VCs can make spectacular returns. Sequoia Capital banked $3bn from its $60m investment in Whatsapp. Lightspeed Venture Partners turned $8M into $2Bn when it exited Snap. And SoftBank’s initial $20m investment in Alibaba was eventually worth $60bn when the company was listed on the stock market – that’s an incredible 3000x return. How do they
LONDON, UK / ACCESSWIRE / January 31, 2023 / Launched in 2016, S&P Gallery is a leading art advisory service and online e-commerce art platform for novice and experienced art collectors, art lovers, and individuals looking for the perfect artwork to decorate their homes. S&P Gallery has a sister company, Zeno, which is a publishing
Hanging art on your walls is always uplifting. However, making an entry into the art market as an investor can be challenging. If you are immersed in art, buying art is not a difficult proposition. You are aware of the styles, artists, periods, genres, and emerging artists. But if you are beginning to take interest
Four foot dissected companion, by Brooklyn-based artist KAWS. Photo from Maddox Gallery Young professionals are embracing a diversifying art world, which could mean a continued boom for contemporary and ultra-contemporary works ‘A painting is not a picture of an experience, but is the experience’. Mark Rothko’s famous sentiment is increasingly being echoed by investors who
Gallery Network The company demystifies the art market and provides a transparent way to confidently invest in art. Artnet Gallery Network January 6, 2023 Heinz Mack, Window (Chromatic Constellation) (2016). Courtesy of Arttrade. Art collecting has a very distinct cachet, one that is exclusive, monied, and largely opaque. Blue-chip art and artists (those with a
Elizabeth von Habsburg and Nanne Dekking Artory/Winston Art Fund When Dutch-born Nanne Dekking came to New York in 1996, he quickly realized he needed to be “nimble.” The humble portrait specialist surprised even himself when he found himself getting to the root of problems with provenance (painting origins, particularly in the wake of Nazi seizures
The Museum of Modern Art has tapped Lou Fernandes, a veteran endowment investment head, as its CIO, effective immediately. Fernandes served for six years at New York University as its endowment’s managing director of investments. Before that, he was at San Francisco-based Hall Capital Partners, an outsourced chief investment officer. The storied MoMA, located in
The initiative’s first acquisition is a painting by internationally acclaimed visual artist Sebastian Masegosa whose work has been exhibited in Art Basel and Pinta Miami MIAMI, Dec. 1, 2022 /PRNewswire/ — Unicoin, the next-generation cryptocurrency from the producers of the Unicorn Hunters show announced during Miami Art Week that it has launched a Global Art
New investments bolster artists and arts organizations using technology, 2022 Knight New Work winners, 2022 Knight Arts Champions and a new $40.7 million investment in Miami artists and arts organizations. MIAMI — On November 28, the John S. and James L. Knight Foundation unveiled its fifth major wave of arts grants in a campaign to
A relatively new way to invest in art—which is growing in popularity but not widely publicised—is to buy into securitised bundles of art loans, a service offered exclusively by the New York-based alternative investment platform Yieldstreet. The company, which in 2019 acquired Athena Art Finance, a specialty lender that has focused on art-backed loans to