4 ms·
Got any stats on that procrastination claim? I thought the conventional wisdom was that projecting profits too early and running out of startup capital kills mo
by MicahWedemeyer 17y ago
Got any stats on that procrastination claim? I thought the conventional wisdom was that projecting profits too early and running out of startup capital kills most new businesses.
- staunch 17y agoI think procrastination (caused by day jobs) usually kill startups in their infancy, before anyone except the founder(s) would even notice. Maybe the founder(s) launch a version 1.0, over the course of months. They work on it for a while, but it's not profitable and sucks up all their free time. When something important (like a high priority project at their day job) comes along they neglect it, and it eventually dies. I personally have met dozens of people who have this kind of story. Probably quite a few people on HN do.