Last week Philly rapper Meek Mill announced he was seeking a $5 million investment for a book, music, and movie project [click here if you missed that].
Has Meek been blackballed after failing to come up with the cash...
6 comments:
Anonymous
said...
Your close association with Diddy is what nailed your career. Diddy still has connections in the industry and has people scared to do any business with you, dude. Better do like French Montana and find a woman who has old money.
Investors are risk adverse. Everything is down. Belts are tightened. So let's talk about why this investment wouldnt be good for ANYONE.
You can't recoup 5M when you have a lot of hands in your pockets to get THEIR first money out. The numbers and recoup deal points must not be TOO LIGHT and not STRATEGIC enough. Your tour margins must be thin as hell or not on the table. And what you’re asking for probably doesn't include participating other streams of revenue needed to bring in dough, like 100% of your Merch or recoup through previous album streams sales, and other licensing or sponsorship income, and private engagements and appearances. If your following, past sales, and tour numbers added up and your expenses show at least a 40% margin this would be a no brainer. An investor wants to make their money back + 25-30% before maybe 18 months passes and the material is essentially juiced of any major momentum..
Its like bro, who's short film or music video is selling albums anymore? You're better off paying to pump that sh*t on tiktok. That dated approach is probably a total turn off for anyone with the dough.
Your distro partner should front the dough, period. They're not cos its not worth it.
6 comments:
Your close association with Diddy is what nailed your career. Diddy still has connections in the industry and has people scared to do any business with you, dude. Better do like French Montana and find a woman who has old money.
Investors are risk adverse. Everything is down. Belts are tightened. So let's talk about why this investment wouldnt be good for ANYONE.
You can't recoup 5M when you have a lot of hands in your pockets to get THEIR first money out. The numbers and recoup deal points must not be TOO LIGHT and not STRATEGIC enough. Your tour margins must be thin as hell or not on the table. And what you’re asking for probably doesn't include participating other streams of revenue needed to bring in dough, like 100% of your Merch or recoup through previous album streams sales, and other licensing or sponsorship income, and private engagements and appearances. If your following, past sales, and tour numbers added up and your expenses show at least a 40% margin this would be a no brainer. An investor wants to make their money back + 25-30% before maybe 18 months passes and the material is essentially juiced of any major momentum..
Its like bro, who's short film or music video is selling albums anymore? You're better off paying to pump that sh*t on tiktok. That dated approach is probably a total turn off for anyone with the dough.
Your distro partner should front the dough, period. They're not cos its not worth it.
He's still kickin it with Jay-z and Robert Kraft, they aren't interested....says so much!
Hang it up Meek Cheeks.
Who TF Cares?!?F--K Dis Broke Ninja!
Jimmy Kimmel's show was just Suspended Indefinitely! This is a Real Problem!
Poor Meek. His career needs a life supporter. LOLO
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