[kamaal]

Start ups mostly move fast skipping the necessary ceremony which large corps have to do mandatorily to prevent a billion dollar product from melting. Its possible for start ups because they don't have a billion dollar to start with.

Once you do have a billion dollar product protecting it requires spending time, money and people to keep running. Because building a new one is a lot more effort than protecting existing one from melting.

[etothepii]

This.

Once you have revenue you have downside to protect. Pre-revenue the worst that can happen is that you have to start again knowing more than you did.