你还能在2025年自力更生地培养出独角兽吗？
MailChimp以自筹资金的方式成功实现了120亿美元的收购，从未接受过风险投资，这似乎是创始人的终极梦想。但这样的路径在如今还现实吗？如今的独角兽企业似乎需要庞大的计算基础设施、人工智能/机器学习能力以及庞大的数据科学团队才能竞争。即使是简单的产品，现在也需要复杂的推荐引擎、大型语言模型或复杂的云架构，这些都需要大量资金。确实，你仍然可以建立盈利的自筹资金企业，但在2025年，是否还能在没有机构资金支持的情况下实现独角兽地位（超过10亿美元的估值）？还是说在技术复杂性和资本需求方面，进入门槛已经高到几乎不可能的地步？
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MailChimp famously bootstrapped their way to a $12B acquisition without ever taking VC money, which feels like the ultimate founder dream. But is that path even realistic anymore? Today's unicorns seem to require massive compute infrastructure, Al/ML capabilities, and enormous data science teams just to compete. Even simple products now need sophisticated recommendation engines, LLMs, or complex cloud architectures that burn through cash. Sure, you can still build profitable bootstrapped businesses, but can you realistically get to unicorn status ($1B+ valuation) without institutional funding in 2025? Or has the barrier to entry gotten so high in terms of technical complexity and capital requirements that it's impossible now?