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14 May, 2008

Venture Capital and Music 2.0

There is another interesting Hypebot post summarizing Venture Capital talks at the MusicTech Summit happened in San Francisco last week.



Apparently Venture Capitalists seem a bit reluctant in investing in music 2.0 companies because of the few revenues generated within the industry and the dubious legality of many of their models.



You can read more here



From what emerged in these talks, it looks like the future of music 2.0 companies doesn't look very promising.

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