That's a dangerous attitude that makes sense for some startups, especially those with high burn rates. "If we don't get traction/product out the door now, we w

That's a dangerous attitude that makes sense for some startups, especially those with high burn rates. "If we don't get traction/product out the door now, we won't be able to raise our next round, so we have to get this product out the door yesterday to de-risk the whole company falling apart when we run out of money in a few months." Then later you raise your round and do the same thing for the next round. Eventually, of course, it will catch up with you and slow key progress. If you're unlucky that leads to a down round and you're all screwed. I see that as being a larger risk than competitors moving faster in the sort term (them moving faster short term may mean you move faster long term). Higher burn rates mean you have a clearer deadline for fundraising, means you're racing the clock, means you're incentivized to take on technical debt. I'd love to have a look at what really tends to kill companies more often, but it's just anecdotes and speculation from me today.