[rwalling]

I don’t see signs of this yet. We’re still seeing the same level of companies with traction come through each time we run an application process for TinySeed (accelerator focused on bootstrapped SaaS).

But realistically, there are a couple camps in bootstrapped SaaS. Folks who want to build an audience (often by “building in public” on social media), then hope they can monetize it. And folks who focus on non-audience-driven marketing and sales.

We only fund the latter, so take my comment with that context.