Re:PG and Jessica
by jamesmishra on Friday September 25, 2020 @12:38PM
(#24591604)
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.
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