Lynn: Masterworks raises over $6M–$7M monthly, growing 30%–40% month-over-month
Scott Lynn · Masterworks: SaaS Wealth Going Into Picasso Paintings, 20x Returns? · Jun 17, 2020 · at 6:29
Scott Lynn is the founder and CEO of Masterworks, an investment platform that fractionalizes high-end blue-chip art into public SEC-qualified securities.
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“We're raising an excess of six million dollars, seven million dollars a month in capital growing by more than 30, 40% a month.”
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More from Scott Lynn
Lynn: Majority of created art has outperformed the S&P 500
“At least for the majority of art created, it's outperformed the S&P.”
Lynn: Masterworks is first to fractionalize fine art ownership
“So we, so we're really the first company to fractalize ownership in great works of art.”
The global art asset class is worth $1.7 trillion
“The total size of the asset class is 1.7 trillion dollars.”
Lynn: 2019 Citi study proved art is uncorrelated with markets
“We did a research study with Citibank in, in, in 19 that concluded that it was also uncorrelated.”