Hardware Podcasts

How I Built Resilience: Ethan Diamond of Bandcamp

How I Built This · 8 Apr 2021 · 31m

What this episode covers

Ethan Diamond, CEO and co-founder of Bandcamp, explains how the company evolved from a white-label solution for independent artists into a profitable, mission-driven marketplace that prioritizes artist welfare over growth-at-all-costs. Diamond details the launch of Bandcamp Friday, a monthly event where the company waives its revenue share to support artists, and the rapid development of a live streaming feature in response to pandemic shutdowns. The episode highlights Bandcamp's alignment of business incentives with artist success, noting that 82% of revenue goes directly to creators, and discusses the company's resistance to acquisition to maintain this ethical model.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
Bandcamp, MySpace, Etsy, Spotify, Live Nation, Ticketmaster, U.S. Bank

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