Wow, demo day seems so long ago.

We've just reached ramen break even, 2 years after seed funding.

Agreed. He knows the material intimately, so can speak to it with ease.

Ahhh... I can't wait to be able to use CSS3 in production. Down with images for rounded corners and drop shadows!

Well, sooner or later the company needs to scale. Better later than sooner.

The hockey stick of employees right after funding is lethal. It's not an organic growth, productivity drops through the floor, and instead of managing code (which they're experts at) the founders start managing people (decidedly less expert at this).

It's an error of inexperience. You only make that mistake once.