I agree with @mijustin’s analysis here:
VCs are particularly hungry for there to be a “centralized platform” for podcasting, where “discovery, consumption, and monetization can happen in the same place.” That desire serves no one but VCs and the centralized platform. One centralized platform = bad for creators.
Currently, podcasters have leverage because they own the connection with their audience. YouTubers don’t have that.
I don’t know any YouTuber that doesn’t have some type of gripe with the platform. They enforce policy inconsistently and downright stupidly. Transparency is severely lacking as well. Which coincidentally plagues most if not all of the tech monopolies.
Podcasts feel like the last thing still built on top of an open foundation, in this case RSS. We need to be moving more in that direction, not to more centralized platforms. In addition to the above problems, gate-keeping and censorship are sure to result from this centralization as well.
It might be too far of a generalization, but fuck it: if venture capitalists are interested, it’s probably not good.
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@smithtimmytim I think the key insight is that “getting VCs involved” is synonymous with asking for capitalism to help you. Capitalism only knows how to help itself. If your project can harness that motivation then go ahead. Otherwise, steer clear.
@fgtech haha! Agreed.
@smithtimmytim Of course it’s an over generalization, but I would go further: getting VCs involved will ruin a good thing most of the time.
Thanks for reading, sharing, and responding with your thoughts Tim!