The Official Joe Budden Podcast Thread

JetFueledThoughts

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That is how it works. Equity is your ownership price of the company. The person with 51% has the final say on shyt

“is this your business in the contract” -Joe to Mal :huhldup:

Joe talking to these nikkas crazy


Lol you can have equity in a company and still not be involved in key decision making. Hypothetically if these two guys have 10% ownership stake each and the majority still belongs to Joe / Ian, it wouldn’t surprise me at all if they make decisions themselves without consulting all equity holding parties. Especially a business like this where it’s relatively unorganized and informal like a podcast.

I’m not sayin these guys have equity or not I dunno their situation. I’m just saying you speaking too assuredly when we’ve already established you never had equity in anything.
 

CrimsonTider

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Lol you can have equity in a company and still not be involved in key decision making. Hypothetically if these two guys have 10% ownership stake each and the majority still belongs to Joe / Ian, it wouldn’t surprise me at all if they make decisions themselves without consulting all equity holding parties. Especially a business like this where it’s relatively unorganized and informal like a podcast.

I’m not sayin these guys have equity or not I dunno their situation. I’m just saying you speaking too assuredly when we’ve already established you never had equity in anything.
I thought someone posted a social media response from Rory where he said they all had equal equity pieces maybe I’m wrong.

if they all had 33% then if Mal thought the pod shouldn’t go on until they hashed it out then it couldn’t go on
 

Fani Willis fan

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If I had equity in the show I'd walk at this point. As long as checks still coming in I'm good but having a nikka shyt on you publicly like this :hhh:
RM are waiting it out till touring opens back up, that money trumps whatever equity they have
 

JetFueledThoughts

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I thought someone posted a social media response from Rory where he said they all had equal equity pieces maybe I’m wrong.

if they all had 33% then if Mal thought the pod shouldn’t go on until they hashed it out then it couldn’t go on

I don’t know much, but I know for sure that those three don’t share 33% equity each.

Joe definitely has the 50+1 in this you can tell by how decisions have been made, and If anything this pod today showed me that Mal and Rory’s situations in this are probably different.

I assumed they both had small equity stakes, but some shyt Mal said made me think rorys situation is prob different than his, which would make sense since Mal joined later.
 

ReggieFlare

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Man this isn't gonna work. Mal is ignorant. He doesn't see why production couldn't stop? He says he doesn't care about money then why does he care about the business? He's stubborn and small minded.

I'm still finishing this up but my understanding is that all of them discussed taking a break from the pod. If they all agreed on that and Joe went ahead just decided to replace them without even giving them a heads up, it's a very shady thing to do to a "friend".
 
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