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This is the kind of thing independent filmmakers would do to raise funds. There was no Internet or VC funds in those days to help. They'd pitch professionals who needed to invest: doctors, lawyers, accountants, dentists, and the like. Do people still go after them to raise funds for tech startups too?

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Spending so much time on sites like HN and TechCrunch, it's easy to forget that there are over half a million businesses started in the U.S. per year, with only a tiny smattering of those being VC funded tech startups.

Determined entrepreneurs get money however they can, but mostly pay out of their own pocket or borrow from local banks or credit unions. VC funded businesses are few and far between (except in SF), but seem to get a lion's share of the attention.

Source: http://web.sba.gov/faqs/faqindex.cfm

Yea, if you venture outside the HN/500startups tech ecosystem, you notice that there are many, many companies working on the same problems that YC companies are attempting to solve. They just don't get any recognition on HN, which is a little dangerous for HNers.

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