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 Mutiny sails into the sunset while Bitkit continues on.

The reason that most startups fail is that they run out of money, not due to product or tech. Tie yourself to a money spigot and you can live on forever.

The rest of us need to fundraise, which is some of the hardest work a founder must do and often incredibly humbling. 
 You can't really "play it by ear" as a startup

Cash flow is critical 
 It is difficult to raise funds in the current market environment. It is even more difficult for Bitcoin projects. If you cannot find users who can pay you, you are basically close to bankruptcy. 
 This. It really is about if you have a daddy who will fund your habit

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