Yeah but all the successful VC funded startup stories are a form of survivorship bias too. The whole idea of venture capital is to fund many companies that will fail with the hope of finding the one unicorn that will make up for all the losses. A lottery just the same.
It's true that if you're taking out loans to fund your bootstrapped company you could be left holding the bag. But it's also true that you can build an IT startup without taking a lot of big loans for capital expenditures. You only grow when you're making money, so it's a slower path, but for some businesses it may make more sense.
It's true that if you're taking out loans to fund your bootstrapped company you could be left holding the bag. But it's also true that you can build an IT startup without taking a lot of big loans for capital expenditures. You only grow when you're making money, so it's a slower path, but for some businesses it may make more sense.