[ThomPete]

Sorry not sure what you mean? Did he say that?

There are plenty of other bootstrapped companies out there; I know a few of them and they are doing very well.

Not sure what you mean with downsides. These bootstrapped companies have freedom to do whatever they want and they are mostly built on actual problems that others have not kept artificially alive by the funding game.. That in itself is worth quite a lot, at least to some.