New ask Hacker News story: Do you think overfunding can be a detriment to a startup?

Do you think overfunding can be a detriment to a startup?
3 by aabreu | 2 comments on Hacker News.
If a startup has very little money, they are forced to laser-focus on one thing and to make things simple. An overfunded startup may lose focus and overcomplicate, over-hire, and end up delivering later than if they had been underfunded. What do you think?