Signing a $50,000 contract when you don't have the money to pay for it sure is gambling alright, but it's gambling with someone else's time, money and livelihood. I sure hope the vendor was in on the risk.<p>There's a lesson in this for all you contractors out there. Take money up front (I used to expect 50% for small projects, but less for larger ones.) Don't assume your client necessarily has the money to pay once you've completed the job.
Dear web 2.0 hipsters: there are guys like Elon Musk and John Carmack actually launching rockets. This is nothing to do with that. It's just a silly little website with a toy iPhone app. Please try to pick some halfway meaningful names.<p>I'm looking at you too, Urban Airship.
It's post's like this, knowing others are going through the tough emotional cycles, that inspires and helps all of us. Yes building a company is still really f*cking hard!!