VCs are prone to a particular version of this.

They'll say something like: "Podcasting is sub-optimal because it's not centralized. Nobody owns the platform so it's hard to monetize it."

🤣 THAT'S WHY WE LOVE IT.
❤️ RSS is beautiful.
🙅‍♂️ We don't want FB/Goog/Amzn to own it.