Overfunded startups don't innovate
Everything Bagel: Open Source AI, Security, and Decentralization with Greg Osuri, Founder at Akash (The Index Podcast)
“There historically hasn’t been a single success story… that’s overfunded, that actually innovated… Solana is a classic story, Ethereum is a classic story… most successful teams always have significantly lower funding because… once you have money you have distractions.” — 00:02:54
Context: His 2018/2019 viral thesis that seed-stage funding is inversely correlated with progress; Akash raised $1.8M to launch its chain.