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The single most reassuring and clarifying essay for a founder on the edge of quitting, Graham's core insight that startups die from demoralization, not money, reframes survival as the whole game.
How Not to Die
From paulgraham.com by Paul Graham short
- Roughly half of funded startups fail, and it's usually demoralization, not running out of cash, that kills them
- Maintain momentum and stay in regular contact with mentors and other founders so failure can't happen invisibly
- Find at least a small group of users who genuinely love what you built
- Public commitment and avoiding distractions (side projects, grad school) keep your determination high