Bryce Roberts, the "recovering venture capitalist" who founded Indie.vc, talks with Recode's Peter Kafka about why more entrepreneurs should be asking if venture capital is right for them.

In this episode: Roberts' past investments; how VCs have controlled the definition of "entrepreneur" and why that's a problem; how Indie.vc works and what it looks for in applicants; is venture capital really that bad?; Gimlet's sale to Spotify; the connection between venture capital and layoffs at digital media companies; Shade Room's Angie Nwandu and the unusually diverse group of founders Indie.vc has backed; are traditional venture capitalists threatened by Roberts?; and why Tavi Gevinson shut down Rookie.

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Indie.vc founder Bryce Roberts: Why venture capital doesn't work for everyone 48:38 Share

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Indie.vc founder Bryce Roberts: Why venture capital doesn't work for everyone