From 1940 to the present, the art world and particularly Los Angeles, has undergone a transformation not unlike the Italian Renaissance.

Every day you run into artists on the streets in SoHo or other creative people you want to do something with. There's nothing to match that chance encounter.

From 1940 to the present, the art world and particularly Los Angeles, has undergone a transformation not unlike the Italian Renaissance.

We're in a post-conceptual era where it's really the artist's idea and vision that are prized rather than the ability to master the crafts that support the work. Today, our understanding of an artist is closer to a philosopher than to a craftsman.

Art dealing is when you're doing it as a business.

I didn't know how to run a business. I was a terrible gallerist, the worst in history, possibly.

One of the biggest things happening in the art world is this idea of expansion. No one embodies this aspect of what art is becoming better than James Franco.