Where Are Young Art Collectors and Museum Donors?

Financing skewed towards high-end. Looking at recent data from Crunchbase and CB Insights, roughly three fourths of the investment goes toward the higher-end marketplaces and startups, targeting the affluent 1stdibs, affordable craft arts with Arts.com (extinct).

In the next decade we will see a new generation of investing brands fight to become the primary brokerage for Millennials and GenZ. Why? Robinhood’s success awakened the investment mindset amongst Millennials/GenZ, and it’s not just equities. It’s trading cards, fine wine, vacation homes, streetwear, and other lifestyle assets turned investments.

It’s interesting to think about how new generational consumer behaviors translate into new businesses. We’re seeing a slew of startups building better solutions to the housing crisis, the climate crisis, the education crisis. But there are also less obvious impacts from consumer behavior: