There are lots of startups that simply couldn't exist without early investment - anything with high upfront costs combined with economies of scale. I founded a

There are lots of startups that simply couldn't exist without early investment - anything with high upfront costs combined with economies of scale. I founded a payments processor 3 years ago - this is a good example of such a business. It's possible we could have bootstrapped, but it would have been a very different kind of business.