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.

Show Notes

"Open Source and Power with Matt Mullenweg," our episode featuring a phone call between DHH and Automattic's Matt Mullenweg - 00:34

DHH's tweet about Automattic's funding round - 00:49

Dave Teare on Twitter | 1Password - 00:56

1Password's blog post announcing the funding round - 1:02

DHH's tweet about 1Password's funding announcement - 1:04

"A love letter to DHH and others concerned about our recent funding announcement" - 1:30

"Bezos Expeditions invests in 37signals" (Signal v. Noise) - 1:55

1Password co-founder Roustem Karimov on Twitter - 3:10

DHH's Ruby on Rails demo about building a blog engine in 15 minutes - 3:30

"Conceal, don't feel" is a lyric from Frozen's Let It Go - 14:14

"Inside WeWork's week from hell: How the mass layoffs went down" (CNN) - 19:16

Venture Capital and Control with Dave Teare

REWORK