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Grammy-Winning Chainsmokers Close First Venture Fund with $35 Million

Check out this article on the musical duo, the Chainsmokers, a profile on bandmates Alex Pall and Drew Taggart's new venture firm, Mantis. They were inspired by Jimmy Buffett to invest in businesses "both benefit, and capitalize off, his own fan base". Their investments include companies like Fiton (a fitness app), LoanSnap (a mortgage-lending startup), and cofounding YellowHeart (a ticketing platform made for performing artists).


https://techcrunch.com/2020/09/15/the-chainsmokers-just-closed-their-debut-venture-fund-mantis-with-35-million/?guccounter=1


Tell us what you think. How can music artists change the investment industry with their Fanbase?