Music labels typically take between 80% to 85% of the revenue generated by an artist. Some labels are considered 'good' because they only take 50%.

#music #musicbusiness #business #CosoMusic #indie #musicians

Indie band Cheekface is being interviewed on Twitch by Anthony Fantano - interesting note is that once they started making money, then labels starting contacting them and wanted 50% of the take if they signed. Their point: why would we sign with a label to make LESS money than now?

https://www.twitch.tv/theneedledrop

#CosoMusic #business

A Crypto Hedge Fund created a fake CEO, got endorsed by celebrities such as Steve Wozniak and the promptly lost (stole) $1.3B.

The kicker? Several publications and forums had been saying he was a fake - with evidence - the entire time and no one could find a record he existed...and yet people still gave money to the hedge fund.

https://arstechnica.com/tech-policy/2024/01/crypto-hedge-fund-ceo-may-not-exist-probe-finds-no-record-of-identity/

#tech #scam #crypto #business

I'm always amazed at how bad so many large companies' sales teams are. You can literally be a company with over $1B in revenue, and be actively trying to get a quote to purchase their product and they barely return emails or phone calls. I've experienced this multiple times over the past couple of decades. Lazy sales teams who you are trying to write a check to can't be bothered.

#business #startup

I Hate My Job, What Next?

A practical primer on how to make a move to independence:

https://www.atomicrepublic.com/article/6--I-Hate-My-Job,-What-Next

#MentalHealth #business #dev #tech #founder