What's the difference between bootstrapping and VC, and why does it matter? (Curious, I know little about these things)
Bootstapping lets you run your own company along your own lines, you firmly remain in charge.
It's often summed up as to what drives your creation of the startup: being "Rich or King".
A successful bootstraped company generally starts smaller and grows slower than a successful vc-funded company but the founders get to keep all of the ownership. With the advent of cloud computing its getting cheaper and cheaper to bootstrap and it's making bootstrapping much more of a viable and attractive option.