Auctions typically are an opportunity for you to be able to acquire what you're looking for at a lower price; typically, the auctioneer sets the opening price at much lower than the retail price and certain interest develops and as more people come in it drives the price up.
We're big believers that people can learn to collect through the eyes of great collectors.
I just love the idea of being able to have a place where friends and family can meet, where you can raise everything from chickens to llamas, and, you know, have an artist residency.
We want as best as possible to encourage emerging talent and galleries by their inclusion on Paddle8. Our exhibitions help bring interesting new works on the platform. We have to be agnostic in that respect and the galleries themselves have complete carte blanche as far as what they include on the site.
If you're trying to learn how to collect art, the key is getting access to insider opinions, and we pride ourselves on working with the most relevant artists and the collectors with the most authoritative voices.
In Europe, there is a lower instance of startups because there's a permanent fear of failure. Everyone fears failure because it is this permanent black mark against your name, whereas in the U.S., failure seems to be par for the course.
I think when you're collecting, the best advice is just 'see see see see.' The more you get used to the nuances of the art world and what people are doing and whose opinion matters, the more you can tune your own collection and know that these are works that do count; these are artists that will be of relevance tomorrow.