There seem to be two basic camps in startup land, each talking their own book. The venture capital industrial complex churns out dazzling tales of lottery ticket winners — errr — I mean hard-working well-deservers, in hopes to inspire “go big, or go home” risk taking that fuels their system. Camp Bootstrapper is a curious mix of contrarians, jilted former high-fliers, and lifestyle advocates who profess to have “seen the light” and view investors mostly as vampires with checkbooks, prowling for naive, fresh meat.

Newsflash: as you already intuitively know, neither is close to accurate. In fact, both advocations prescribe situationally-dependent advice, rife with confirmation bias, which is almost never helpful.

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