How does Dr Dre only own about 25% of Beats when it was built off his name?

Will Ross

Superstar
Bushed
Joined
May 5, 2012
Messages
24,714
Reputation
-6,053
Daps
59,390
my guess is dre didn't invest any capital or take any risk to get the company off the ground. 25% is quite a large share for someone who really didn't do much at all when it comes to creating a product.

They needed dre's name to sale the product.
 

beenz

Rap Guerilla
Joined
May 1, 2012
Messages
86,090
Reputation
11,681
Daps
201,465
Reppin
The Chi (South Side)
They needed dre's name to sale the product.

and he was handsomly rewarded by not having to really do jack shyt. I heard a nick cannon interview on howard stern from last month and he said that when beats first dropped, they were only selling them on the home shopping channel and jimmy iovine called nick to come on tv and try to sell the beats by dre (cuz he had a seperate deal for his headphones). he said that dre didn't even wanna do any promotion for the headphones, and they had to plead with him just to call into the show for a little while to sell the headphones.
 

Will Ross

Superstar
Bushed
Joined
May 5, 2012
Messages
24,714
Reputation
-6,053
Daps
59,390
and he was handsomly rewarded by not having to really do jack shyt. I heard a nick cannon interview on howard stern from last month and he said that when beats first dropped, they were only selling them on the home shopping channel and jimmy iovine called nick to come on tv and try to sell the beats by dre (cuz he had a seperate deal for his headphones). he said that dre didn't even wanna do any promotion for the headphones, and they had to plead with him just to call into the show for a little while to sell the headphones.

Dre got luck as hell because nobody got beats because of him. It because all the famous people was wearing them and the price. People seen them status symbols. I think apple brought them not for the head phones but for the streaming service the own.
 

KnickstapeCity

The Big Dikk King
Joined
Oct 11, 2013
Messages
34,878
Reputation
18,850
Daps
111,159
Reppin
New York
images


Andre to Sean :umad:
 
Joined
May 9, 2012
Messages
6,425
Reputation
-1,654
Daps
18,874
:dead: Y'all nikkas really think these celebs gettin' majority of the money just because their name is on the shyt

It don't work like that, pleighboi......and I hope ain't no dummy tryna make this into some race shyt

Didn't Hulk Hogan once complain that he passed over an offer to market the Foreman grill?

They just need a big name to help push them shyts....you LUCKY to get a 25% cut for that
 

fukkyalifestyle

Superstar
Joined
May 2, 2012
Messages
14,373
Reputation
1,933
Daps
30,327
Person in spot light is always just a mouth piece. Puff dont even own Sean John like that a rich white guy put him on. I bet you Slim really runs Cash Money and not Birdman. Like Barak isn't even the most powerful person in the U.S and he's the president.
 
Top