[earbitscom]

(EDIT: Inversion founder here)

You're right that you cannot apply the tech VC model - without significant modifications that honor the differences between artists and entrepreneurs. But you're wrong about them not needing studio management services. We work with artists who are earning, in some cases, hundreds of thousands of dollars. They deal with contracts, invoicing, exhibition logistics, insurance claims, hiring service providers like photographers, and much more. All of those things require management that distracts them from creating artwork. If an artist can spend 20 hours making a work of art that would sell for $20,000 (aka, they earn $1k per hour), it is an absolute waste of time for them to spend 4 hours per week on these tasks. That's over 200 hours a year, and a theoretical $200k loss in creative output.

60% of the artists we work with already have gallery representation, and 40% have already been in the NY Times.

[user_named]

Artwork is irrelevant. They can spend 5 minutes per month creating work. What's important is pr, branding, networking.