Founded SiliconAlley.com. Active in Alley for over 20 years. Been there done that. Focus on doing less, better always wins.
Most startups attempt to do too much, too soon. They always fail. Founders are deep in the forrest. Investors fly by and what you are doing has to be simple before they visit the forrest. Keep it simple. See my post. http://siliconalley.com/part-1-of-many-why-you-dont-raise-money/411/