[Iv]

Totally makes sense for both sides really.

VCs look at this and are like "We can't do that with run-off-the-mill webdevs and marketers". And they have a formula to express what to expect from this reasonable effort model.

Comes a founder with awesome experience in pedagogy, a reputation in, say, Montessori teaching, and publishing records. She knows 10 musicians who could potentially teach, 100 potential students to bootstrap the idea.

VCs re-reun the numbers with these new assumption and discover a potentially ten times higher return after Q1.

VCs and bootstrapers and founders make different assumptions in efforts and time and need each other, fit different niches.