According to the thread it's not supposed to be enough. You're supposed to go deep into credit card debt because that's how you know you're a Real Founder(tm). You know, if you're privileged enough to have limits high enough on your credit cards to go into that sort of debt, dont have people dependent on you, have a safety net to make this not so big a deal, etc. Clearly the best founders are the ones starving themselves so they can lower their risk of having to file for bankruptcy. And the best thing to do to fund a high risk tech startup with uncertain cash flows is apparently debt. Equity financing exists for a reason, you know. And the point of incorporating as a separate entity is liability protection/equity financing etc. For an investor, pushing your founders to increase the risk levels of their high risk companies by levering up with a personal guarantee is ridiculous. They increase the risk level so debtors can get the reward if things work, which is now less likely because of the compounding interest and personal stress.