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Summary

Building startups in entertainment-related industries, specifically in music, requires collaboration with the industry, understanding the game, nurturing resilience, and prioritizing strong relationships. The speaker emphasizes the challenges faced by founders in the music startup industry and advises understanding the whole system early on. They discuss the importance of perseverance and not giving up, as surviving is a growth strategy. The speaker also highlights the importance of creating a better online experience that captures the feeling of being at a live concert and advises entrepreneurs to focus on solving a problem and spending time with users to understand their needs. Additionally, they emphasize the interconnectedness of economic gratification, growth, and teams in achieving startup success.

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