Jay-Z is on some Uncle Tom sh*t

[Paul Hate.]

It's crazy how dame sold his share in rocawear for 30 mil and jay flipped it for over 100million plus a salary and position still with the company..lmao..Only two years later.

I always thought dame was the smarter business man but then again to me it's obvious he's getting blackballed.

 

[illedout]

Certified platinum.. first day out.. Jay Z a BOSS..

 

[xxCivicxx]

Certified platinum.. first day out.. Jay Z a BOSS..

That's because Samsung purchased 1 million copies of it at $5 each to give out for free through that busted app. The average rapper sells ~300k first week if they have a strong buzz. Let's say that Jay Z sold 500k first week(that's realistic, rappers don't go platinum out the gate anymore) @ $12 a cd. He basically made the same amount of money this way while completely bypassing the people/fans. It was a corporate power move. Now no matter what he can say that the album went platinum

 

[MarcusGarvey]

......Ask Him

Lol

He did it for the cash/stocks that became a part of his personal wealth. The fact of the matter is that a most middle class, upper middle class, and upper class white/nonblack families have their wealth tied up in assets/investments, because of how volatile paper currency/cash can be(inflation is basically an invisible tax on money)

I just think that Jay z could have just held onto the company and built it up as much as possible so as to try and reach the Versace level. Assets/investments are just a much more stable was to hold wealth, and he could have, like I said employed more blacks, pumped money back into the community through ppl with jobs spending money, etc. He would have made that $204 million he got from the sale over time anyway. Black people are too obsessed with cash because most don't know how flimsy the dollar is

most middle class people have their net worth in their home - as in their home is their largest asset. When your home isnt your largest asset you rich.

Werent their two russian owners with roca-wear as well?

But at least that's collateral. The average middle class white family is worth ~$100k while the average black middle class family is worth ~$5k. There's more than just the residential housing assets accounting for that difference. There are a lot of black people that live in and pay mortgages on large houses.

2 in 3 white households own their home, while the stat is less than half for blacks. that's a 25 percentage point difference. You're right stocks, bonds - investments plays a part as well.

Peep this as well:

Home ownership has been an important vehicle in creating a solid white middle class, but it has not done the same for most black homeowners, because blacks and whites buy homes in very different neighborhoods. Research shows that homes in majority black neighborhoods do not appreciate as much as homes in overwhelmingly white neighborhoods. This appreciation gap begins whenever a neighborhood is more than 10% black, and it increases right along with the percentage of black homeowners. Yet most blacks decide to live in majority minority neighborhoods, while most whites live in overwhelmingly white neighborhoods.

If you think this is class and not race, you are wrong. A 2001 Brookings Institution study showed that “wealthy minority neighborhoods had less home value per dollar of income than wealthy white neighborhoods.” The same study concluded that “poor white neighborhoods had more home value per income than poor minority neighborhoods.” The Brookings study was based on a comparison of home values to homeowner incomes in the nation’s 100 largest metropolitan areas, and it found that even when homeowners had similar incomes, black-owned homes were valued at 18% less than white-owned homes. The 100 metropolitan areas were home to 58% of all whites and 63% of all blacks in the country.
http://www.forbes.com/sites/forbesl...me-ownership-keeps-blacks-poorer-than-whites/

 

[soul rattler]

Certified platinum.. first day out.. Jay Z a BOSS..

That's because Samsung purchased 1 million copies of it at $5 each to give out for free through that busted app. The average rapper sells ~300k first week if they have a strong buzz. Let's say that Jay Z sold 500k first week(that's realistic, rappers don't go platinum out the gate anymore) @ $12 a cd. He basically made the same amount of money this way while completely bypassing the people/fans. It was a corporate power move. Now no matter what he can say that the album went platinum

And this a problem because? Stop bitching.

 

[Batman.]

People didn't buy that... Samsung did.

 

[aneed123]

yall this aint the same as other rappers going plat thru fans buying albums cuz they wanna hear it.... Samsung bought it then gave it away to folk who had their phone.... So I guess technically the phone went plat lol

 

[aneed123]

People didn't buy that... Samsung did.

I didn't buy my tires separate, they came with the car. Am I meant to apologise to Michelin for not paying them directly? No, because it's an included product with the purchase of the car. By that logic am I meant to buy a car piece by piece or else my car isn't a real purchase? Come on.

bad analogy... if ur car came with a free complimentary Jay cd that u didnt buy it smakes no sense to front like u spent $10 on that cd cuz u wanted it... It was a gift for u buying ur car.....

 

[xxCivicxx]

Certified platinum.. first day out.. Jay Z a BOSS..

That's because Samsung purchased 1 million copies of it at $5 each to give out for free through that busted app. The average rapper sells ~300k first week if they have a strong buzz. Let's say that Jay Z sold 500k first week(that's realistic, rappers don't go platinum out the gate anymore) @ $12 a cd. He basically made the same amount of money this way while completely bypassing the people/fans. It was a corporate power move. Now no matter what he can say that the album went platinum

He'd have been lucky to see 2 dollars per unit back in 1996. If he made 5 bucks per unit selling them to Samsung, even adjusting for the current market and economy he's probably seeing more profit per unit clean not having to suffer the production and distribution chain. Go check any inflation adjustment calculator.

$2.00 in 1996 had the same buying power as $2.99 in 2013.

$5.00 in 2013 had the same buying power as $3.34 in 1996.

So even adjusting for the market he's making more now than he did then. Guaranteed sales, guaranteed profit, guaranteed market. He might make less fans or keep less old ones but fans don't pay your bills.

Ok so you're agreeing with me that Jay is a money hungry Uncle Tom. What was the point of this post?

I swear, niggas in here think that they're so intelligent when it comes to this hip hop/business shit, yet the nerdy white kids over at reddit are putting a lot of you to shame with their critical thinking skills. Another post that I just randomly happened across
http://www.reddit.com/r/Music/comments/1hxm7x/throughout_magna_carta_the_43yearold_pretends_hes/

 

[xxCivicxx]

People didn't buy that... Samsung did.

I didn't buy my tires separate, they came with the car. Am I meant to apologise to Michelin for not paying them directly? No, because it's an included product with the purchase of the car. By that logic am I meant to buy a car piece by piece or else my car isn't a real purchase? Come on.

NIgga...Idk what point you were trying to get across with this post but I don't think you succeeded. Everyone who downloaded the app did it because it came with a free cd. That doesn't necessarily mean that they would have went out and bought the cd themselves(and if previous sales are any indication then they would not have) if the app and cd were not available. He sold it them to Samsung to guarantee the purchases

 

[Lebong James]

blame yeezus

 

[xxCivicxx]

I think you're thinking too small. Uncle Tom, sell out, money hungry... this man, even when broke, was talking about wanting to sell a million records and live lavish. At what point did you mistake that for "I'm a humble dude, I'm going to give all my money away and be a broke ass hermit"? Get a hearing aid.

Also, I'm sorry, but who out of us isn't money hungry except those monks living on rice in monasteries with only two robes? We live in a Westernised capitalist world, not communist Russia. You learn and you earn or you choke and you end up broke. That's business.

As for money hungry, realise that black and Hispanic people remain the most impoverished Americans. Some people are working less than minimum wage just to keep a job, you really think they'd rather cop a hot new album than eat that week? You think Jay is selling lots of units in Somalia? No, people prioritise accordingly and starved to death people don't cop albums.

You go where the money is and aside from some pro sports players, actors and agents there is not a fuck ton of money in the black community right now. What's he meant to do, trade albums for Ramen Noodles or coupons?

I don't even know what the point of this post was. Most people lie somewhere on a spectrum between uncle tom and militantly afrocentric. I'm saying that Jay Z is on the far, Uncle Tom side of the spectrum. Your post is essentially agreeing with me

People didn't buy that... Samsung did.

I didn't buy my tires separate, they came with the car. Am I meant to apologise to Michelin for not paying them directly? No, because it's an included product with the purchase of the car. By that logic am I meant to buy a car piece by piece or else my car isn't a real purchase? Come on.

NIgga...Idk what point you were trying to get across with this post but I don't think you succeeded. Everyone who downloaded the app did it because it came with a free cd. That doesn't necessarily mean that they would have went out and bought the cd themselves(and if previous sales are any indication then they would not have) if the app and cd were not available. He sold it them to Samsung to guarantee the purchases

Did they have to download and sign up to the app? No. That's optional. You sign up for the app, it's not just instant access. Just like me buying Pirellis rather than running on Michelins until they wear out. It's optional what I do, but just like apps only run on smart phones, wheels run on tires. Optional.

Just like people can sign up to the app or not and go cop the hard copy release. OPTIONAL.

I know what point I'm making, I just think you're too blunted to get it.

I think I understand the point that you're trying to make, I think that you aren't explaining it well tho because that's a pretty bad analogy. Jay Z has rarely sold above 500k first week on any of his projects, even back when he was still mostly a rapper. This album would not have sold 1 million if Samsung didn't prebuy those copies. Where do you find issue in those statements?

 

[THIRDSUPREME]

Pretty good for a mooliano.... made me stop for a second.

 

[texasdaking88]

Cant believe i came back n this thread

 

[StoneColdMikey]

lol yall really be acting like Jay-z should be some type of savior for the lower class.

he already created a path for us to follow and do shit on our own, he has to give handouts too?

i dont even like jay-z but i respect his hustle cuz he showed me possibilities available for a broke kid from the projects by working hard and making smart moves, personally thats all i need, ill build my little business empire on my own.

as far as the european shit, the nigga is a dam near a billionare, thats a completely different lifestyle and different taste. he can fly a private jet to europe just as easy as i can drive my busted lil truck to the 7/11 on the corner. i admire graffiti i see on the streets im on, he admires the weird shit hes into in the weird places that he has the luxury to go to lol

 

[StoneColdMikey]

Y'all wrong because you callin him a coon for literally some of the the most arbitrary reasons..."Oh, he hasn't conquered a black owned market yet"..."Oh, he disrespected a nigga who disrespected him"..."Oh, he likes white people"..."Oh, he doesn't een get in trouble with the law"..."Oh, he and his wife got so much money, but we don't know how much they spend in the black community"..."Oh, he doesn't rap about black history"...

Like, do y'all see how that sounds?...By this logic, damn near the majority of black people with money in America are coons...Simply cause they don't constantly behave in a manner that benefits the masses...I've always hated the way the word coon gets thrown around on this site...Shit was funny in high school, but got damn...When he starts sellin niggas off to the white man, segregating himself from the black man, and choosing the white woman over his own, holla at me...Right now, he just a rich nigga spending his money the way he want to...

 

[StoneColdMikey]

Niggas expect hov to be God since his name hova. Him and Beyonce live a private life. Its a lot of shit they probably do for communities we don't know about. Cuz that's how they live it. Even if jay is not doing shit. IDC. Rappers shouldn't be having the samesocial rresponsibility as other people. But jay is far from a coon.IMO all he doing is tryna get more weathy isn't nothing wrong with that .

 

[MR.CJ]

Even Jason Whitlock is saying Jay is an Uncle Tom.
http://msn.foxsports.com/nba/story/jay-z-as-sports-agent-not-good-for-athletes-or-sports-070913

I'm staying out of this debate seeing as I'm latino lol

The irony

 

[StoneColdMikey]

No other music artist can change the rules of shit like jay did. And niggas still hating smh

 

[texasdaking88]

No other music artist can change the rules of shit like jay did. And niggas still hating smh

My nigga, there was dudes hating on him for being on Twitter.. i hate the word hating but thats just as blatant as it can get