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Taylor Swift has impeccable timing. First, she launched “Crimson,” an album about heartbreak and damage, whereas I used to be within the thick of highschool. My now-retired Tumblr continues to be grateful. Extra lately, Swift took on a venture to rerecord her earlier albums, reclaiming her music from her previous document label — this time along with her personal possession as a key distinction. Her first rerecording, of “Fearless” — annotated with “(Taylor’s Model)” — got here out this 12 months.
In fact, I believe there’s a fairly apparent tech angle right here. Swift made an announcement on artist empowerment and the significance of singer-owned music — document labels be damned — the identical 12 months that we noticed tech outlined by the Nice Resignation, rising entrepreneurs and distributed work. Like Swift, I believe the tech scene goes by an uncomfortable interval of adjusting their minds, questioning authority and getting nearer to self-advocacy in consequence.
Trying again, I unlearned quite a bit about startups this 12 months, particularly in terms of due diligence, formalization and what it means to be contrarian.
Due diligence is a differentiator
When Spark Capital determined to “sever all ties” with David Dobrik’s Dispo app weeks after main a deal within the firm, I instantly thought that it could set precedent throughout the enterprise capital trade. The transfer was triggered by a Enterprise Insider investigation that uncovered allegations from a girl who stated {that a} member of Dobrik’s Vlog Squad sexually assaulted her.
In some methods, I used to be proper: Unshackled Ventures and Seven Seven Six selected to step away from the corporate as properly, donating any income from their respective investments to organizations centered on survivors of sexual assault. In different methods, I used to be not. It’s clear that there continues to be a disconnect between what occurred with Dispo and the world of fast-moving due diligence.
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