I honestly think healthcare / health insurance is a major reason.
It's hard to be "ramen AND medical bills profitable" if you or one of your founders has an urgent medical issue when you're trying to bootstrap yourselves with no insurance.
The Obama administration should look at this issue and provide significantly reduced healthcare to bootstrapped startups.
It's hard to be "ramen AND medical bills profitable" if you or one of your founders has an urgent medical issue when you're trying to bootstrap yourselves with no insurance.
The Obama administration should look at this issue and provide significantly reduced healthcare to bootstrapped startups.