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Samsung and Huawei, however, have been beaten to the market by Royole, a Chinese display making start-up, which last week unveiled a foldable Android phone with a bigger screen, priced from around $1,300.
The lean approach reduces the first two constraints by helping new ventures launch products that customers actually want, far more quickly and cheaply than traditional methods, and the third by making start-ups less risky.
"We've set aggressive goals for future releases: we're working on making start-up speed even faster and removing the current requirement for administrator rights to install the plug-in," Google engineer Tomas Gunnarsson writes today.
A great first sentence, and the rest of the piece bounces along with similar energy, telling how Musk made himself an expert on space technology, hired the future head of Nasa, built rockets, and drew up a business plan for settling Mars; while juggling, and almost dropping, his electric-car making start-up, Tesla.
Never answer an advertisement asking you to pay money for a jewelry making start-up kit.
But he concedes that an underdeveloped market in banking IT services makes starting up a bank in the UK more difficult than in the US, for example, where off-the-shelf systems are readily available.
It is such Croesus-like sums that make start-ups worth all the toil and trouble.
Not having a solid way to collect money is what makes start-up firms vulnerable".
Like with natural selection, failure is part of what makes start-ups, in toto, so successful: only the best survive.
So when Bravo sat down to make "Start-Ups: Silicon Valley," a new show, you can be sure the network had to make up a lot of stuff to fill several hours of television.
"Those of us that are crazy enough to want to continue to invest have been looking for a new model that will make start-up chip investing work," said Ken Lawler, a general partner at Battery Ventures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com