Part 1: Why Hybrid Events are the Future and What That Means for Venture Investors

  1. the entertainment industry (e.g. labels, promoters, agencies), worth billions and largely dependent on live events and ticketing revenue, will be scrambling to permanently hedge against this scenario repeating in the future; and
  2. these same entities will realize that their events are no longer constrained to a physical location or venue — artists in Los Angeles, CA can now reach fans in Seoul, South Korea (i.e. expanding their potential audience and revenues by orders of magnitude).
  1. Invest in end-to-end streaming solutions
  2. Invest in platforms
  3. Invest in infrastructure
  • Next-gen broadcasting and production infrastructure that enables flexibility for interactive engagement. Production is admittedly hard to scale, and replacing the broadcast middleware is a massive problem to solve. Companies I like here include Kiswe, Easylive, and vMix.
  • Kiswe and Easylive, in particular, have an interesting approach: they’re seeking to become the cloud infrastructure and livestream production partner for broadcasters by replacing the middleware layer and tailoring content to digital audiences. In my opinion, this focus on cloud-based broadcasting makes them an acquisition target for someone like Zoom.
  • Multi-stream broadcasting and OBS stack replacements. Interesting companies here include: Restream, Socialive, Dacast.
  • Restream in particular offers an interesting multi-stream solution that helps users stream online broadcasts across any platform simultaneously. Socialive is more focused on the corporate side of interactive media and acts as a back-end partner for platforms like Hopin and RuntheWorld, but they’re resolving a similar pain point.
  • I expect several more players to enter this space and offer multi-streaming or platform consolidation solutions given the wave of entrants on the consumer-facing side.

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Venture investor. Chicago native, LA native, Mexico City native. Former Dalus Capital, former BMW iVentures, current Morpheus Ventures. Booth MBA, Vandy BA.

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Patrick Harmon Lopez

Patrick Harmon Lopez

Venture investor. Chicago native, LA native, Mexico City native. Former Dalus Capital, former BMW iVentures, current Morpheus Ventures. Booth MBA, Vandy BA.

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