Not sure if I believe boot strapping because of my background and location Latvia, but it seems crazy people trying to raise millions of dollars, like their lifes would depend from it!! How could possibly you need money like that to launch a successful project???

I understand in USA all the hires are much more expensive, but why not aim towards bootstrapping if you have some money, hire cheaper Philippinos to help out at starters, and then go all shiny and hustla!!