Is Shyp Myscalculating on Fine Art?
Ask anyone who’s worked their way up from the bottom of the gallery industry, and they’ll tell you that coordinating fine art packing and shipping is notorious for both its cost and its hassle–especially when the arrangements involve the churning madness of a major art fair. So it makes perfect sense that, as the art and tech sectors continue to tentatively grope each other under a blanket, a Silicon Valley startup might recognize the market inefficiency and try to solve it in an innovative way.
Shyp is doing its damnedest to be that startup. The venture recently announced plans to expand to Miami from its original base in San Francisco and its second zone of influence in New York. And according to Miami.com, Shyp’s explicit strategy is to do so in time for this year's Art Basel Miami Beach, the glitziest and most commercially orgiastic of the US art fairs–not to mention one of the most globally prominent, period.
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