Bandcamp did have investors, they weren't 100% bootstrapped. Those investors likely had board seats and a significant say in whether to accept Epic's offer. No

Bandcamp did have investors, they weren't 100% bootstrapped. Those investors likely had board seats and a significant say in whether to accept Epic's offer. Not to mention that COVID led to a steep increase in the site's traffic. It's possible that the added operational burden meant that Bandcamp was no longer the chill lifestyle business that it used to be.