Earlier quoted context omitted.
What gets financing is founders. And what smart founders do is launch as soon as they have anything usable. It's not the last thing they'll build. See part 8, and in particular the third paragraph: http://www.paulgraham.com/really.html It makes me wince for HN to see so many people upvoting the parent. It's not just the meanness of it; it's that it's both mean and wrong. Surely at this point everyone is at least fami…
Part of the difficulty is convincing a strongly technical crowd that companies and products live or die for reasons other than technology. Unless they're solving crazy hard problems, a lot of engineering types are just going to be underwhelmed. Add in a lot of early success and that quickly turns to cynicism and frustration.
It is obviously true, but it still takes a while getting used to :)