VC-backed businesses being more rare than bootstrapped ones does not reduce the rarity of a successful bootstrapped business or the skill needed to create one.

VC-backed businesses being more rare than bootstrapped ones does not reduce the rarity of a successful bootstrapped business or the skill needed to create one. To your parent's point, it is likely a rarer skill to successfully bootstrap businesses than to take venture capital. The difference is opportunity. A plumber in Oklahoma can bootstrap a successful plumbing business, but wouldn't be likely to get venture capital for such a business.