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Will Art Dealers Become Like Venture Capitalists?

August 12, 2009 by Marion Maneker

Finance blogger Felix Salmon wraps up a curious fact about venture capitalists–they’ve been allowing start-ups to raise money at lower valuations that previous rounds (an unheard of practice)–into a question about the primary art market:

I don’t know how you’d even begin to do this kind of analysis for primary art-market prices, but it would be fascinating. Have art dealers finally capitulated and started cutting their list prices from boom-era levels? Or are they just offering much larger discounts these days?

It’s a good question.

How Art Dealers Are Like Venture Capitalists (Felix Salmon)

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Filed Under: Dealers

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