Startups do not win by transcending, they win by attacking
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Startups can only solve one problem well at any given time 2 0 3Many startups raise large amounts of capital with meaningless metrics 1 0 1Startups win by transcending, not by attacking 1 0 2Increasingly, success comes from having new ideas and building new things 1 0 2Building something users love and spending less than you make is key to startup success 1 0 2A startup will be in a much stronger position if it can make it to profitability without raising any additional money 1 0 2The real test of a startup's success is revenue, not fundraising 1 0 2Startups frequently change direction and may not utilize the intellectual property they initially sought to license 1 0 2Startups do not inherently reward novelty or difficulty of work 1 0 2In startups, taking shortcuts is often advantageous 1 0 2