(HYPEBOT) – At the height of the music tech boom, acceptance into the Bob Moczydlowsky-led accelerator TechStars Music was the most sought-after stamp of approval in music tech.
But symptomatic of an overall drop in investor interest in music tech as a category, the 2023 cohort will be TechStar Music’s last.
Plus, according to Moczydlowsky, the accelerator model is outdated.
“Even though the way we have been investing has been working, it has been held back by the constraints of an accelerator, which we feel is an outdated model,” Moczydlowsky, who had previously helped found Topspin, told Billboard. Read More...
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Currently, Netflix is not a proper (qualified) company expense. If a taxpayer can show that an expenditure was directly tied to the continuous operation of a business or trade, they may deduct entertainment expenses, according to the IRS. In addition to being closely connected to a good or service, the price must be reasonable and appropriate. Before deducting Netflix from your taxable income, you must be aware of the time and service usage limitations. Read More...
