Hacker News new | ask | show | jobs
by tylertringas 2224 days ago
the untold secret of bootstrapping to date is that is has often been done from positions of privilege: family money, savings from a very high paying career, spouse's salary, inheritance. Very hard to make broad generalizations since the companies are often privately held and under the radar (so no statistically significant data) but my experience is that the case far more often than you would think.

On the other side, I see many many founders essentially twist their business plan into something VCs want to see because accelerators/VCs are the only source of capital for early stage tech companies.

Funds like Earnest trying to change that.