E1087: Democratizing art as an asset class with Masterworks CEO & Founder Scott Lynn

If you want to sign up for Masterworks use our code: masterworks.io/twist Disclaimer: bit.ly/3hCG2aD Follow Scott: twitter.com/scottlynn Follow Jason: linktr.ee/calacanis Thanks to our partners: LinkedIn (Get $50 off your first job post at linkedIn.com/twist) Republic (Republic Note, a profit-sharing security token which lets investors share upside of companies that raise on Republic, is now on sale to accredited investors at republic.co/note) Dell (Get up to 48% off at www.dell.com/twist). Show Notes: 0:00 Start 0:51 Jason intros Masterworks CEO Scott Lynn 3:54 Scott explains Masterworks & art as an asset class compared to startups 14:38 Globalization & COVID's impact on Masterworks investing volume 17:30 Alternative asset classes booming due to devaluation of the dollar, how long should you hold art shares & outside impact on art prices 23:24 Most valuable piece of art in the world & will there be a billion-dollar painting sale in the next 10 years? 28:14 Could the Louvre securitize the Mona Lisa and sell share in it? 33:24 Could Masterworks start an opportunity fund for young artists? Average investment on Masterworks 40:48 What are indicators that an artist's work will appreciate greatly in value? 45:23 Why do artists need galleries, could they just go direct? 48:51 How do institutional players in the art industry feel about Masterworks? What is the bottom for blue-chip art? 55:03 How does Masterworks educate new users to be savvy art investors? 1:00:19 Could Masterworks create an index fund of different styles of paintings? How do they scout potential acquisition targets?