Friendly Foil Posted November 11, 2015 Share Posted November 11, 2015 Remember, you only once yolo. Link to comment Share on other sites More sharing options...
colunga Posted November 11, 2015 Share Posted November 11, 2015 I would be open to this. depending on the amount. $500-$1,000 (depending on my situation-which rite now is okay enuf) YES $1,000+ - NO 1k+ is really just too big of a chunk for me to invest liek that at this point Link to comment Share on other sites More sharing options...
Guest Chesney Posted November 11, 2015 Share Posted November 11, 2015 Only invest if you can handle saying goodbye to that amount of money and be ok with it. If he does pay you back what you gave him are you done with after that? Is it just a zero percent loan with no personal involvement essentially? Are you ok with that? as you are key to him succeeding in his work. If he makes it and makes loads of money would you feel hard done by because you helped him and you got nothing out of it. No investment, No Nod of kudos etc. It depends if you are going in to this as a friend or a with a business head. Investors would have a share in the brand and sometimes reduce the share once the initial money has been repaid but will be there until you write a new contract with buyout terms. If you're going in as a friend then you're a good friend and make sure your eyes are wide open. Link to comment Share on other sites More sharing options...
BCM Posted November 11, 2015 Share Posted November 11, 2015 do it, but only on the condition of you shouting "DJ USAGI!" at least 3 times on every track he does. you'll be trying to pour champagne into a glass underwater in no time. Link to comment Share on other sites More sharing options...
Guest cult fiction Posted November 11, 2015 Share Posted November 11, 2015 Have you heard some demos of this new stuff he's thinking about? Is it good? Regardless of how busy he is, seems he should be putting together some demos or rough ideas of these tracks, otherwise I wonder about his ability to actually pump them out while money is burning in the studio ya know? Link to comment Share on other sites More sharing options...
dr lopez Posted November 11, 2015 Share Posted November 11, 2015 BCM has good advice. lots of negative nancys in here. I say do it, as long as the contract is looked over by a legal person and seems legit. that needs to be legally water-tight, don't forget this is a risk for him too (to pay back your money) Think of it as positive artistic patronage. Do this ONLY if you believe in this guy and his music and his art. Just because you are old drinkin mates and listened to syro one time doesn't cut it for me. If you think of it as a get rich quick scheme, it isn't. You are supporting an artist you believe in and that is good karma. If you get a little extra money because of it, good on you for supporting him. I would also not just give him the money and sit back. I would give him the money and then spend some time promoting the shit out of him DJ Khaled style. This is an investment. People are idiots and buy into that shit regardless of artistic merit and quality. Link to comment Share on other sites More sharing options...
Guest Chesney Posted November 11, 2015 Share Posted November 11, 2015 I would also not just give him the money and sit back. I would give him the money and then spend some time promoting the shit out of him DJ Khaled style. This is an investment. People are idiots and buy into that shit regardless of artistic merit and quality. Give him money and do his work for him? I get what you're saying but this seems a sucker move. Link to comment Share on other sites More sharing options...
BCM Posted November 11, 2015 Share Posted November 11, 2015 yeah but "DJ USAGI!"... he's gonna be massive and i want in. can i invest in you please usagi? fuck this other guy. Link to comment Share on other sites More sharing options...
Guest Chesney Posted November 11, 2015 Share Posted November 11, 2015 ha, yeah, do it, DO IT! Link to comment Share on other sites More sharing options...
awepittance Posted November 11, 2015 Share Posted November 11, 2015 this guy is a friend. i read this twice in a row somehow inadvertently as 'this guy is a fraud' so my gut tells me its prob not a good idea Link to comment Share on other sites More sharing options...
Leon Sumbitches Posted November 11, 2015 Share Posted November 11, 2015 Just as long as you're prepared to have this happen to your cash dolla: Link to comment Share on other sites More sharing options...
KovalainenFanBoy Posted November 11, 2015 Share Posted November 11, 2015 Gimme a thousand. Anotha one. Anotha one. Link to comment Share on other sites More sharing options...
TubularCorporation Posted November 11, 2015 Share Posted November 11, 2015 Link to comment Share on other sites More sharing options...
may be rude Posted November 11, 2015 Share Posted November 11, 2015 if you can be ok with the money being gone and not coming back and have it be worth it to do the thing and it will be a good time, then that sounds cool Link to comment Share on other sites More sharing options...
Guest Atom Dowry Firth Posted November 11, 2015 Share Posted November 11, 2015 yeah but "DJ USAGI!"... he's gonna be massive and i want in. can i invest in you please usagi? fuck this other guy. Fuck yes, WATMM crowd funding DJ Usagi and EKT making sick beats we can manufacture the shit out of this and all be millionaires in a couple of years time and have hot tubs full of smart women Link to comment Share on other sites More sharing options...
BobDobalina Posted November 11, 2015 Share Posted November 11, 2015 Sweet Uggi, the only thing I can add at this stage that hasn't already been said is to consider whatever contract you enter into to be effectively worthless; essentially you'd just be lending this guy money in good faith. Say he fails to live up to his end of the terms and is unable or unwilling to pay you - what's your recourse? Do y'all have small claims courts there? Would you have the time and resources to go that route if it came to it? What you and I (and most people reading this) consider to be a large sum of money ain't shit when it comes to the courts and lawyers. Link to comment Share on other sites More sharing options...
Guest skibby Posted November 11, 2015 Share Posted November 11, 2015 best way to find out is to try it and find out. consider it a lesson. i suppose the money is going to renting the studio space then? why is he asking money from you? what are you buying in to really? equipment? real estate? babymaking? btw i did read the op, forgive me if i forgot it. Link to comment Share on other sites More sharing options...
usagi Posted November 12, 2015 Author Share Posted November 12, 2015 it sounds like you've already made your mind upThis. nope. I'm not moving on this yet. I'm just not hearing any worthwhile counterarguments other than WATMM's natural mistrust and risk-aversion. I fully understood what you were asking I did not assume the guy was a noob nor a crook However even established artists loose money on releases That is not to say don't do it I believe anyone can do anything if they put their mind to it and if they make a good plan Also if they consider their downside and take precautions on their downside minimizing their risk The thought I suggested is based on your question of investment risk It's common sense investing to consider your odds and if they are 50 50 that is a bad investment with too much risk Now if you try and make the odds better by minimizing the risk you can be less speculative about your return If you feel that his promise to pay it back is bond then why did you need reassurance ? I think its very noble of you to support the arts in this manner I am just saying to protect yourself be aware of your downside and try and hedge against it That is not a character judgement on your artist you are investing in an artist and project If you use the investment strategy of downside protection http://www.investopedia.com/terms/d/downside-protection.asp You can come up with whatever protective plan that makes sense to you I was just giving you an example fair enough, thank you. I am aware of how cutthroat the industry is and that many artists don't make anything, really. however I can't see a way to hedge this. how would you? seems like you just have to roll the dice if you want to play. some things do lessen the risk in this case, I mean if this were someone who hadn't released any albums on labels before or had never toured or done regular gigs before, then I'd definitely be saying no for the amount that's been asked. but this guy is more proven. does he have full details of sales figures of his previous work? you need to calculate your possible ROI. treat it like a normal business venture. ROI will be discussed. I would be open to this. depending on the amount. $500-$1,000 (depending on my situation-which rite now is okay enuf) YES $1,000+ - NO 1k+ is really just too big of a chunk for me to invest liek that at this point lol. no disrespect here but it's clear that not many of you have any experience with this. we're talking 3 singles, an album and a label deal and you're thinking of it in terms of whether it's less than or more than one g. come on, yo. I regret starting this thread. although it has been helpful hearing from a couple of people who have more experience/knowledge. Only invest if you can handle saying goodbye to that amount of money and be ok with it. If he does pay you back what you gave him are you done with after that? Is it just a zero percent loan with no personal involvement essentially? Are you ok with that? as you are key to him succeeding in his work. If he makes it and makes loads of money would you feel hard done by because you helped him and you got nothing out of it. No investment, No Nod of kudos etc. It depends if you are going in to this as a friend or a with a business head. Investors would have a share in the brand and sometimes reduce the share once the initial money has been repaid but will be there until you write a new contract with buyout terms. If you're going in as a friend then you're a good friend and make sure your eyes are wide open. sigh, read OP. but yes, the possibility that it might get big and then I'd have to cash out after 2 years is not ideal, and that is something that has already been flagged for discussion. a new contract with updated terms might be ideal, depending on the circumstances. I'm going in as a friend but not without business sense. or I'm trying to. do it, but only on the condition of you shouting "DJ USAGI!" at least 3 times on every track he does. you'll be trying to pour champagne into a glass underwater in no time. this will be in the contract if things proceed, as a make-or-break clause. Have you heard some demos of this new stuff he's thinking about? Is it good? Regardless of how busy he is, seems he should be putting together some demos or rough ideas of these tracks, otherwise I wonder about his ability to actually pump them out while money is burning in the studio ya know? yes, I've heard demos. that was the first thing we did. I've also heard his released work. BCM has good advice. lots of negative nancys in here. I say do it, as long as the contract is looked over by a legal person and seems legit. that needs to be legally water-tight, don't forget this is a risk for him too (to pay back your money) Think of it as positive artistic patronage. Do this ONLY if you believe in this guy and his music and his art. Just because you are old drinkin mates and listened to syro one time doesn't cut it for me. If you think of it as a get rich quick scheme, it isn't. You are supporting an artist you believe in and that is good karma. If you get a little extra money because of it, good on you for supporting him. I would also not just give him the money and sit back. I would give him the money and then spend some time promoting the shit out of him DJ Khaled style. This is an investment. People are idiots and buy into that shit regardless of artistic merit and quality. patronage is the primary motivation. however there is scope for more. and if I am indeed going to have a more active part in the project and not sit back (manager-type responsibilities) then I have to think about the business side of things too. for the amount I'm investing, which I have available now but which is definitely not something I can just shake a stick at, the real question is whether or not there'll be enough on top of it by the end of the 2 years for it to be justified, as a business venture. that's ze rub. if it were just patronage, then fuck yeah, no problem. if I were older and settled and more secure, then I'd do this with a lot more ease of mind. Sweet Uggi, the only thing I can add at this stage that hasn't already been said is to consider whatever contract you enter into to be effectively worthless; essentially you'd just be lending this guy money in good faith. Say he fails to live up to his end of the terms and is unable or unwilling to pay you - what's your recourse? Do y'all have small claims courts there? Would you have the time and resources to go that route if it came to it? What you and I (and most people reading this) consider to be a large sum of money ain't shit when it comes to the courts and lawyers. yeah, we do have small claims court. but honestly, even accounting for our plebby incomes, I don't think this would be a matter for small claims, if it came to that. I would go to court if I have to. I feel what you're saying about the contract. if ultimately it is dependent on good faith regardless of what is signed/not signed, then really, there are few other people I know that I would put this faith in. of course that on its own is not a good basis to proceed, but yeah. the other factors kind of incline me to do this right now. best way to find out is to try it and find out. consider it a lesson. i suppose the money is going to renting the studio space then? why is he asking money from you? what are you buying in to really? equipment? real estate? babymaking? btw i did read the op, forgive me if i forgot it. he has studio space, shit is sorted. some of the money will probably go towards living expenses, that's part of the idea of giving the man breathing room from working/gigging all the time. and yes, I know you guys probably can't stomach that, but I'm closer to the situation and I'm not so antsy about it provided everything else works out. a spending plan is in the works, I'll be reviewing that soon. 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zlemflolia Posted November 12, 2015 Share Posted November 12, 2015 this guy is a friend. i read this twice in a row somehow inadvertently as 'this guy is a fraud' so my gut tells me its prob not a good idea lol I also read that quote as "this guy is a fraud." Link to comment Share on other sites More sharing options...
usagi Posted November 12, 2015 Author Share Posted November 12, 2015 hey dj usagi how are you choons going? got a soundclown account set up yet? can't wait 2 hear the bangers you and your mate make together! lol :cat: yeah I'm getting mad phonecalls from the CEO of Bleep and I'm like "for fucksake I'm tryna write these fuckin' choons man" Link to comment Share on other sites More sharing options...
BCM Posted November 12, 2015 Share Posted November 12, 2015 lol Link to comment Share on other sites More sharing options...
Phlexunger Posted November 12, 2015 Share Posted November 12, 2015 fair enough, thank you. I am aware of how cutthroat the industry is and that many artists don't make anything, really. however I can't see a way to hedge this. how would you? seems like you just have to roll the dice if you want to play.some things do lessen the risk in this case, I mean if this were someone who hadn't released any albums on labels before or had never toured or done regular gigs before, then I'd definitely be saying no for the amount that's been asked. but this guy is more proven. well if that is the case then you believe in the artist and his past history They say the key to wealth is giving more than receiving In this case you should do well because you are giving to this situation However a smart business move is protecting your downside I gave you an example but without knowing the situation specifics I can't come up with good suggestions However I will say this It's good investing practice to have double what you invest so for example if your investment is 2000 you should have 4000 that extra 2000 protects your possible loss I tried to give you an earning and or creating new money strategy rather than using money you have in your checking account create new money to invest to this so if you start to loose money you can think of it as "found" money rather than money you had As I said my specific suggestions will be useless to you but I am saying consider investment strategic planing even if this is music and the labor of love. Your not a industry scumbag for being smart with your money allocation It will be good business for you and your friend and help the longevity of the project Forget about the cut throat greater music industry all of us who make this music are somewhat outside of that anyway but that does not mean we have to plan on loosing money or failing. If you believe in your artist and you are willing to make this selfless contribution the law of giving actually says your ahead pair that with a protecting your downside and being on top of your growth and you should do fine I wish I had a friend like you for my music Bravo ! Link to comment Share on other sites More sharing options...
MadameChaos Posted November 12, 2015 Share Posted November 12, 2015 yeah but "DJ USAGI!"... he's gonna be massive and i want in. can i invest in you please usagi? fuck this other guy. Fuck yes, WATMM crowd funding DJ Usagi and EKT making sick beats we can manufacture the shit out of this and all be millionaires in a couple of years time and have hot tubs full of smart women holy crap why didn't i think of that! yes crowdfund the production! part of the package for backers can be a copy of the finished LP. if you can't find backers for the project to fulfill the budget, then it's surely a sign the business idea was a dud anyway. (for some reason i'm now imagining the female terminator in liquid form filling a bath with just her face visible) Link to comment Share on other sites More sharing options...
BobDobalina Posted November 13, 2015 Share Posted November 13, 2015 UU CAT001 - Ceephax feat. Big Cummy, Grace Jones & Master Pee - Urinary Traxxx ready Link to comment Share on other sites More sharing options...
sweepstakes Posted November 13, 2015 Share Posted November 13, 2015 Link to comment Share on other sites More sharing options...
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