The second best part about bootstrapping (specifically: solo bootstrapping)? The immense satisfaction of eating from the work of my own hands. I finally launched my side project last month, and it's making enough to pay for rent and food. I have no other source of income or savings, and the feeling is fantastic -- even though the amount I am earning right now is tiny, far less than what I earned as a private consultant or employee of a VC-backed firm before. I wouldn't trade this feeling of satisfaction for any other job in the world. The freedom of 100% ownership: earning, managing, and spending every dollar without having to answer to anyone is priceless.
Taking VC money is just a glorified type of employment with lottery returns.