Where I live bootstrapping is a necessity rather than an option. Founders and early employees carry tons of risk, and once the business is profitable the idea o

Where I live bootstrapping is a necessity rather than an option. Founders and early employees carry tons of risk, and once the business is profitable the idea of taking funding on worse terms than are available to much riskier early-stage startups in the US is laughable. Companies grow organically because it makes the most sense to fuel growth with revenue. Given that the vast majority of startup financing in the US is late-stage, it seems to me that a lot of companies that take investment in the States are doing it to de-risk participants, exactly the same thing that happens when pre-revenue founders take funding to pay themselves salaries. I think this is a good thing, but the insinuation that the rest of the tech world is building digital surf shops because we are beach bums who don't understand scalability is insulting and inane.