The amount of money a startup needs at any one time will vary depending on how fast you want to get into the market and the specific needs of the business. As a founder, you'll need to do detailed planning to know how much startup capital you'll need. Here's a way to think about it.
The conventional wisdom in the startup community these days is that to create a successful startup, you need to move at breakneck speed in everything you do. And, to facilitate this, you should consume as much money as you can