3 ms·
There are plenty of bootstrapped companies which managed to pay the hosting costs just fine. In fact it's better because it forces companies to prove their mode
by jondubois 9y ago
There are plenty of bootstrapped companies which managed to pay the hosting costs just fine. In fact it's better because it forces companies to prove their model while they're still small before they become a huge systemic risk to all of society.
- aaavl2821 9y agoPlenty of bootstrapped companies != all the software and apps we have today
- jondubois 9y agoYeah because VC money drove up the price of online advertising to insane levels which bootstrapped companies could no longer compete with and then they hoarded up all the blogs with constant streams of articles... There was a long period when VCs essentially owned all the popular tech blogs. Bloggers would not dare to cover any product which was not backed by VC money for fear that it would ruin their future prospects. In effect, VCs used their money to gain a monopoly on user attention and this killed off a LOT of bootstrapped companies which would otherwise have strived.