
#274 Scott Lynn- CEO of Masterworks on Creating a Billion Dollar Brand Disrupting the Art World
What Got You There with Sean DeLaney
Art Market
There's roughly seven thousand artists that trade publicly at auction. Out of those 50, we've seen more than ten billion dollars in work that's been offered to us privately. I think there should be an expectation that if a dealer tells a collector they should buy something for a million dollars, that dealer has a feduciary obligation to make ation. Soi hope that over time, we see transaction costs go down in the art market.
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