Bootstrapping may be on the rise
Filed in archive Bootstrapper Resources on July 26, 2007
In the last entry of entrepreneurs' stories at the Kauffman Foundation's bootstrap resource page, Boston Globe reporter Robert Weisman writes about entrepreneurs who are shying away from capital investment as a way to launch their ventures.
Bootstrappers tripp Micou of Practical Computer Applications Inc. and Ali Merchant co-founder at CADNexus tell their stories.
The reasons given for the trend are open source software, viral marketing and other high tech tools bringing the cost of startup down.
For more perspective on this and to hear more from the point of view of Venture Capitalists and other investors, revisit this post and the related links.
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