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by davidhansen 5351 days ago
I wouldn't call it a stigma. I'd call it a general disinterest. It's the same kind of disinterest that follows bootstrapped businesses or any business that chooses to make money instead of burning it.

As the cofounder of a bootstrapped business myself, I'm no fan of the shadow we operate in, but I understand it. The story of a company that doesn't have the luxury of positive cash flow to fall back on when things get tough is fundamentally more risky, and therefore exciting. You get larger magnitude successes and a larger number of failures, which is far more dramatic. And narratives with more risk, more reward, and higher drama, are the kind of narratives human beings love.

2 comments

"narratives with more risk, more reward, and higher drama, are the kind of narratives human beings love"

I love human beings.

Ummm downvoter I wasn't being snarky, I genuinely think this is part of what makes humans awesome.
more to the point, investors don't care.

If the average person could work 20 hours a week and make $15,000 a month, they'd feel pretty rich. (even at 60 hours a week)

If you want to make somebody else rich, you've got to make a lot more money, particularly if the person is an investor who's already rich.