[_alex_]

I worked at a startup that took waaaay too much money too early. they hired a ton of people that they didn’t need and refused to make some hard decisions because they thought they had all the time they needed to “figure it out”. That company is still around but they’re probably going to collapse. they’re almost out of money and don’t actually have a thing that people want to buy. all they’ve done is spend a lot of vc money.

That said, I don’t think you want to swing the pendulum the other way and everyone should bootstrap everything. Hiring good people takes money. I think you should raise the amount of money you actually need and no more. Scarcity drives the hard decisions.