5 ms·
There are parallels between the speculative art world and VC capital approaches to tech companies. In some ways, the art and ideas don't matter when it comes to
by ogou 3y ago
There are parallels between the speculative art world and VC capital approaches to tech companies. In some ways, the art and ideas don't matter when it comes to potential value. Because of that, art dealers and VC funds don't seek quality. They invest in notability and novelty, in many directions at the same time. An interesting book about the history of art dealers is Rogues' Gallery by Philip Hook. When I read about the financial angles of the 1875-1935 modern art world, I saw many similarities to 2005-2015 Silicon Valley VC culture.
https://www.goodreads.com/book/show/32489013-rogues-gallery https://www.goodreads.com/book/show/32489013-rogues-gallery
- user_named 3y agoExactly. The art work doesn't matter. At all. At all. The only thing that matters is the brand of the artist and that it is well known.