Bootstrap Network

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The Bootstrap Network is an organization of entrepreneurs founded in Austin, Texas in 2003 by Bijoy Goswami. [1] The members, who are all founders of companies, give each other advice on building companies, the name referring to starting a company without outside financing, or 'bootstrapping'. [1] [2]

By 2006, the network had over 500 members in Austin and sister networks in 10 other cities in the US and India. [1] By 2009, it had 1,000 members. [3] Gary Hoover, founder of Hoover's and Bookstop has called Bootstrap Austin "among the most effective tools for entrepreneurs that I have ever seen - and I've seen a lot." [1]

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In general, bootstrapping usually refers to a self-starting process that is supposed to proceed without external input. In computer technology the term usually refers to the process of loading the basic software into the memory of a computer after power-on or general reset, especially the operating system which will then take care of loading other software as needed.

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In computer science, bootstrapping is the technique for producing a self-compiling compiler — that is, compiler written in the source programming language that it intends to compile. An initial core version of the compiler is generated in a different language ; successive expanded versions of the compiler are developed using this minimal subset of the language. The problem of compiling a self-compiling compiler has been called the chicken-or-egg problem in compiler design, and bootstrapping is a solution to this problem.

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In statistics, resampling is any of a variety of methods for doing one of the following:

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  2. Exchanging labels on data points when performing significance tests
  3. Validating models by using random subsets

Bootstrapping is any test or metric that uses random sampling with replacement, and falls under the broader class of resampling methods. Bootstrapping assigns measures of accuracy to sample estimates. This technique allows estimation of the sampling distribution of almost any statistic using random sampling methods.

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A bootstrapping node, also known as a rendezvous host, is a node in an overlay network that provides initial configuration information to newly joining nodes so that they may successfully join the overlay network. Bootstrapping nodes are predominantly found in decentralized peer-to-peer (P2P) networks because of the dynamically changing identities and configurations of member nodes in these networks.

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References

  1. 1 2 3 4 "A League Of His Own: Entrepreneur Bijoy Goswami reinvents the schmoozefest". BusinessWeek. Spring 2006. Archived from the original on 25 January 2010. Retrieved 28 February 2010.
  2. ↑ Kwon, Jean (20 February 2009). "Bootstrapping for success". Austin Business Journal. Retrieved 28 February 2010.
  3. ↑ Kwon, Jean (13 March 2009). "Bijoy Goswami: Founder, Bootstrap Austin". Austin Business Journal. Retrieved 28 February 2010.
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