentysomething. The startups that survive are the ones that don't make that one mistake big enough to tank the company.