Venture Capital and Control with Dave Teare

Dave Teare is the co-founder and official "heart and soul" of 1Password, which recently raised $200 million in its first round of venture capital. Basecamp is a longtime happy customer of 1Password and also a longtime critic of venture capital, so the funding announcement led to some back-and-forth on Twitter between Basecamp co-founder David Heinemeier Hansson and Dave Teare. In this episode, DHH and Dave get on the phone to hash out their feelings about venture capital and what this funding round means for 1Password's future.