This is confusing: You shut down because you couldn’t spend money quickly enough? Really?
Campbell Macdonald

No. I would have rather shut down with $0 in the bank. If we had hired faster last year, we may have not pivoted to the V2, we may have had better product insights, or we may have found a different path to product/market fit. Team is everything.

We shut down because we had fully explored the market and had run out of ideas and steam. With a more agile and diverse team, we may have explored the market differently or built out ideas more quickly.