TIDAL lost $44 million in 2016.... Almost out of money & 6 months left...

Started by XXX., December 13, 2017, 05:03:13 PM

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b7

Isn?t it like 26 dollars a month? Imagine a certain demographic like college students paying that :kii: fucking please

Nine


RatherBe

Quote from: 1RIG on December 13, 2017, 05:12:45 PM
Isn?t it like 26 dollars a month? Imagine a certain demographic like college students paying that :kii: fucking please
ummm no. lol



Young

Quote from: 1RIG on December 13, 2017, 05:11:46 PM
Quote from: Young on December 13, 2017, 05:05:45 PM
The way Tidal is about to skyrocket into something amazing has me shook
fgghhhhhhhjj the things you Stan for be going THROUGH

Sbdbdbdbddbbddbdbfbfbffbfbfffffff I hate u

This curse over everything I see and touch  :dead:


XXX.

Quote from: Bulldagger on December 13, 2017, 05:10:57 PM
This is why they took a loan for their mortgage. lol. How is Jay Z going to educate me about business when he's a failed business man that is solely still relevant because of his wife, whose popularity is dying?

Do you know anything about finances?

Just because you're rich, it's not smart to always purchase everything flat out.  That's money management rule #1. 

Learn something.



https://billionorbust.co/52-million-mortgage-might-smart-move-jay-bey/

QuoteI work with lots of ultra high net worth individuals (in finance) and I can promise you? Promise you they aren?t paying anywhere near 4% on that mortgage. Due to what i?m sure is a very complex investment relationship with their bank they?re probably getting the mortgage at 2 1/2%. MAX. It?s good business to leave that money in the market and I?m sure the bank is appreciative as well.
I love seeing people start from the bottom and make such successes of themselves.

http://variety.com/2017/dirt/real-estalker/jay-z-beyonce-bel-air-compound-1202538487/#article-comments

Basically, you don't know shit!

LOONA.

Quote from: XXX. on December 13, 2017, 05:19:21 PM
Quote from: Bulldagger on December 13, 2017, 05:10:57 PM
This is why they took a loan for their mortgage. lol. How is Jay Z going to educate me about business when he's a failed business man that is solely still relevant because of his wife, whose popularity is dying?

Do you know anything about finances?

Just because you're rich, it's not smart to always purchase everything flat out.  That's money management rule #1. 

Learn something.



https://billionorbust.co/52-million-mortgage-might-smart-move-jay-bey/

QuoteI work with lots of ultra high net worth individuals (in finance) and I can promise you? Promise you they aren?t paying anywhere near 4% on that mortgage. Due to what i?m sure is a very complex investment relationship with their bank they?re probably getting the mortgage at 2 1/2%. MAX. It?s good business to leave that money in the market and I?m sure the bank is appreciative as well.
I love seeing people start from the bottom and make such successes of themselves.

http://variety.com/2017/dirt/real-estalker/jay-z-beyonce-bel-air-compound-1202538487/#article-comments

Basically, you don't know shit!


Young



LOONA.

Took out loans!

As if that means anything other then they have amazing credit.  :dead:     


Nine


RatherBe

Quote from: Andrais. on December 13, 2017, 05:22:17 PM
Quote from: XXX. on December 13, 2017, 05:19:21 PM
Quote from: Bulldagger on December 13, 2017, 05:10:57 PM
This is why they took a loan for their mortgage. lol. How is Jay Z going to educate me about business when he's a failed business man that is solely still relevant because of his wife, whose popularity is dying?

Do you know anything about finances?

Just because you're rich, it's not smart to always purchase everything flat out.  That's money management rule #1. 

Learn something.



https://billionorbust.co/52-million-mortgage-might-smart-move-jay-bey/

QuoteI work with lots of ultra high net worth individuals (in finance) and I can promise you? Promise you they aren?t paying anywhere near 4% on that mortgage. Due to what i?m sure is a very complex investment relationship with their bank they?re probably getting the mortgage at 2 1/2%. MAX. It?s good business to leave that money in the market and I?m sure the bank is appreciative as well.
I love seeing people start from the bottom and make such successes of themselves.

http://variety.com/2017/dirt/real-estalker/jay-z-beyonce-bel-air-compound-1202538487/#article-comments

Basically, you don't know shit!



XXX.

TIDAL was a bad investment.  Period.  They've had 4 CEO changes in like 2 years.  Apple and Spotify have been doing shit behind the scenes to make SURE Jay can't have a seat at the table.  He's alluded to this on 4:44 AND in his Rap Radar interview over the summer.

He thought he could come in swinging with that awful rollout making it seem like rich and A-List celebs needed more money (which he has now admitted was a horrible idea), and this whole thing has just really blown up in his face.  Especially the "exclusive" war he started with certain artists not giving their music to this or that streaming service.

He has done a great job by slowly getting out of it, though.  SPRINT has purchased 33% of the company.  And Mercedes will have TIDAL in all of its vehicles starting 2018 as a free streaming service for the driver.

So, he's not stupid by any means.  Every investment isn't going to turn a huge profit.  It's a gamble.  That's business.

RatherBe

Quote from: Nine on December 13, 2017, 05:23:42 PM
What is this now? 4 threads Bull is being dragged in?


litterally from thread to thread. will it ever end?



yummy

Quote from: XXX. on December 13, 2017, 05:06:36 PM
Is this why he looks 60 and like a homeless person these days?

KI.

We don't know if it's true, but I'm sure he's begging Beyonce to drop an album soon.  Wouldn't even be surprised if the joint drops.

I thought Jay sold his portion of the company.

Bulldagger

Quote from: XXX. on December 13, 2017, 05:19:21 PM
Quote from: Bulldagger on December 13, 2017, 05:10:57 PM
This is why they took a loan for their mortgage. lol. How is Jay Z going to educate me about business when he's a failed business man that is solely still relevant because of his wife, whose popularity is dying?

Do you know anything about finances?

Just because you're rich, it's not smart to always purchase everything flat out.  That's money management rule #1. 

Learn something.



https://billionorbust.co/52-million-mortgage-might-smart-move-jay-bey/

QuoteI work with lots of ultra high net worth individuals (in finance) and I can promise you? Promise you they aren?t paying anywhere near 4% on that mortgage. Due to what i?m sure is a very complex investment relationship with their bank they?re probably getting the mortgage at 2 1/2%. MAX. It?s good business to leave that money in the market and I?m sure the bank is appreciative as well.
I love seeing people start from the bottom and make such successes of themselves.

http://variety.com/2017/dirt/real-estalker/jay-z-beyonce-bel-air-compound-1202538487/#article-comments

Basically, you don't know shit!

They don't have the money....
why take out a loan for things you can clearly afford? Do they plan to default at some point? Sounds like they're living above their means...

Why are they just now buying a house anyway? posers....

Young