I've bootstrapped multiple successful businesses, and this guy missed the most important lessons of all: - Don't gamble hundreds of thousands of dollars of you

I've bootstrapped multiple successful businesses, and this guy missed the most important lessons of all: - Don't gamble hundreds of thousands of dollars of your own money on unvalidated concepts. - If a gamble doesn't pay off, don't throw more money into the pit. Being successful in business is literally about taking small gambles you can afford to lose, and then absolutely milking it when one of them pays off. I've lost money countless times on unvalidated ideas that didn't pan out, but it's always at most single-digit percentages of the company's assets. Startup bullshit-speak aside, they could have easily earned their "real-world MBA" by following some Wordpress tutorials, spending a couple of hundred on hosting and plugins then shooting the idea in the back of the head 6 months later when they discover that bootstrapping a marketplace is damn near impossible. There seems to be a huge chasm between people who want to be seen as a cool "Founder/CEO", and people who actually want to start a profitable and valuable business.