Bootstrapped and profitable from day one, or venture-backed and burning cash for market share — which founder do you respect more?

Options

• Bootstrapped. Building something people actually pay for from day one is the real test.
• Venture-backed. Some markets require capital just to compete at all, that's not weakness.
• Respect isn't the right lens, they're playing completely different games.
• I respect whoever's still standing in five years, method doesn't matter to me.