3 ms·
I worked on software built explicitly to handle this issue, settlement of digital property revenues to channel partners for a startup two years ago. Nothing ca
by jonathanwallace 15y ago
I worked on software built explicitly to handle this issue, settlement of digital property revenues to channel partners for a startup two years ago.
Nothing came of it. Maybe it was too soon? Maybe the first founder didn't know the right people?
- joechip 15y agoMaybe the first founder didn't know the right people? Probably. Music companies are entertainment companies so are still extremely relationship-oriented businesses - far beyond the way conventional businesses are (such as software companies, manufacturers, retailers, etc). To be a top exec at a music company does not necessarily depend on skill or acumen. Music execs can fail horribly at one company and then effortlessly transition into another great exec job at a competing music company. It's a small world. The music industry has this idea that its very complex and difficult and needs years of experience - but its really not. If your founder happened to know the right exec in an e-commerce department and was able to show a demo/trial you could have been in with a chance. Anything related to billing software always has a good chance because its easy to make a case how it is generating revenue from day one. That's a difficult thing to do.