For the Masses
Art may be deemed democratic in theory, but that doesn’t always hold as true in practice. Collectors ran up a $5.7 billion bill at Christie’s in 2011, a notable 14% higher than its 2010 sales. It appears that the affluent have turned to Picasso and Warhol now that Morgan and Goldman are no longer dutifully holding up their end of the bargain with returns from stocks or other investments.
Collecting art has always been earmarked for a select few, typically reserved for those who tend to their Arabian horses or oceanside estates on the weekends. But Indiewalls, a new startup venture, is looking to change the way people think about art.
When the good folks at Dunder Miflin start pitching web startups, you know the world’s got a tech bubble on the brain.
“The first lesson of Silicon Valley actually,” says Ryan, “Is that you only think about the user, the experience, you actually don’t think about the money, ever.”
There is an amazing website Read More
Fred Wilson, the prominent New York venture capitalist, declared last week that warnings signs of a dangerously overheated market were building in the world of tech investing.
Prominent VC voices weighed in, for the most part seconding Wilson’s assessment, touting their own credentials as far-sighted naysayers and amplifying the alarm.
Case in point, Mark Read More
John Borthwick, CEO of the technology incubator Betaworks, is the man behind some of NYC’s hottest web properties. Today he shared his thoughts on creating great products with Read Write Web, and it wasn’t pretty.
For Borthwick, success these days is all about speed. “Innovation is changing. The costs of starting a company are Read More