Will VCs soon seem prehistoric?

Filed in archive Bootstrapper News on July 19, 2007

Well, maybe if this post by Jeff O'Brien has any validity.

Especially if the cost of startup for technology companies stays low.

Consider that Romanian software and web design entrepreneur Cristian Dorobantesqu's first major capital investment when launching his company EnergyByte consisted of the purchase of two laptops.

Some parents spend almost as much (or more) sending a kid to college.

Of course, bootstrap guru Greg Gianforte has maintained for some time that big investment isn't even necessary with more bricks and mortar startups.

Still, it seems to me there will likely always be a place for bigger funding somewhere further up the food chain and even bootstrappers like Gianforte have found it necessary to raise investment capital at some point in their company's growth curve.

Besides, I'd hate to think that great bloggers like Brad Feld and Fred Wilson, both also VCs, would have to rely only on their writing to make a living someday.