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Great article. It seems like the classic music industry is in many ways like the VC model. Fund/invest in many startup bands, with the goal that one in a hundr
by richk449 3y ago
Great article.
It seems like the classic music industry is in many ways like the VC model. Fund/invest in many startup bands, with the goal that one in a hundred get huge and return massive profits.
The end of the article talks about Bandcamp as an alternative, which is in some ways analogous to YC.
Is this an acknowledged similarity across industries? Are there other industries that have a similar model?