Why Most Music Startups Fail – Hypebot Sessions @ NARM [VIDEO]
Earlier this month, Hypebot hosted a series of panels during NARM’s Music Biz 2012 in L.A. One, hosted by Kyle Bylin, examined of why most music startups fail and but others succeed.
Why Most Music Startups Fail
There is no shortage of startups working to transform how we discover, market and monetize music, but most of them will fail. Are licensing issues defeating them, or are these technologists trying to fix problems that most consumers don’t really have?
Moderator: Kyle Bylin (Live Nation Labs)
Panelists: Larry Marcus (Managing Director at Walden Venture Capital), Mike Dougherty (CEO and co-founder of Jelli), Joey Flores (Earbits), Brenden Mulligan (OneSheet)
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Really enjoyed watching this! I won’t be launching a startup anytime soon.
Very interesting talk. For VCs who don’t know the music industry, they tend to lump all music startups into one (those with startup costs due to licensing and dealing with the big record labels). Obviously that’s not true for many music startups that offer services or a platform for people to upload their own work by choice. What it comes down to is that so many startups in music get started, so not only do many not execute well but there is also so many to choose from (as mentioned in the panel).