[w1ntermute]

Reminds me of these lines from a Hemingway novel:

“How did you go bankrupt?”

“Two ways, gradually and then suddenly.”

There have been a lot of startups without a real product that have been propped up by the bubble of easy money over the last 5 years. But sooner or later, the debtors will come calling.

If you work at a startup, you owe it to yourself to think carefully about where your company stands - you can be sure that the executives, drunk on their own Kool-aid, won't see any problems until it's too late.

[sbarre]

Jawbone has/had plenty of products. I don't understand the relevance of this comment

[charlesdm]

I guess he meant, a real product making money + a profit.