Gimme a break. There's no mystery here. "Tech elite" is a code word for venture capital. VCs pooh-pooh lifestyle and bootstrapped businesses because there's no

Gimme a break. There's no mystery here. "Tech elite" is a code word for venture capital. VCs pooh-pooh lifestyle and bootstrapped businesses because there's no opportunity for them to profit. VC-backed founders have been successful at raising investment, so of course they're not interested in a business that doesn't require it. Both groups want to define success in terms that give them a business advantage.