Members Anderton Posted March 7, 2016 Members Share Posted March 7, 2016 This article is from someone who understands music and understands finance, and explores the implications of investments being made in Spotify, SoundCloud, etc. While that might sound deadly dull, he really knows how to write, and really knows how to explain the reality of this world. If the future of the music biz interests you at all, it's a brilliant exposition. Highly recommended. Link to comment Share on other sites More sharing options...
Phil O'Keefe Posted March 7, 2016 Share Posted March 7, 2016 Really good article! How can they keep a business like Spotify running with that much red ink year after year? Obviously it's the venture capital making it possible, but how do they keep getting that kind of funding, and what are the investors seeing as the potential payday? Link to comment Share on other sites More sharing options...
Members RoadRanger Posted March 9, 2016 Members Share Posted March 9, 2016 It's the old dot com bubble all over again. The issue is that there is way more investment capital available than decent investments. Link to comment Share on other sites More sharing options...
Members Anderton Posted March 10, 2016 Author Members Share Posted March 10, 2016 It's the old dot com bubble all over again. The issue is that there is way more investment capital available than decent investments. I know that over 80% of all acquisitions fail. I suspect what's happening is these are considered relatively inexpensive investments so if one hits the jackpot, so much the better. And if not...losses that can offset gains for tax purposes. Link to comment Share on other sites More sharing options...
Members Notes_Norton Posted March 10, 2016 Members Share Posted March 10, 2016 Most businesses fail, usually in the first 5 yeas. At least that's what I was taught in Economics class. I suppose that's an average between the ones that fail in the first year and the ones that fail in the 10th. I don't think anyone knows how to make recorded music profitable again (yet?). But if someone figures it out, big profits could be his or hers. Investing in a business is always a gamble I played the stock market a little, and wasn't very good at it. Notes Link to comment Share on other sites More sharing options...
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