I read this comment as "You can't do this as a scrappy one-person startup," not "You must raise VC." Bootstrapping by using $2-5MM you / your cofounders have (f

I read this comment as "You can't do this as a scrappy one-person startup," not "You must raise VC." Bootstrapping by using $2-5MM you / your cofounders have (from previous ventures, happening to be rich, etc.) would work fine. Many startups and entrepreneurs can work great with minimal capital, both in Europe and outside Europe. The claim of this comment was this is the wrong business to be in if that's your goal (and I think that claim is intended to apply equally well in Europe).