# Overfunded startups don't innovate

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2025-02-26
- **Theme:** Other — https://www.gregosuri.com/predictions/other/
- **Source:** Everything Bagel: Open Source AI, Security, and Decentralization with Greg Osuri, Founder at Akash (The Index Podcast)
- **Watch at:** 00:02:54 — https://www.youtube.com/watch?v=VTJaABZMi9c&t=174s
- **Canonical:** https://www.gregosuri.com/predictions/other/2025-02-26-overfunded-startups-don-t-innovate-7tbq/
- **Cite as:** Greg Osuri, "Overfunded startups don't innovate," Everything Bagel: Open Source AI, Security, and Decentralization with Greg Osuri, Founder at Akash (The Index Podcast), 26 Feb 2025, 00:02:54. https://www.youtube.com/watch?v=VTJaABZMi9c&t=174s

## Quote — verbatim

> 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.

## Context — site annotation, not spoken

His 2018/2019 viral thesis that seed-stage funding is inversely correlated with progress; Akash raised $1.8M to launch its chain.