This Week in Startups

Spotify x Barcelona, ex-Disney CEO joins Genies, AMC gold mine + D.A. Wallach: music and bio-investing | Angel S6 E10 | E1410

Mar 17, 2022
D.A. Wallach, a musician turned investor and founder of TimeBio Ventures, joins the discussion to explore the intriguing intersection of music and biotech investing. He reflects on the evolving music industry in the digital age and emphasizes the need for artists to innovate. The conversation also dives into the complexities of healthcare investments, touching on ethical concerns in genetic technology. Additionally, they discuss Spotify's massive naming rights deal for FC Barcelona and AMC's surprising foray into gold mining, blending humor with sharp insights on market dynamics.
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ANECDOTE

Early Music Career

  • D.A. Wallach's band sent demo CDs with confident notes to various people.
  • Kanye West's manager and Pharrell Williams' engineer contacted them within a week.
ANECDOTE

Meeting with Zuckerberg

  • D.A. Wallach connected Jimmy Iovine with Mark Zuckerberg, hoping to boost his band's visibility.
  • This meeting led to Wallach learning about Spotify and joining its early team.
INSIGHT

High Expectations

  • Spotify's early success set a high bar for D.A. Wallach's investment expectations.
  • He learned to recognize the "lightning in a bottle" feeling of truly successful ventures.
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