The Velvet Underground

The Velvet Underground was an American rock band formed in New York City. First active from 1964 to 1973, its best-known members were Lou Reed and John Cale, who both went on to find success as solo artists. Although experiencing little commercial success while together, the band is often cited by many critics as one of the most important and influential groups of the 1960s. In a 1982 interview Brian Eno made the often repeated statement that while the first Velvet Underground album may have sold only 30,000 copies in its early years, "everyone who bought one of those 30,000 copies started a band."

source: Wikipedia