The Official Joe Budden Podcast Thread

JetFueledThoughts

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This is where we fundamentally disagree


Ahhhh so you can respond to this post but not to the one where I asked you what you’ve owned or built :sas2: after you said I piggyback off others :sas2:

Wild that you can call me ‘lazy’ and ‘a worker’ but when I brought up the multiple companies I’ve owned equity in and have taken to exit (you don’t know what that means), and asked what you’ve owned you got quiet.

So you gonna share w/ the class what it is that you’re sittin on, mr. big entrepreneur? Please don’t tell me it’s your own graphic design business cause that Avi you made for yourself looks like shyt :russ:
 

threattonature

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Another question about Patreon

Bad Faith is creating a podcast | Patreon

This pod has 7300 patrons and earns $32k per month, fine.

But that averages out to $4 per patron when their minimum membership is $5. How come that is?
Patreon takes a cut so I'm wondering if that 32K is after their cut. Also that article showing the top owners doesn't have the Andrew Schultz podcast so I wonder if they were just highlighting some of their top earners and not THE top earners. Unless Schultz is lying about his subscriber numbers.
 

OfTheCross

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Keeping my overhead low, and my understand high
That should just tell us that the barrier to entry to turn a ‘listener’ into a ‘subscriber’ is higher than we thought. People who assume that half or even 25% of the listeners are going to subscribe to Patreon are nuts


Edit: Also telling that they’d advertise that top Patreons make up to 200k per year. That’s less than I thought it would be
Not "up to", more than.

The #1 Patreon makes $170K a month.

So, +$2 million a year
 

xCivicx

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If he said, "you two have to be back in 2 weeks" and they came back in 6, then yeah, Joe as the boss has every employer right to fire them. But he didn't give a return date. He let them be. He kept the door open indefinitely.

So this whole "they bounced arbitrarily and didn't bother showing up for 6 weeks" is bullshyt really.
Nope

Rory threatened to fight him MULTIPLE times on the pod so joe told him to take a couple days off

Mal NO CALL NO SHOWED FOR THE ENTIRE TIME THAT RORY WAS NOT ON THE POD and then kept ducking Joe(who was asking for them to meet up and discuss why he had been absent at work) until he needed a check

Mal should have been fired on the spot for one and rory should have been fired the first time he threatened joe on camera
 

CrimsonTider

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Will be interesting to watch. Maybe they don't say much since this is going to court but they can clarify a lot of stuff without legal risk.

Joe is a sociopath. He's a liar. He sat there and compared this to being accused of cheating, as if he hasn't cheated on all of his women. But like I said, Parks and everyone else (except Rory and Mal) still being down makes me wonder if those two bums are simply idiots. Maybe the other guys simply said "as long as I'm getting what was offered I'm good. The accounting gimmicks have nothing to do with me." Or maybe Rory and Mal are bullshytting.

I’m assuming Parks and the others make a flat fee per episode because Parks claimed he didn’t have a contract, he probably just bills Joe for using his house and Engineering the pod. Same with Screenman and Savon... just paying for their services

now more than ever, I don’t believe Joe was telling the truth about those Spotify renegotiations

He claimed Spotify wanted piece of everything Mal and Rory was doing but why would Spotify ask for that if Rory and Mal weren’t under contract with Spotify.

What AK said makes sense, Spotify gave Joe a couple million dollars and said gives us 2 pods per week.
 

xCivicx

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he didn’t show them the books. He got a outside company to audit it. Rory didn’t want to take that company’s word. Joe budden is a client to that company, Rory wanted a outside company to do it
He showed them MORE than he was obligated to show them period
 

Clark Wayne

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I seriously doubt that you've been on plenty of those calls or have a sound understanding of the topic based on this response :francis:
Alright you got it fam. All I’m saying is if a company goes over their revenue, profit and expenses. If you say you don’t believe them, what’s the next course of action? :francis:

You are free to ask for some more details and they can say comeback with a lawyer.:manny:
 

xCivicx

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I watch too, breh. You're saying they don't bring topics, and that's false. Rory transitions between topics. They've had episodes without Screen Man since Rory and Mal went on strike, so I'm not sure what you're getting at.
And when screen man comes back they all immediately speak on his importance to the pod

Sorry but rory is being carried almost as hard as mal

Rory smugly making a statement isnt a transition either

And when screen man comes back they all immediately speak on his importance to the pod
 

Deltron

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Patreon takes a cut so I'm wondering if that 32K is after their cut. Also that article showing the top owners doesn't have the Andrew Schultz podcast so I wonder if they were just highlighting some of their top earners and not THE top earners. Unless Schultz is lying about his subscriber numbers.

you can go to the flag 2 patreon page and those numbers/sub counts are there

would take a lot of work to fudge patreon numbers, probably not worth it
 

Silky Johnson

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See. I get all that fam. What this stems from to me is that Rory doesn’t believe Joe.

It’s one thing for the CEO to have to answer the tough questions. It’s another thing if after they answer the question, the person that asked it says “they don’t believe them, let me see the books”.

That’s all I’m saying. The CEO isn’t going to let people look at the finer details of the accounting without a case for why they want to do so.

This isn't a thing in the real business world because you have a CFO,overseeing the comptroller and the finance department, quarterly reports and literally a ton of receipts. There are tons of account reconciliations, so any discrepancies between the payables and receivables are corrected long before it gets to that point. You only see these issues when when dealing with sloppy mom and pop entities doing funny money business.
 
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