Money excess @ start up can lead to gold plating and excessively complicated solutions

In Advice for Start-ups on June 6, 2011 at 9:16 am

An urban legend illustrates this point –

NASA spent ten years and $12 million developing a pen that writes in zero gravity for use by astronauts.  The pen will write upside down, underwater, on almost any surface and is functional at extremely hot and cold temperatures.  The Russians, however, filled the need for a space writing instrument by simply using pencils.


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