Scott Lynn is the founder and CEO of Masterworks, an art investment company that gives people the opportunity to invest in art who might otherwise priced out of the art market.
In an interview with Business Insider, Lynn explains why Basquiat paintings are so expensive, gives tips for people looking to enter the art world, and breaks down how Masterworks actually works.
Masterworks has figured out a way to break down those barriers, and it sells artwork in shares, like stocks, making the art market a game anyone can play.
"I think we're getting really good adoption from everyone that's a very small investor to even larger investors, that have wanted to invest in art but haven't really been comfortable collecting by going into galleries and interacting with the art world," Lynn said.
Lynn took Business Insider inside Masterworks, while explaining just why Basquiat goes for so much.
Scott Lynn, Claude Monet, Andy Warhol, Jackson Pollock, Lynn, Jean, Michel Basquiat's, Basquiat, Michel Basquiat, Yusaku Maezawa, Jeffrey Deitch, Francis Bacon, Pablo Picasso
Masterworks, Business, New York Times