there is a difference between "cheapness" and "having no money." points #5 and #6 (at least as worded above) indicate having no money, which is fine, but it se

there is a difference between "cheapness" and "having no money." points #5 and #6 (at least as worded above) indicate having no money, which is fine, but it seems to me that the best place to be is to have money but to be cheap. there are times when money is very helpful, the trick is to have the money but only use it when it is really needed. having no money is just the simplest way of forcing a startup to be cheap, but that is not necessarily the best state for a startup.