Amir Saranga
“Hay Ww
A third possibility that exists is that
although the venture is sold to an investor
fund and the artist Is financially profitable,
for Investors there Is no interest in
continuing to develop the venture they
acquired due to competition with other
core investments of the fund or other
political reasons.
To summarize, The way an entrepreneur
goes from graduating from academia to
full maturity of the venture ranges over a
period of about 10 years from the age of
thirty to the age of forty, and after the age
of forty towards the middle, the artist
entrepreneur usually starts again but in
one-fifth of the scope of the work career
and devotes to family matters or teaching
In academia
July 2022
Casting in the art world of artists in their thirties and
so onTowards the age of 30 artists usually graduate
‘and begin their professional path. At this stage they
have some money in their possession but can not
afford heavy expenses of producing an expensive art
project.
Like in a startup they are using a funding and casting
model also known as FFF Friends, Family and Fools.
Towards the mid-thirties of their lives their idea
begins to take shape and in their ability to
demonstrate an initial feasibility to profit from their
work art.
In the next stage for the next three years they are
even starting to sell their product, then the
advertising comes to investors and significant
players in the market.
After the second stage above when the product
starts to be sold comes the third and final stage of
the venture. The work and the venture are acquired
by a venture capital fund of the professional industry
or the artist's budget runs out despite the initial sales
‘and the artist fails to sell the venture and the venture
closes,
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