Bootstrapping vs venture capital & lessons from a veteran - Spencer Fry, Podia

I'm joined by bootstrapping legend Spencer Fry and we talk about how beer can turn into VC funding. Other things were discussed, such as predictions for the creator economy, opportunities that exist within that market and if you should get a co-founder.
Today I’m joined by Spencer Fry, founder of Podia, a platform helping creators make a living online through selling courses, digital downloads, webinars and more. 7 years in, they have a 35 person team and have an awesome product for creators. But this isn’t Spencer’s first rodeo, bootstrapping and exiting 3 businesses between 2003 and 2014, notably Carbonmade and TypeFrag. What’s interesting about Spencer is that he's actually raised funding for Podia, and I wanted to find out why a seasoned bootstrapper like Spencer went down this route, and if it’s a an option that more indie hackers should consider.

👉 50 minute version of this conversation.

What we covered in this episode:
  • Why Spencer raised funding for Podia
  • Why you should look at funding as a tool
  • Beer ≠ funding
  • 3 interesting predictions on the creator economy
  • Spencer’s article with those predictions
  • Bonus: Spencer’s famous vodka pasta dish
  • Opportunities to build in the creator economy
  • Why entrepreneurs are different gravy
  • Solo founder vs co-founder
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Bootstrapping vs venture capital & lessons from a veteran - Spencer Fry, Podia
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