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The Digital Music News Podcast

Jan 21, 2019

Invest in the right music startup, and you're a billionaire.  Make the wrong bet, and you're out of $5 million (or in court for five years).

But that's true for any investment risk involving new ideas and sectors.  So why are investors still gun-shy around music startups and concepts?

I assembled three experts in Hamburg, Germany to help me answer this very topic.  One recently sold his music distribution to Sony Music and is currently the president of a soccer club in Hamburg.  Another is actively investing across numerous creative areas in Europe.  And another is actively coaching and advising firms and startups in the space. 

I asked them to be blunt with me.  And I found some serious concerns surrounding investment dollars and music startups.

Thierry Boujard of MusicDeals told me he likes quick exits. Claudia Schwarz, VP of MusicTech Germany laughed a bit at that one, calling a quick exit in music 'a conundrum'.  Oke Goettlich, who started FineTunes and sold it to The Orchard (owned by Sony Music), had a very slow exit (and bootstrapped the whole way).

And off we went...