Will this idea disrupt the record label model? Sherry Saeedi says that her company Verswire – “a venture capital model alternative for signing musicians” – is the future of music. We ask how and why.
Ep. 140: Joe is joined by Sherry Saeedi, founder & CEO of Verswire. Sherry says that Verswire is a new alternative to record labels – or “a venture capital model alternative for signing musicians” as she puts it. We ask her why she believes it is “the future of music” and Sherry talks with the passion and language of a tech founder. She thinks that the Verswire model of investing in artists in a similar way to how startups are funded will have a major disruptive effect on the long-standing record label model. Verswire is now signing bands, has pulled in $12.3M in seed and series A investment, and is opening a publishing arm in partnership with Kobalt – so we ask her to explain how it is disruptive. LINKS: Verswire Website Verswire Instagram Sherry Saeedi's Instagram Blink 182 – Enema of the State: https://youtube.com/playlist?list=OLAK5uy_ku1eCIHSQXftkjdy1pDCmCHYLyHza-agY&si=px29N2GpY1YDO-cb Rob Thomas - Someday: https://www.youtube.com/watch?v=H6pODq8_FxE Drill bits: https://www.guinnessworldrecords.com/world-records/609662-most-times-to-insert-a-power-drill-bit-into-the-nose-in-30-seconds ------ 👉 FREE Amazon Music for Artists courses & certification: https://learn.musically.com/courses/amazon-music-for-artists/ 👋 The Knowledge, Music Ally’s free weekly newsletter: musically.lnk.to/knowledgepo 🎉 You may be eligible for a FREE Music Ally subscription, worth £399/year, via our corporate and sponsored subscriptions. If you work for a DSP, a major label, an indie label, or if you’re an artist manager, an employee of a CMO or a publisher, check here to see if you’re eligible: musically.com/subscription-options Ⓜ️ Subscribe to Music Ally's industry-leading analysis, reporting and news: musically.com/subscribe Instagram: https://www.instagram.com/musicallybiz Twitter: https://twitter.com/musically Facebook: https://www.facebook.com/musicallyfb --- Send in a voice message: https://podcasters.spotify.com/pod/show/musically/message