Is venture capital bad?

This podcast is hosted by transistor dot f m. Hello, and welcome to Build Your SaaS. This is the behind the scenes story of building web apps in 2021. I'm Justin Jackson, and, John and I haven't recorded an episode in a while. We're planning on doing that soon. But in the meantime, wanted to share this conversation I had with Spencer Frey. Spencer is a friend of mine. He's the founder of podia.com, which I'm a big fan of. And, him and I see venture capital and venture capitalists differently. So I thought it'd be good for us to have a conversation about it and share it with you all. So let's, let's do that right now. Let's share the chat I had with Spencer. Let's talk a little bit about VCs and, and maybe this tweet you had. The original tweet, I think, says, that you're kind of perplexed about the hostility that the bootstrapping community gives VCs. Why why does that perplex you that that, that the bootstrapping community would be hostile or negative towards VCs? I guess that I look at it that we're all working on the Internet to create products and startups, and I don't really understand why, you know, money has to be part of this story. I mean, obviously, it's part of the story where, you know, a company has raised money, a company has raised money, whatever. But I don't I just don't view it as, you know, we're on one side, you're on this other side, and that we should be at odds with each other. Mhmm. And I think also, especially in in 2021, maybe we can go into this more in more detail later, the VC game is just or whatever. The VC VC backed companies are a lot different today than they were, you know, ten years ago and, like, the VC demands and how investors think about startups and their founders and stuff like that. So I just I was I was bootstrapper back in the day, and I just just think the narrative is wrong for for 2021 and in the last few years, actually. Yeah. Do you think do you think it's only from bootstrappers, though? Do VCs only get this kind of negative attention from boot bootstrappers? Is it unique to our community? No. No. But I but I think, like, we're all working on the same side. You know? We're all we're all arch entrepreneurs that are building products and, you know, trying to, build something great for our customers. And I I just I mean, you you also get it from, like, the press, and you get it from, you know, other people as well. But I don't know. I just feel like we're all playing on the same side and that we don't need to, you know, like, bad mouth each other or whatever. You know? Like, are you talking about VCs and entrepreneurs or venture backed companies and bootstrapped …