Pure conjecture, but is it reasonable to think that bootstrapped companies might be more likely to be bought out than ones backed by major VC bucks?
I suspect a disproportionate number of bootstrapped companies that fall into the might-become-$1BN category get an offer they can't turn down at some point before they arrive.
Agreed.. bootstrapped companies mean a much higher % of the business is owned by founders (if not all of it) resulting in lower acquisition prices needed for it to still be huge outcome for the founders.
I suspect a disproportionate number of bootstrapped companies that fall into the might-become-$1BN category get an offer they can't turn down at some point before they arrive.