[esullivan]

"Nowadays you can ... easily outsource the first version".

Fine.

But doing it yourself is not a sign of "bad" entrepreneurism.

Many of my peers outsourced build, sunk a lot of cash/time/energy and went through various teams of developers and still dont have product.

Building yourself means you can continuously and efficiently adapt your product to user feedback, preserve cash and make sound recruitment decisions (through having an in-the-field understanding of skills gaps).