Smart or Selling Out?

[The Iconoclast]

I think the answer is circumstantial.

The internal struggle of individualism vs. collectivism isn't just the plight of every black american - it's an american problem and it's a microcosm of how our capitalist society struggles with balancing it's fundamental strengths vs. weaknesses.

Moreover, the daily internal struggle of deciding between being a collectivist vs individualist impacts us (blacks) as a collective more than others, because other social groups are afforded a wide margin of error and are permitted to be more selfish - without it negatively impacting their communities.

So obviously our communities would be better off by adhering to a more collectivist mindset but that's easier said than done. Especially when circumstance & opportunity is taken into account; it's irrational to expect one to completely subscribe to a collectivist mindset when making business decisions.

 

[deadeye]

WELL...

U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....

BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...

what may seem like a quick dollar maybe be a profitable pill for a migraine.

we dont know whats goi9ng on behind the scenes

True.

Bloomberg News did a segment a few weeks ago about how all of these streaming companies'.....Spotify, Pandora, etc.......stock value has plummeted over the past year or so.

Jay's probably starting to realize that it's not as big of a business opportunity as he originally thought.

 

[damobb2deep]

So nobody thinks it was a bad move to sell BET?

I dont... at the end of the day because you sell your company don't mean you are "less black" fubu got sold and guess what dude still black...

people have to seperate racism and classism...

the same niggas who would bytch about selling bet... don't know how close bill Cosby was to buying nbc... a WAY bigger company...

or don't understand that the rights to the Beatles is owned by Michael Jackson's estate now..

it's all about money and making smart business moves..

 

[damobb2deep]

Jay always does that.

Pretty much his M.O.

Probably a smart move on his part, because he usually sells companies right before they're about to tank.

Just look what happened after he sold Rocawear.

and his share of the nets...

 

[TheGOAT]

 

[damobb2deep]

Objectively I think Jay should hold on to it and not sell. It'll be worth a lot more. He literally has a monopoly over urban media and Samsung sees that and wants that. He can sell them a stake and use their infrastructure so Samsung can promote on there but Jay doesn't really need cash at this point. I wouldn't sell.

It also depends on what Samsung is offering. If they offer $500 million that's nearly 10x Jay's original investment. Given Tidal's current number of subscribers, and size I suspect the numbers are in the low to mid 9 figure range. I think Google would make a great long term investor as no one else has the type of channels and range they do.

Jay already has a relationship with Samsung... he promoted the last galaxy...imo Samsung is trying to do what apple (their biggest competition) is doing on the music tip... if you get exclusive artists and songs for your products only people will soon have to choose sides...

"hey I mess with beyonce... Rhianna jay-z... t.i ect... and I get to have exclusive music from them straight to my galaxy?" I'm down..

"hey I fucks with drake ect. and I can get exclusive music straight to my iphone?" I'm down..

it's like Hulu and Netflix with their exclusive shows... same type of concept..

 

[Dupac]

So nobody thinks it was a bad move to sell BET?

"fubu got sold and guess what dude still black...

p

if i'm not mistaken that dude daymond john is a monster though... he's exceptionally good at starting successful businesses.....

he might have sold fubu but it slowed him down none.....he took that money continued to make great businesses after business every step of the way.....he's not just passing down a company, he's passing down a wealth of knowledge and information as well....

at some point you gotta understand what jay was saying "i'm not a businessman, I'M a business...man!!"

 

[not_osirus_jenkins]

Selling out. How can you support a man that says buy black, then turns around and sells that shit to non blacks? Cuz in 3 yrs he gonna say buy black again, why would you?

 

[optimistic]

Selling out. How can you support a man that says buy black, then turns around and sells that shit to non blacks? Cuz in 3 yrs he gonna say buy black again, why would you?

But niggas been saying they don't fuck with tidal. Why not cash out while the money is right? It's not like tidal being owned by Samsung is gonna affect one black person adversely. How many niggas calling Jay a sellout, were calling Dre a genius? What's the difference?

 

[cannonspike1994]

A businessman is going to do what is in HIS best interest to do, all that "buy black," shit is a marketing scheme just like "Made in the USA" was.

The individual is in it for himself and his family, non people who do not have a stake in his business or success.

Over and over again y'all keep being shown the most important thing in the US is the money. People start businesses with all kinds of great socially conscious ideals but they sell out because its in their best interest to do so.

Its not just "buy black" either its all these various "organic" fruit juices, all these "healthy alternatives" its all just clever marketing, in the end you dangle enough money out there nobody else matters.

Thats the nature of the beast.

Capitalism is all about individualism.

 

[jono]

A businessman is going to do what is in HIS best interest to do, all that "buy black," shit is a marketing scheme just like "Made in the USA" was.

The individual is in it for himself and his family, non people who do not have a stake in his business or success.

Over and over again y'all keep being shown the most important thing in the US is the money. People start businesses with all kinds of great socially conscious ideals but they sell out because its in their best interest to do so.

Its not just "buy black" either its all these various "organic" fruit juices, all these "healthy alternatives" its all just clever marketing, in the end you dangle enough money out there nobody else matters.

Thats the nature of the beast.

Capitalism is all about individualism.

Yes it is. Its not something lost on me.

 

[damobb2deep]

Selling out. How can you support a man that says buy black, then turns around and sells that shit to non blacks? Cuz in 3 yrs he gonna say buy black again, why would you?

But niggas been saying they don't fuck with tidal. Why not cash out while the money is right? It's not like tidal being owned by Samsung is gonna affect one black person adversely. How many niggas calling Jay a sellout, were calling Dre a genius? What's the difference?

if a black person keeps saying "buy black" then they sell the company and you stop supporting it... actually that would help that black person in other business ventures....

 

[Already Home_17]

Selling out. How can you support a man that says buy black, then turns around and sells that shit to non blacks? Cuz in 3 yrs he gonna say buy black again, why would you?

But niggas been saying they don't fuck with tidal. Why not cash out while the money is right? It's not like tidal being owned by Samsung is gonna affect one black person adversely. How many niggas calling Jay a sellout, were calling Dre a genius? What's the difference?

this

i have a feeling some of the niggas criticizing jay for thinking about selling tidal, probably never even supported that shit

the same niggas who were saying "exclusive content? torrents ftw. fuck tidal"

the same niggas that laugh at the idea of buying music they enjoy

 

[the dukester]

Keep the business so you can pass along to your seeds.

#GenerationalWealth

 

[damobb2deep]

Keep the business so you can pass along to your seeds.

#GenerationalWealth

or you can buy something and then sell before it tanks so you can buy/ start another company and pass that money AND knowledge to your seeds...

 

[Shizlansky]

Y'all thinking on a small level. Tidal ain't no mom and pop shop in the black community.

This is big business. And the only color that matter is green.

 

[CEOFABRIC]

Jay-z never owned Tidal he was an investor and the face. So all that support Black business shit was just for marketing.. Invest, build the brand, sell the business..

 

[kzzl]

Only reason I would sell is if I was fucking it up. And I'd still prefer to put it in black hands. Besides, too create something I fought so hard for and just give it away? I'd rather rock that shit till the wheels fall off and my feet go numb. Long as I'm comfortable and stable I'll pass on the offer. I ain't gotta be a multi-millionaire.

 

[WGTOW]

Smart.

Jay is not going to get much more out of this company. He needs to sell, so he can gain a profit. Anyone, who knows anything about business knows when you stop seeing growth you sell. Its time for him sell.

 

[Peace_79]

Well the concept of THAT black owned business...

is fucking horrible ... given the landscape of the marketplace.

That probably factors into the decision.