Bootstrap

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Bootstrap

Term used to describe the start-up of a company with very little capital.

Bootstrap

1. To start a company with personal finances rather than through loans or venture capital. This is obviously a large risk to the entrepreneur as he/she has no recourse should the business fail. On the other hand, it allows the entrepreneur to maintain control of the business and has the potential to be very successful. It is famously said that Ross Perot established Electronic Data Systems with $1,000 in personal savings; he maintained complete control of the company until its IPO six years later. This is an example of bootstrapping. See also: Seed money.

2. To calculate the yield curve on a zero-coupon Treasury bill. Because the U.S. Treasury does not issue new T-bills constantly, bootstrapping is used to create a yield curve by filling in the missing yields on the T-bills.

bootstrap

To assist a new business in getting off the ground.
References in periodicals archive ?
In Section 3 the employed bootstrap selection method is illustrated and the bootstrap scheme briefly recalled.
A confidence level can be determined for the apparent change by performing a bootstrap analysis.
Part III discusses some key features of bootstraps, including their ubiquity, and thus the undesirability of disallowing all of them.
[MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] = the standard error found by calculating the SD of the bootstrap estimates of [theta], and
Van Auken observed a "serious gap in the literature" (in apparent concurrence with the authors of this paper) and stated that "research on the use of bootstrap financing is limited" (Van Auken, 2005, p.95), even though "bootstrap financing is a common source of financing" (p.
1995), with confidence intervals being estimated by a parametric bootstrap technique which takes account of the hierarchical structure of DC data.
There are, of course, many instances in which an actor must do Y before doing Z, and not all of them are bootstraps. When a person obtains a concealed-carry license (Y), she is then legally permitted to carry a concealed firearm (Z).
Most people who went had a great time,and the city had its day in the sun,but let's not continue kidding ourselves that this was Liverpool pulling itself up by its bootstraps.
Delia pulls herself up by her bootstraps, first cleaning with the Dust Bunnies service, then returning to her first calling -- cosmetology -- taking over the Bee's Bonnet Beauty Salon (just down the road from Biscuit World and Goobers restaurant and bar).
Four hundred bootstraps starting with random addition of taxa, each retaining 100 trees, were carried out.
And if we find ourselves pompously arguing that the poor should lift themselves out of poverty by their own bootstraps, we should ask someone to douse us with cold water.
2) Conduct bootstrap PCAs; to provide confidence limits, a minimum of 1000 bootstraps should be used (Efron 1987, Dixon 1993).