Sofar Sounds is a platform that organizes small musical concerts in various locations. Musicians, who rely mainly on live performances due to low album sales and streaming royalties, can perform in different cafes, lounges, and residential areas, providing a unique musical experience for the audience.
The founders of Crashlytics, Wayne and Jeff, are tackling revenue and expense tracking with their new venture. With a track record of successfully selling multiple companies, they are poised to create a product that solves a big problem for entrepreneurs.
Sofar Sounds is a platform for hosting small musical concerts in unique locations like cafes, lounges, and even personal homes; a sort of Airbnb for musicians.
The speaker argues that VR concerts are not solving a real problem since live music is growing and musicians are benefiting from touring and doing shows. Additionally, the idea of VR concerts is a "stupid game with a stupid prize".