To start providing a service with a clear strategy to monetize? Not really. Bootstrapping is a matter of saving enough money to have sufficient ramen noodles an

To start providing a service with a clear strategy to monetize? Not really. Bootstrapping is a matter of saving enough money to have sufficient ramen noodles and rent checks. To create a phenomenon like facebook or twitter with no obvious way to monetize? Sure, you still need angels/VC. Were there really people chasing VC for iphone apps, or is this article pointing out the death of something that never really lived?