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I think Kanye has the sheer talent and connections to build the Y Combinator for the music industry. The more fundamental problem is portfolio construction. It
by jamesmishra 6y ago
I think Kanye has the sheer talent and connections to build the Y Combinator for the music industry.
The more fundamental problem is portfolio construction. It is hard to invest in early-career artists on friendly deal terms because the top-performing catalogs are maybe only 1/1000 as financially successful as the top-performing YC companies.
I've written about this in more depth here: https://news.ycombinator.com/item?id=24528099 https://news.ycombinator.com/item?id=24528099