930 Forums

=> GENERAL DISCUSSION => Topic started by: Starsky on June 16, 2021, 07:34:51 pm

Title: Would you buy shares in your favorite musician?
Post by: Starsky on June 16, 2021, 07:34:51 pm
Interesting idea…I read a jazz history by the guy who wrote this


https://tedgioia.substack.com/p/would-you-buy-shares-in-your-favorite
Title: Re: Would you buy shares in your favorite musician?
Post by: Julian, Hyperpop SLUTFUCK on June 16, 2021, 07:37:19 pm
I feel like this is not that different from the convo we just a while back about the value of an artists back catalogue over time.
Title: Re: Would you buy shares in your favorite musician?
Post by: Insanity-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on June 16, 2021, 07:47:43 pm
I would, but if my artists picks are anything like my ticket skills, I’m gonna loose my shirt
Title: Re: Would you buy shares in your favorite musician?
Post by: Starsky on June 16, 2021, 07:51:04 pm
I feel like this is not that different from the convo we just a while back about the value of an artists back catalogue over time.

It’s definitely related…the catalog would be a driver of an artist share’s price…but there would be other drivers
Title: Re: Would you buy shares in your favorite musician?
Post by: Starsky on June 16, 2021, 07:53:13 pm
I would, but if my artists picks are anything like my ticket skills, I’m gonna loose my shirt

No this would be more like your stock market skills

Imagine buying Adele stock on the ground floor when she did her show at the 930 for her first album…that kind of thing…I think
Title: Re: Would you buy shares in your favorite musician?
Post by: Insanity-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on June 16, 2021, 08:32:16 pm
I think it’s a great idea
I mean think about the value of Arlo parks in nov 2020
You will make a killing in Jan 2022 when she tops the best of lists

I think this could work with classic rock bands and one hit wonders


Unlike a limited edition double vinyl on orange wax, which feels like it has some value
 you could convert this to cash instantly
Title: Re: Would you buy shares in your favorite musician?
Post by: Insanity-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on June 16, 2021, 08:45:18 pm
 I have to be honest I didn’t read the article till just now

But the quote  is great

 “Hey, our firm got into Olivia Rodrigo in the first round, for ten cents a token—and we’re now issuing new tokens at two bucks.”