2min chapter

This Week in Startups cover image

Sahil Lavingia on Gumroad’s groundbreaking equity crowdfunding raise, lessons from a decade-long startup journey, insights on rolling funds & more | E1188

This Week in Startups

CHAPTER

The Fine Art Gallery Scam

This is exactly what people in the art market do. The art gallery goes to their best clients and says, hey, this new show is coming. There's thirty pieces. Here's fifteen of them. You can buy it at this great price if you buy them right now. Great. Thank you for the cash. Other fifteen are there. Then people bit up those last 15, and their scarcity, then those people sell five of those paintings, triple their money, and they got the original ten for free. And that's classic pumping and dumping. An, e, there is, there a lot of incentives here that i think are not necessarily good. U or will er be replicated in

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