Should you bootstrap or start a VC backed company?

The podcast episode discusses the decision between bootstrapping a business or seeking venture capital funding. It highlights that the majority of businesses should not raise venture capital as it is not interested in investing in most businesses. The hosts also mention that many businesses that appear on shows like Shark Tank are not venture capital backable. They emphasize that not all software businesses should raise venture capital and that starting a venture-backed company is not the only way to get rich. The hosts argue that the whole argument of whether to choose bootstrapping or VC funding is not a real debate and that there is no moral superiority to either option. They conclude by stating that venture capital can be helpful for businesses that need upfront funding, but if it is not necessary, it is better to avoid it.