3 ms·
Based on this article's description, I wouldn't say he's disintermediating it so much as differently intermediating it. It sounds like he's building up an inter
by _delirium 12y ago
Based on this article's description, I wouldn't say he's disintermediating it so much as differently intermediating it. It sounds like he's building up an interesting web of social and business conventions to position people as art-stars, cultivate investors in said art-stars' careers and works, cultivate "appreciators" who key on status signals he's inflecting certain artists with, etc. It's still ultimately a lot of a status and positioning game, trying to build someone up as a "major artist" in a way that a critical mass of critics and investors buy, while setting yourself up as the intermediary who controls access to this corner of the art world.
- gbhn 12y agoI'm certainly no art high roller, but my understanding is that the art world has a long history of patrons like this, who have eclectic tastes, large networks of trusting collectors, and an eye for the new. Everyone hates them, until eventually they build the Guggenheim museum and then everyone thinks they were awesome.