What a bad team can do to a Startup?
Flash/Flex developer, Orian Marx, started his Startup with much zeal and enthusiasm but had to give-in to failures because of none other but the team - the founders involved. His article outlined the story so well, it can well serve as a good lesson for everyone involved as co-founders of a startup. It is sad that his startup failed but I appreciate his courage to come out so open with what happened, what he learned and what we can take away from his failure story.
Read his story -- Reflections of a Y Combinator Dropout -- divided into three parts;
Note: Read through the whole story; between the lines, you can learn a lot from it.