The idea itself sounds completely horrendous from every angle.
The business model for pretty much every music-related startup sounds horrendous from every angle. Mostly due to the ridiculous fees and constraints imposed by the labels and partly due to relatively high infrastructure costs.
Most of the products in the space operate on the premise of reaching "exit velocity" as fast as they can. The goal is to either get bought by an established player, or to make ends meet on the razor things margins by the virtue of mass market scale (which in turn gives you leverage to negotiate slightly less ridiculous deals with the labels. slightly.).
The business model for pretty much every music-related startup sounds horrendous from every angle. Mostly due to the ridiculous fees and constraints imposed by the labels and partly due to relatively high infrastructure costs.
Most of the products in the space operate on the premise of reaching "exit velocity" as fast as they can. The goal is to either get bought by an established player, or to make ends meet on the razor things margins by the virtue of mass market scale (which in turn gives you leverage to negotiate slightly less ridiculous deals with the labels. slightly.).