Along with "Venus in Furs" and "Heroin", "I'm Waiting for the Man" was recorded in May 1966 at TTG Studios while the band was staying in Hollywood.

"[8] He notes that it has been recorded by numerous artists, including "David Bowie and the Stooges [who] both cut fascinating takes on the song".

[9] The magazine noted: The Velvets mixed R&B rhythm-guitar workout, blues-piano stomp and dreamy art drone, as Reed deadpans a story about scoring $26 worth of heroin in Harlem.

He later recalled in a 2003 interview with Vanity Fair: "Amusingly, not only was I to cover a Velvets song before anyone else in the world, I actually did it before the album came out.

"[17] This version later appeared on the Riot Squad compilations The Last Chapter: Mods & Sods (2012) and The Toy Soldier EP.

Tony Visconti later told biographer Nicholas Pegg: "A very young David Bowie didn't yet know that 'the man' in Harlem parlance meant the drug dealer.

[22] A cover version of the song was also released by English duo Orchestral Manoeuvres in the Dark on their 1979 self-titled debut album.