"I realized it was basically hopeless to start startups that touch label music" there's a key word missing in your sentiment. the companies that are streaming m

"I realized it was basically hopeless to start startups that touch label music" there's a key word missing in your sentiment. the companies that are streaming music require licenses. there's a number of great companies that are extremely innovative in the music space. the echo nest just raised a $7mil round today. tunecore and indaba are two more varying types that have very nice business models. from the article: "There will be no new players of significance to enter the business. Investors don’t want to entertain the remotest possibility of funding any start-up that deals with music" once again, it's not fair to think of all startups related to music as synonymous with the struggles of the streaming startups. as one who has been involved in the music space for a couple years, i still believe there is potential as more & more music is being produced --> how do we sift through all the noise?