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> This is the first time in history when this has been possible.

That's overstating it a bit. Plenty of '80s software companies were bootstrapped for the cost of food+rent+computer, with shareware demos distributed via BBS.

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Even Apple was started as a bootstrapped effort.

Microsoft as well. They required no outside capital, and Gates & Allen put in a modest sum (equal to maybe $10,000 today). Their customers funded the business.

These are definitely outliers.

Agreed, I did overstate it a bit. It has been possible before. It has just recently became a lot easier.

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