Why start-ups need capital discipline
While reading through Seth Godin’s free e-book recently, I noticed that Fred Wilson had 
dedicated an entire page of his blog to the concept of “slow capital.” I like the notion of slow capital; it strikes me as the other side of the coin of agile, capitally disciplined startups.
Since more often than not, a startup’s model and/or product will change from the point of founding and funding, early-stage startups need to have the ability to make informed progress in the face of all challenges. How capital flows into and out of a startup in order to enable such progress is absolutely critical and yet very difficult to manage.
And execution in the presence of too much capital, too little capital, or poorly applied capital defines both the health of the business and the relationship between a startup and its investors. Together, the concepts of slow capital and capital discipline provide a framework for managing this relationship. Read full story:
