In response to recent comments by former imeem CEO Dalton Cadwell that music startups face almost insormountable challenges, David Hyman, the founder and CEO of MOG wrote:
“Those with models that work can reap massive rewards through its tumultuous evolution. There are countless phenomenal businesses built on providing services and products on a massive scale with a small margin."
Go David!
More @ TechCrunch
..."providing music content is a smaller-margin business. But, the addressable market is massive. Music consumption is at an all-time high and is most likely the second biggest leisure activity in the world behind watching television... It's an industry in massive flux." (Read on.)
“Those with models that work can reap massive rewards through its tumultuous evolution. There are countless phenomenal businesses built on providing services and products on a massive scale with a small margin."
Go David!
More @ TechCrunch
