> My view is that capital is nearly irrelevant in mainstream technology now beyond achieving bootstrap

Wasn't that true for traditional businesses as well? Beyond bootstrap, the company itself (revenue streams, assets, etc.) is the capital.

I mean, if I wanted to be a landlord in the middle ages the only capital I need is a bag of gold coins to buy enough land and build a fort and "bootstrap" my lordship... (and maybe a fake birth certificate :)