Episode 2 (ft. Dan Runcie): How hip-hop and venture capital are blueprints for each other's futures
Trapital founder Dan Runcie joins this episode to discuss the wide variety of shared opportunities—and problems—between hip-hop and venture capital. What are the similarities in how independent musicians and tech founders navigate their respective funding landscapes, and what alternative funding models are emerging to serve their needs? How do record labels and VC firms make investment decisions, and how could they potentially improve (e.g. pattern-matching biases)? How are third-party music distributors like UnitedMasters similar to tech accelerators like Y Combinator? At large, will the convergence of music and venture capital actually increase the value of recorded music itself—or only exacerbate current issues of wealth disparity and diversity in the music industry? After diving into these questions, we each share our carefully-selected picks for the latest overrated music news.