As someone who is bootstrapping without a lot of personal capital to fuel operations, I have a hard time relating to this post.
I almost want to invent another category for bootstrapped startups that have access to large amounts of personal liquid assets.
Just think of the difference in strategic moves available to you if you have $1MM vs $10k to throw at a problem.
Having said that, I applaud his efforts to try things differently, and even agree with a lot of what is in there.