Duly Noted

The result that kept staring back at me: the startups with the most technical debt and the highest development velocity had the best funding outcomes. Period. A 60.6% success rate — higher than the “sustainable growth” companies doing everything by the book (57.5%). And the companies with the cleanest code? They had the lowest funding success rate in the entire dataset at 44.4%.

_{Quote Citation: MAX HEICHLING, “I Analyzed 70 Startups’ Codebases — The Ones With More Technical Debt Raised More Money | ByteVagabond – Digital Tinkering & Real-World Adventures”, 10 Feb, 2026, https://bytevagabond.com/post/technical-debt-startup-funding/}