Financing doesn't guarantee the success of startups.

Editor's note: The famous investor Fred Wilson made a summary on the topic of "Financing and success", mainly comparing his two rival companies, DuckDuckGo and Blekko, Blekko has so far gained 60 million dollars in capital, and DuckDuckGo So far they have gained 3 million dollars (they don't spend a penny), but Blekko is obviously not as good as DuckDuckGo. Money is not everything, but no money is not absolutely impossible.

Last week, I wrote in an essay:

Getting capital doesn't guarantee you win the market.

This week I saw these two tweets:

These two tweets show the competition between our company's two search engine companies (DuckDuckGo and Blekko), in which we don't look ugly. The gap between the two is widening.

Blekko has so far gained $60 million trillion in capital, and DuckDuckGo has so far gained 3 million dollars (they haven't spent a penny).

Last week, I also said:

Executive power, network effects, market entry strategies, and other things are the conditions for a company to win markets. How you build a company, how it works, how you make a profit determines whether you succeed or not. You have to do everything you can to raise money, but don't delude yourself into thinking that financing is the secret to success. Definitely not!