Odaily News Nick Tomaino, founder of 1confirmation, wrote in an article on X that one of the most unexpected developments since 1confirmation started is that there is a negative correlation between the initial financing size and the long-term success of the project in the early stages of entrepreneurship. Founders often hope to attract market attention through large financing, and investors generally tend to participate in certain transactions for the same reason. 1confirmation did this at first, but it turns out that the only three failed projects in our portfolio have raised more than $10 million before the product finds market fit, while the other 46 projects, although the financing amount does not exceed $10 million, are still running, and many of them are developing well. Nick added that there are two main reasons for this contrast: first, raising too much money too early can easily cause distraction, and the team may hire too many people to try different fields; second, it may wear down the team's motivation, and the founder may lose the sense of urgency because he feels that he has succeeded.