Ticketmaster Is a Mafia, Serena Williams is killing the Investing Game

The conversation covers the topic of dynamic pricing in the ticketing industry, specifically focusing on Ticketmaster and its monopoly-like practices. It explores how Ticketmaster, owned by Live Nation, controls a significant portion of the ticketing market and uses exclusive contracts and pricing strategies to maximize profits. The hosts discuss the negative impact on consumers, the lack of innovation in the industry, and the challenges faced by artists. They also touch on the issue of hate comments on social media and share strategies for dealing with them. The conversation concludes with a discussion on content creation and the challenges of building a following on platforms like TikTok. Serena Williams is a major angel investor, with a hit rate of 14 out of 60 investments turning into unicorns. She has also raised $110 million for a traditional VC fund, with 80% of the founders in her portfolio being underrepresented. Serena's success shows that athletes can have a significant impact as investors and supporters of other founders. The conversation then shifts to Paul Graham's article on founder mode, which challenges the traditional advice of hiring good managers and delegating. The article argues that founders should be more hands-on and involved in the day-to-day operations of their companies. Chapters 00:00 Introduction and Discussion on Oasis Concert 02:26 Ticketmaster's Control over Venues and Exclusive Contracts 06:23 The Challenges Faced by Artists in the Ticketing Industry 09:21 Strategies for Managing Social Media and Taking Breaks 11:15 Content Creation on TikTok and Finding Balance 16:12 Serena Williams: Angel Investor 24:09 Founder Mode: Hands-On Approach 31:00 The Importance of Personal Involvement Support the showJoin our Patreon for early content, extra-long episodes and ad-free content: https://www.patreon.com/techishWatch us on YouTube: https://www.youtube.com/@techishpod/Advertise on Techish: https://goo.gl/forms/MY0F79gkRG6Jp8dJ2————————————————————Stay in touch with the hashtag #Techishhttps://www.instagram.com/techishpod/https://www.instagram.com/abadesi/https://www.instagram.com/michaelberhane_/ Email us at [email protected]