I would say that should be the going framework regardless. Having come from a failing startup thanks to being lean, I think the lesson I’ve learned is mostly “it depends.” The company I’m at now went on a hiring spree once we landed in YC and got our first few investors. We then ended up having too many engineers, at least for the problems we could reasonably expect people to pay us for, and had to let two people go.
It sounds like your previous startup didn’t fulfill the “enough” portion. As in it was a minimal company but not a minimal viable company?