1 00:00:01,160 --> 00:00:04,680 Speaker 1: Wake you up. Wait that ass up programming your alarm. 2 00:00:04,720 --> 00:00:08,039 Speaker 2: The power one oh five point one on iHeartRadio Morning. 3 00:00:08,039 --> 00:00:11,600 Speaker 3: Everybody is DJ n V Jess Hilarious, Chelamagne the Guy. 4 00:00:11,680 --> 00:00:15,080 Speaker 3: We are the breakfast Club. Laurel Laurrela Roses here and 5 00:00:15,120 --> 00:00:18,079 Speaker 3: we got a special guest in the building. If Isaac 6 00:00:18,239 --> 00:00:19,919 Speaker 3: is the third, Good morning, brother. 7 00:00:20,480 --> 00:00:22,320 Speaker 1: What's up guys? How you doing good? 8 00:00:22,400 --> 00:00:24,160 Speaker 2: Look favorite you my brother? 9 00:00:24,800 --> 00:00:27,200 Speaker 1: I am excellent, I am highly favorite, blessed us. Well, 10 00:00:27,680 --> 00:00:28,200 Speaker 1: so what are. 11 00:00:28,080 --> 00:00:28,680 Speaker 2: We doing today? 12 00:00:28,680 --> 00:00:29,960 Speaker 1: Either what we're doing? What we're doing? 13 00:00:30,840 --> 00:00:32,800 Speaker 4: What do you mean when we're doing We're closing this 14 00:00:32,920 --> 00:00:36,440 Speaker 4: round for fan base. We're closing this equity crowd funk 15 00:00:36,440 --> 00:00:40,839 Speaker 4: for fan base. It closes today. I feel like this 16 00:00:40,880 --> 00:00:44,360 Speaker 4: is a great opportunity for everybody to give an investment 17 00:00:44,440 --> 00:00:47,040 Speaker 4: as a gift for people. You know, I've been here 18 00:00:47,080 --> 00:00:50,800 Speaker 4: before talked about importance of investing, but especially with social media. 19 00:00:51,920 --> 00:00:54,400 Speaker 4: I think we really need to galvanize right now at 20 00:00:54,440 --> 00:00:57,600 Speaker 4: this time because the world is shifting, and so I'm 21 00:00:57,600 --> 00:00:59,600 Speaker 4: telling everybody go to start engine dot com, slash fan 22 00:00:59,640 --> 00:01:02,600 Speaker 4: base and invest to own equity in the company. Three 23 00:01:02,680 --> 00:01:05,360 Speaker 4: ninety nine is the minimum investment, but it's a bigger 24 00:01:05,400 --> 00:01:07,920 Speaker 4: story than just investing in fan base. 25 00:01:08,080 --> 00:01:10,080 Speaker 2: So when people ask the question, they say, okay, you 26 00:01:10,080 --> 00:01:12,399 Speaker 2: know you raised You've raised millions of dollars for fan base. 27 00:01:12,680 --> 00:01:15,120 Speaker 2: You know, they may want to invest Walk us through, 28 00:01:15,280 --> 00:01:18,200 Speaker 2: line by line how that capital gets deployed. 29 00:01:19,240 --> 00:01:22,520 Speaker 1: So Number one, infrastructure. 30 00:01:22,680 --> 00:01:26,040 Speaker 4: So we just built a brand new algorithm, you know, 31 00:01:26,080 --> 00:01:29,959 Speaker 4: we spent almost half a year working on that. We 32 00:01:30,040 --> 00:01:34,040 Speaker 4: have some new key hires. All this capital gets deployed 33 00:01:34,080 --> 00:01:36,760 Speaker 4: in hiring better people, like really people that used to 34 00:01:36,800 --> 00:01:38,600 Speaker 4: work at Meta, that used to work at TikTok, they 35 00:01:38,680 --> 00:01:41,839 Speaker 4: used to work at Snapchat, and those salaries aren't cheap. 36 00:01:42,920 --> 00:01:46,200 Speaker 4: We also have to hire engineers to build what we're 37 00:01:46,200 --> 00:01:50,400 Speaker 4: building and develop those products, and it takes time. Honestly, 38 00:01:50,880 --> 00:01:53,560 Speaker 4: the amount of capital that I've raised over a five 39 00:01:53,640 --> 00:01:58,000 Speaker 4: year period. Some people get deployed five times that capital 40 00:01:58,560 --> 00:02:01,600 Speaker 4: in one year and they earn it all and they 41 00:02:01,640 --> 00:02:04,360 Speaker 4: go out of business. And so we've had to really stretch, 42 00:02:04,520 --> 00:02:05,840 Speaker 4: you know how they say, you know, I'm gonna say 43 00:02:05,880 --> 00:02:08,800 Speaker 4: you make the make the money stretch, make the food stretch. 44 00:02:09,200 --> 00:02:12,040 Speaker 4: We've had to really make this capital stretch with this company. 45 00:02:12,080 --> 00:02:17,399 Speaker 4: But it's a testament to our ability to spend wisely, 46 00:02:18,040 --> 00:02:22,040 Speaker 4: higher effectively and continue to build the best product. 47 00:02:22,280 --> 00:02:24,240 Speaker 2: Now, I agree with you because you know, we see 48 00:02:24,240 --> 00:02:27,240 Speaker 2: these tech companies they get you know, crazy donations all 49 00:02:27,240 --> 00:02:29,920 Speaker 2: the time, raised a lot of capital, a lot more 50 00:02:29,960 --> 00:02:31,640 Speaker 2: capital than you have. How much have you raised over 51 00:02:31,680 --> 00:02:33,359 Speaker 2: the last what five years? 52 00:02:33,400 --> 00:02:35,080 Speaker 1: Twenty twenty three million dollars? 53 00:02:35,120 --> 00:02:38,160 Speaker 2: Twenty three million dollars? Like, yeah, that's I mean, I'm 54 00:02:38,160 --> 00:02:40,240 Speaker 2: not gonna say that's nothing because it is something, right, 55 00:02:40,600 --> 00:02:44,680 Speaker 2: but compared to the other tech companies, you know, they 56 00:02:44,720 --> 00:02:46,520 Speaker 2: get a million dollars in a month. 57 00:02:47,320 --> 00:02:50,880 Speaker 4: Man, Listen, some of these Charlemagne, some of these companies 58 00:02:50,919 --> 00:02:53,280 Speaker 4: have raised like one hundred and fifty three million dollars 59 00:02:53,360 --> 00:02:56,160 Speaker 4: and have not built but one feature, and they're not 60 00:02:56,200 --> 00:02:59,320 Speaker 4: even around anymore. And that's because they blow the money. 61 00:02:59,360 --> 00:03:02,079 Speaker 4: It's really a it's really tough for black founders. People 62 00:03:02,080 --> 00:03:05,079 Speaker 4: don't understand, like black founders get less than half of 63 00:03:05,160 --> 00:03:07,600 Speaker 4: one percent of all capital rates. They don't want DEI 64 00:03:07,800 --> 00:03:10,320 Speaker 4: they're not trying to give us money, and especially someone 65 00:03:10,440 --> 00:03:15,400 Speaker 4: like myself that is disrupting the tech space in building 66 00:03:15,440 --> 00:03:17,919 Speaker 4: something that we can own. And then you know, black 67 00:03:17,960 --> 00:03:20,400 Speaker 4: people are on the side of ownership like you know, 68 00:03:20,160 --> 00:03:22,920 Speaker 4: we don't own nothing. I know, we talk about a 69 00:03:22,919 --> 00:03:26,040 Speaker 4: lot of this, you know, a lot about building generational 70 00:03:26,080 --> 00:03:28,600 Speaker 4: wealth and you know, those types of things, but we 71 00:03:28,639 --> 00:03:31,760 Speaker 4: don't own the sports teams, we don't own the record labels, 72 00:03:32,040 --> 00:03:34,440 Speaker 4: and we don't own you know, Hollywood, And we help 73 00:03:34,480 --> 00:03:36,839 Speaker 4: build up all of these infrastructures and we don't own them. 74 00:03:36,920 --> 00:03:39,280 Speaker 4: In social media, we help build up social media, and 75 00:03:39,320 --> 00:03:41,200 Speaker 4: they tell us the kids stay behind and they don't 76 00:03:41,200 --> 00:03:43,480 Speaker 4: want DEI and all that kind of stuff. And so 77 00:03:44,440 --> 00:03:46,840 Speaker 4: for me, this is a mission. This has been my mission, 78 00:03:46,880 --> 00:03:49,240 Speaker 4: will continue to be my purpose of my calling to 79 00:03:49,280 --> 00:03:51,520 Speaker 4: continue to build this company, allow us to finally have 80 00:03:51,600 --> 00:03:54,640 Speaker 4: the infrastructure of something that can be worth hundreds of 81 00:03:54,640 --> 00:03:56,680 Speaker 4: billions of dollars and pull us all up and give 82 00:03:56,760 --> 00:03:57,440 Speaker 4: us opportunity. 83 00:03:57,640 --> 00:03:59,720 Speaker 2: We do have to acknowledge the black people who do 84 00:03:59,800 --> 00:04:02,880 Speaker 2: own things, though I think I've heard you say that before. 85 00:04:02,920 --> 00:04:04,840 Speaker 2: But you know, I think, okay, you know the urban 86 00:04:04,880 --> 00:04:07,080 Speaker 2: ones of the world, you know, Kathy Hughes, you know 87 00:04:07,760 --> 00:04:11,440 Speaker 2: worldwide technology. You know like there's you know, you play 88 00:04:11,520 --> 00:04:13,640 Speaker 2: things like Uncle Nahris, Like there's a lot of things 89 00:04:13,680 --> 00:04:14,680 Speaker 2: that black people do own. 90 00:04:15,600 --> 00:04:17,880 Speaker 4: Yeah, but look what's happening. But it looks what happening 91 00:04:17,920 --> 00:04:19,240 Speaker 4: in a lot of these spaces. A lot of these 92 00:04:19,240 --> 00:04:22,680 Speaker 4: companies either don't get the capital that they need, they're 93 00:04:22,760 --> 00:04:26,640 Speaker 4: tried to, they're you know, handcuffed and what they're able 94 00:04:26,680 --> 00:04:28,920 Speaker 4: to do. And you really just name like three businesses 95 00:04:29,279 --> 00:04:31,040 Speaker 4: out of like you know, half a million. 96 00:04:31,120 --> 00:04:31,560 Speaker 1: Oh, I got it. 97 00:04:31,680 --> 00:04:33,960 Speaker 2: Yeah, I can keep going. I mean there's there's hundreds 98 00:04:33,960 --> 00:04:35,680 Speaker 2: of black owned businesses, and I'm just saying like we 99 00:04:35,920 --> 00:04:38,440 Speaker 2: I think sometimes we put that narrative out there, and 100 00:04:38,480 --> 00:04:40,520 Speaker 2: I think we got to be more specific, like black 101 00:04:40,560 --> 00:04:42,919 Speaker 2: people can own more in the tech space. For sure, 102 00:04:43,920 --> 00:04:44,800 Speaker 2: we do own things. 103 00:04:44,839 --> 00:04:48,720 Speaker 3: Yeah, But the biggest problem about it, Isaac and Charlamagne, 104 00:04:48,760 --> 00:04:52,600 Speaker 3: I feel is sometimes we talk to people like they 105 00:04:52,600 --> 00:04:55,320 Speaker 3: should know, right. A lot of these businesses that are 106 00:04:55,320 --> 00:04:58,200 Speaker 3: getting these millions and twenty million and fifty million and 107 00:04:58,279 --> 00:05:00,360 Speaker 3: raising one hundred and fifty million dollars are in vestors 108 00:05:00,360 --> 00:05:02,520 Speaker 3: that have the money and know why they're investing and 109 00:05:02,560 --> 00:05:05,359 Speaker 3: hopefully know where their money's going. But for like somebody 110 00:05:05,400 --> 00:05:07,160 Speaker 3: like you, Isaac, who you know, who's been on the 111 00:05:07,200 --> 00:05:11,520 Speaker 3: Breakfast Club but numerous times and asking for money for crowdfunding, 112 00:05:11,720 --> 00:05:14,000 Speaker 3: I think people want to know where that money is 113 00:05:14,040 --> 00:05:17,000 Speaker 3: going and why break it down on a level where 114 00:05:17,000 --> 00:05:20,200 Speaker 3: people will understand it and what's next for you based No, No, 115 00:05:20,400 --> 00:05:21,919 Speaker 3: the reason I'm asking and break it down for what 116 00:05:22,080 --> 00:05:25,320 Speaker 3: fan base is and how much money is needed to 117 00:05:25,360 --> 00:05:27,800 Speaker 3: make sure this gets to the place of a matter 118 00:05:27,960 --> 00:05:32,160 Speaker 3: or a Twitter or Facebook or you know, Instagram, because 119 00:05:32,200 --> 00:05:34,479 Speaker 3: you have to tell people like what's the overall goal 120 00:05:34,520 --> 00:05:37,240 Speaker 3: and what's needed this to fan base is self sufficient? 121 00:05:37,320 --> 00:05:39,599 Speaker 3: So we don't have that or will it always be 122 00:05:39,680 --> 00:05:41,400 Speaker 3: a thing like that for people that don't understand it, 123 00:05:41,440 --> 00:05:41,719 Speaker 3: don't know? 124 00:05:42,800 --> 00:05:47,240 Speaker 4: No, I think to explain how capital is deployed is 125 00:05:47,560 --> 00:05:51,160 Speaker 4: you know, it's kind of what I said earlier. Tech 126 00:05:51,160 --> 00:05:54,480 Speaker 4: companies are not social media platforms are not cheap, right, correct, 127 00:05:55,040 --> 00:05:57,840 Speaker 4: And so there's two things. It's how fast you can 128 00:05:57,880 --> 00:06:01,119 Speaker 4: build how well you can builds, you know what I'm saying. 129 00:06:01,160 --> 00:06:03,839 Speaker 4: And so if you don't have capital to build the 130 00:06:03,920 --> 00:06:07,680 Speaker 4: right product, then it's not gonna it's not gonna happen. 131 00:06:07,720 --> 00:06:11,160 Speaker 4: So we have salaries, we have infrastructure, we have all 132 00:06:11,200 --> 00:06:13,200 Speaker 4: the tech stack, you know, all the things that we do. 133 00:06:13,400 --> 00:06:15,080 Speaker 1: We employ about forty people. 134 00:06:15,720 --> 00:06:17,600 Speaker 4: We have a lot of C suite executives that are 135 00:06:17,600 --> 00:06:20,320 Speaker 4: that are working and all this stuff is built and 136 00:06:20,480 --> 00:06:23,800 Speaker 4: rolled into a company that is trying to fight the 137 00:06:23,880 --> 00:06:27,960 Speaker 4: fight against major tech operasion. Now to explain what fan 138 00:06:28,000 --> 00:06:31,000 Speaker 4: base is and understand why that it that it costs 139 00:06:31,040 --> 00:06:34,120 Speaker 4: what it costs. Fan base is basically social media through 140 00:06:34,160 --> 00:06:37,040 Speaker 4: the lens of black ownership. But the functionality is the same. 141 00:06:37,200 --> 00:06:37,400 Speaker 1: Right. 142 00:06:37,800 --> 00:06:39,800 Speaker 4: We do have posts, we have stories, we have live, 143 00:06:39,839 --> 00:06:41,440 Speaker 4: we have short form, we have long form, we have 144 00:06:41,560 --> 00:06:44,200 Speaker 4: audio chat, we have an algorithm, we have dms, we 145 00:06:44,240 --> 00:06:47,440 Speaker 4: have subscriptions, we have tipping. All of those parts are 146 00:06:47,480 --> 00:06:52,000 Speaker 4: put together in one platform, right, and integrate it so 147 00:06:52,040 --> 00:06:54,520 Speaker 4: that people can have the ability to monetize their content 148 00:06:54,839 --> 00:06:58,560 Speaker 4: from the moment that they sign up. Build community. And 149 00:06:58,640 --> 00:07:00,920 Speaker 4: when you think and when you compare like and I'll 150 00:07:00,920 --> 00:07:03,400 Speaker 4: tell anybody to do this, compare fan base to your 151 00:07:03,440 --> 00:07:05,839 Speaker 4: experience that you get on a TikTok or experience that 152 00:07:05,880 --> 00:07:08,360 Speaker 4: you get on the Instagram, and just grade us based 153 00:07:08,400 --> 00:07:12,080 Speaker 4: off that. But remember that those companies have thirty thousand 154 00:07:12,160 --> 00:07:15,280 Speaker 4: engineers and have you know, billions of dollars of capital 155 00:07:15,600 --> 00:07:18,440 Speaker 4: And here we are, you know, building up from the 156 00:07:18,440 --> 00:07:22,080 Speaker 4: ground up, from scratch with a small team, and we're 157 00:07:22,120 --> 00:07:24,520 Speaker 4: still here. And I think that's really the most important part. 158 00:07:25,120 --> 00:07:27,680 Speaker 4: And then the things that we're things that we're actually breaking. 159 00:07:27,720 --> 00:07:30,840 Speaker 4: We're actually breaking the opportunity for black people to get 160 00:07:30,840 --> 00:07:35,680 Speaker 4: into the microdrama space, for users to actually monetize their 161 00:07:36,080 --> 00:07:38,920 Speaker 4: data and have it trained by AI if they want to. 162 00:07:38,960 --> 00:07:42,920 Speaker 4: But on Instagram, TikTok, Facebook, they're training off your data 163 00:07:43,000 --> 00:07:45,080 Speaker 4: right now and not paying you anything. And so this 164 00:07:45,160 --> 00:07:47,440 Speaker 4: is a real challenge. But it's a lot of moving 165 00:07:47,480 --> 00:07:50,480 Speaker 4: pieces in parts that come together to make this machine run. 166 00:07:50,840 --> 00:07:53,160 Speaker 2: How many months of runway this fan base currently. 167 00:07:52,760 --> 00:07:56,760 Speaker 4: Have we have about eighteen months of runway, a little 168 00:07:56,760 --> 00:08:01,160 Speaker 4: bit longer than that. So you know that gives it 169 00:08:01,240 --> 00:08:03,680 Speaker 4: and you understand like even in that amount of time, 170 00:08:04,000 --> 00:08:07,680 Speaker 4: there's so much that you have to accomplish in that 171 00:08:07,880 --> 00:08:10,160 Speaker 4: in that period of time because you're always going to 172 00:08:10,200 --> 00:08:13,440 Speaker 4: be raising capital. I think the difference between what I 173 00:08:13,520 --> 00:08:15,560 Speaker 4: do and what everybody else is you publicly hear that 174 00:08:15,600 --> 00:08:18,600 Speaker 4: I'm raising all the time, but startups are raising all 175 00:08:18,640 --> 00:08:21,320 Speaker 4: the time fifty million, one hundred million, two hundred million, 176 00:08:21,320 --> 00:08:23,480 Speaker 4: three hundred million, but it usually comes from vcs and 177 00:08:23,520 --> 00:08:26,760 Speaker 4: private equity, and those deals aren't always made public. This 178 00:08:26,800 --> 00:08:29,360 Speaker 4: has made public because the people that are investing. Are 179 00:08:29,400 --> 00:08:31,920 Speaker 4: not the rich guys and the billionaires and the oligarchs, 180 00:08:31,960 --> 00:08:34,400 Speaker 4: because you it's means the people that we know that 181 00:08:34,400 --> 00:08:36,160 Speaker 4: are putting their money into the business. And so that's 182 00:08:36,160 --> 00:08:38,040 Speaker 4: why it's so public and you see everything all the time. 183 00:08:38,080 --> 00:08:39,840 Speaker 3: So when you say people are investing, so you say 184 00:08:39,840 --> 00:08:42,520 Speaker 3: the minimum investment is three ninety nine, So if somebody 185 00:08:42,520 --> 00:08:45,960 Speaker 3: invests at three ninety nine, what percentage are of the 186 00:08:46,200 --> 00:08:49,160 Speaker 3: company or how much of an investment are they getting? 187 00:08:49,200 --> 00:08:51,480 Speaker 3: What's the ROI on that for somebody who you know, 188 00:08:51,480 --> 00:08:53,200 Speaker 3: because it's tough out there. But so if somebody wants 189 00:08:53,200 --> 00:08:54,640 Speaker 3: to give three ninety nine, they want to know what 190 00:08:54,640 --> 00:08:55,280 Speaker 3: they getting back. 191 00:08:55,960 --> 00:09:00,559 Speaker 4: Yeah, So every investment that you make, especially in the 192 00:09:00,600 --> 00:09:03,160 Speaker 4: early stage company, you ride the life of the investment, correct, 193 00:09:03,200 --> 00:09:05,560 Speaker 4: So you're here from the beginning all the way till 194 00:09:05,600 --> 00:09:08,800 Speaker 4: we either ipo or somebody acquires the company. So you 195 00:09:08,840 --> 00:09:11,439 Speaker 4: see like like if Warner Brothers is about to get 196 00:09:11,440 --> 00:09:15,640 Speaker 4: acquired and that that's a different scenario. But when that 197 00:09:15,679 --> 00:09:18,640 Speaker 4: company is acquired, the shareholders in that company will all 198 00:09:18,640 --> 00:09:21,720 Speaker 4: be bought out right and then Netflix or whoever will 199 00:09:21,720 --> 00:09:24,600 Speaker 4: acquire that company. So when you do early stage investing 200 00:09:24,679 --> 00:09:27,320 Speaker 4: like that, in seed startups, that's what you get. And 201 00:09:27,400 --> 00:09:31,080 Speaker 4: so for three ninety nine, you're getting a small, small, 202 00:09:31,120 --> 00:09:32,239 Speaker 4: small piece. 203 00:09:31,960 --> 00:09:32,559 Speaker 1: Of the company. 204 00:09:32,640 --> 00:09:35,880 Speaker 4: But the upside of what I tell people is that 205 00:09:35,960 --> 00:09:38,680 Speaker 4: the value in which these tech companies get to is 206 00:09:38,679 --> 00:09:40,719 Speaker 4: where you see a return on your investment. So we're 207 00:09:40,760 --> 00:09:42,920 Speaker 4: valued at one hundred and sixty million dollars right now. 208 00:09:43,240 --> 00:09:45,120 Speaker 4: I want to put that in perspective of what Meta 209 00:09:45,160 --> 00:09:47,280 Speaker 4: is value. That Meta is a one point nine trillion 210 00:09:47,280 --> 00:09:51,680 Speaker 4: dollar company. So you think about one point six billion, 211 00:09:52,520 --> 00:09:56,000 Speaker 4: sixteen billion, one hundred and sixty billion, that's a thousand 212 00:09:56,120 --> 00:09:59,360 Speaker 4: x return. So someone that invests three ninety nine, even 213 00:09:59,360 --> 00:10:02,199 Speaker 4: if we get to something that is ten times less 214 00:10:02,280 --> 00:10:06,319 Speaker 4: valuable than Meta, five times less valuable than TikTok and Instagram, 215 00:10:06,440 --> 00:10:09,000 Speaker 4: that's still a thousand extra return on the type of 216 00:10:09,040 --> 00:10:11,480 Speaker 4: investment that you're putting in there. And that's the part 217 00:10:11,480 --> 00:10:13,600 Speaker 4: that people do't understand. When you invest in any business, 218 00:10:13,800 --> 00:10:16,720 Speaker 4: they tell you like, fifteen percent is an amazing return 219 00:10:16,760 --> 00:10:20,480 Speaker 4: on an investment. And I didn't raise capital this way 220 00:10:20,679 --> 00:10:23,280 Speaker 4: to give somebody fifteen percent back. I didn't want somebody 221 00:10:23,280 --> 00:10:25,800 Speaker 4: to put in four hundred dollars right and give four 222 00:10:25,880 --> 00:10:28,600 Speaker 4: hundred and forty dollars back. I'm not doing it for 223 00:10:28,640 --> 00:10:30,559 Speaker 4: that or four hundred and forty five dollars back. That's 224 00:10:30,600 --> 00:10:32,640 Speaker 4: not why I'm doing I'm investing in. I built a 225 00:10:32,679 --> 00:10:35,360 Speaker 4: tech company so that people could put four hundred dollars in, 226 00:10:35,400 --> 00:10:37,920 Speaker 4: two hundred and fifty dollars in, and together we build 227 00:10:37,920 --> 00:10:39,959 Speaker 4: something that could be worth hundreds of billions of dollars 228 00:10:40,320 --> 00:10:43,040 Speaker 4: that's still far below what other tech companies have, and 229 00:10:43,200 --> 00:10:47,400 Speaker 4: exit that company, and then at that time, you know, 230 00:10:47,400 --> 00:10:49,959 Speaker 4: we're distributing generational wealth to our people because it's tech. 231 00:10:50,160 --> 00:10:52,120 Speaker 4: The fastest way to grow wealth right now currently is 232 00:10:52,160 --> 00:10:54,320 Speaker 4: in the tech space, and you can't save your way 233 00:10:54,320 --> 00:10:56,640 Speaker 4: to wealth. You have to invest. We don't think a 234 00:10:56,640 --> 00:11:00,480 Speaker 4: lot about investing nowadays. We're not really thinking about, you know, 235 00:11:00,559 --> 00:11:02,920 Speaker 4: putting our money into things that we can see a 236 00:11:02,960 --> 00:11:06,040 Speaker 4: long return. They will tell us to go do prize 237 00:11:06,040 --> 00:11:08,640 Speaker 4: picks and gamble and play the lottery and go to 238 00:11:08,720 --> 00:11:11,079 Speaker 4: Vegas like that's all that. All of that is the 239 00:11:11,120 --> 00:11:13,240 Speaker 4: stuff that they push on people of color. No one 240 00:11:13,320 --> 00:11:16,000 Speaker 4: in these other rooms, people are getting together quietly and saying, hey, 241 00:11:16,280 --> 00:11:18,160 Speaker 4: put your money in this startup, put your money in 242 00:11:18,200 --> 00:11:20,880 Speaker 4: that startup. And they're not telling the average person to 243 00:11:20,920 --> 00:11:23,120 Speaker 4: do this kind of thing, because that's the lockout. They 244 00:11:23,160 --> 00:11:25,920 Speaker 4: want the access to the best deals. All the VCASON 245 00:11:26,000 --> 00:11:28,960 Speaker 4: investors want the access to the best opportunity to invest, 246 00:11:29,160 --> 00:11:32,040 Speaker 4: and so that's why this is important. This is breaking 247 00:11:32,440 --> 00:11:34,680 Speaker 4: a whole system down that a lot of people don't. 248 00:11:34,760 --> 00:11:38,520 Speaker 4: I've seen more people now use equity crowdfunding, especially people 249 00:11:38,559 --> 00:11:40,640 Speaker 4: of color since I started, and I was one of 250 00:11:40,640 --> 00:11:42,400 Speaker 4: the first people to really start doing is to have 251 00:11:42,480 --> 00:11:45,480 Speaker 4: major success at it. Now everybody does equity crowdfunding. I've 252 00:11:45,480 --> 00:11:48,439 Speaker 4: seen startups and I've introduced multiple people to equity crowdfunding 253 00:11:48,440 --> 00:11:51,840 Speaker 4: because it's a way to circumvent the racism, the discrimination, 254 00:11:51,920 --> 00:11:53,040 Speaker 4: and all the things that exist. 255 00:11:53,080 --> 00:11:54,560 Speaker 1: And so that's why it's important. 256 00:11:54,679 --> 00:11:59,520 Speaker 2: So when should investors reasonably expect the return and in 257 00:11:59,559 --> 00:12:00,120 Speaker 2: what form? 258 00:12:00,160 --> 00:12:03,120 Speaker 1: What that ROI look like? So that ROI would be 259 00:12:05,160 --> 00:12:05,959 Speaker 1: probably eight years. 260 00:12:06,000 --> 00:12:07,920 Speaker 4: I always say, like, you know, six to eight years 261 00:12:07,960 --> 00:12:10,439 Speaker 4: is when you invest right and you see a return 262 00:12:10,520 --> 00:12:13,520 Speaker 4: like Prime example again, like Uber had seed investment in 263 00:12:13,559 --> 00:12:16,240 Speaker 4: twenty ten and twenty nineteen, they went public, so it 264 00:12:16,240 --> 00:12:19,480 Speaker 4: took nine years, but the people that invested in that 265 00:12:19,600 --> 00:12:22,800 Speaker 4: nine year period saw five thousand x return. Right, on 266 00:12:22,880 --> 00:12:25,160 Speaker 4: those on that investment. And that's those are people that 267 00:12:25,240 --> 00:12:28,079 Speaker 4: put five thousand dollars in and so twenty four million 268 00:12:28,120 --> 00:12:28,840 Speaker 4: dollars come back. 269 00:12:28,920 --> 00:12:29,079 Speaker 1: Right. 270 00:12:29,360 --> 00:12:31,800 Speaker 4: And so any early stage company you would think between 271 00:12:32,200 --> 00:12:34,360 Speaker 4: you know, six to nine years, you would get a 272 00:12:34,400 --> 00:12:36,920 Speaker 4: return on your investment. And then how that happens is 273 00:12:36,920 --> 00:12:39,800 Speaker 4: through a liquidity event. And the liquidity event is somebody 274 00:12:39,840 --> 00:12:42,520 Speaker 4: either buys the company, like somebody says, okay, we're gonna 275 00:12:42,559 --> 00:12:45,240 Speaker 4: buy fan base at a higher evaluation than it was before, 276 00:12:45,400 --> 00:12:47,840 Speaker 4: or we go public, which is still selling the company. 277 00:12:47,880 --> 00:12:49,240 Speaker 4: And that's when you know, you ring the bell on 278 00:12:49,320 --> 00:12:51,600 Speaker 4: the stock market and everybody can sell their shares that 279 00:12:51,720 --> 00:12:54,000 Speaker 4: day or and that's what money comes in in people 280 00:12:54,600 --> 00:12:55,240 Speaker 4: and buy shares. 281 00:12:55,280 --> 00:12:56,120 Speaker 1: So so that's how it works. 282 00:12:56,559 --> 00:12:58,600 Speaker 2: Hold on now that you said five to six years, 283 00:12:58,600 --> 00:13:00,800 Speaker 2: so you know, people are gonna be looking like, wait 284 00:13:00,840 --> 00:13:04,080 Speaker 2: a minute, I put money in back in twenty nineteen, 285 00:13:04,160 --> 00:13:06,240 Speaker 2: twenty twenty, So you sure. 286 00:13:06,920 --> 00:13:08,880 Speaker 4: When we didn't raise didn't we didn't really raise capital. 287 00:13:08,920 --> 00:13:11,480 Speaker 4: We didn't close our first round till twenty twenty one. Okay, right, 288 00:13:11,960 --> 00:13:13,199 Speaker 4: so that's what I'm saying. We didn't close our first 289 00:13:13,240 --> 00:13:15,520 Speaker 4: round till twenty twenty one. And again, but again, and 290 00:13:15,559 --> 00:13:19,360 Speaker 4: also those are people that get like VC dollars Charlottgne. 291 00:13:19,360 --> 00:13:21,920 Speaker 4: That's what I'm saying, Like this is people don't understand 292 00:13:21,920 --> 00:13:25,120 Speaker 4: how incredibly hard this is. But I love it because 293 00:13:25,160 --> 00:13:27,599 Speaker 4: it's the It's the biggest challenge of my life and 294 00:13:28,200 --> 00:13:31,560 Speaker 4: we're being successful at it and will continue to be successful. 295 00:13:31,600 --> 00:13:34,280 Speaker 4: But man, like this is like, you know, this is, 296 00:13:34,320 --> 00:13:38,120 Speaker 4: this is, this is an amazing a journey and process 297 00:13:38,120 --> 00:13:38,320 Speaker 4: for me. 298 00:13:38,360 --> 00:13:39,040 Speaker 1: But yeah, this is. 299 00:13:39,920 --> 00:13:42,880 Speaker 3: It's also it's also teaching because we talk about generational 300 00:13:42,920 --> 00:13:45,160 Speaker 3: wealth and it talks about some of the times where 301 00:13:45,160 --> 00:13:47,640 Speaker 3: people don't understand because we've never been taught. It's not 302 00:13:47,679 --> 00:13:49,920 Speaker 3: like we've had millions and millions of dollars passed down 303 00:13:49,960 --> 00:13:53,480 Speaker 3: from generations like you know, other backgrounds have. So it's 304 00:13:53,600 --> 00:13:56,720 Speaker 3: also a teaching method, right, So you're teaching people what 305 00:13:56,760 --> 00:13:59,439 Speaker 3: it means to crowdsource and to get money and to 306 00:13:59,440 --> 00:14:01,280 Speaker 3: put money down and how much money you can get back. 307 00:14:01,280 --> 00:14:03,600 Speaker 3: So it's awesome matter of teaching. So answering the question 308 00:14:03,640 --> 00:14:06,280 Speaker 3: shouldn't be really a problem because you're teaching a generation 309 00:14:06,360 --> 00:14:06,960 Speaker 3: that might not know. 310 00:14:07,679 --> 00:14:07,760 Speaker 2: No. 311 00:14:07,920 --> 00:14:12,240 Speaker 4: Absolutely, That's why I consistently have you know, told other 312 00:14:12,280 --> 00:14:15,120 Speaker 4: people to actually invest, right, and I mean other people 313 00:14:15,160 --> 00:14:17,640 Speaker 4: to use equity crowdfunding. I've helped like five or six 314 00:14:17,679 --> 00:14:21,160 Speaker 4: other companies raised through equity crowdfunding and told them about 315 00:14:21,200 --> 00:14:24,040 Speaker 4: equity crowdfunding. And that's a really good thing because it's 316 00:14:24,080 --> 00:14:27,280 Speaker 4: an alternative to black people going to banks, an alternative 317 00:14:27,360 --> 00:14:29,840 Speaker 4: for black people trying to get loans and trying to 318 00:14:29,880 --> 00:14:32,440 Speaker 4: ask venture you know, go for venture dollars or angel investing, 319 00:14:32,440 --> 00:14:34,920 Speaker 4: where those deals can be predatory. A lot of what 320 00:14:35,040 --> 00:14:39,640 Speaker 4: I do is disruptive because of what I knew coming 321 00:14:39,640 --> 00:14:42,840 Speaker 4: from the music business, right, So I knew that I 322 00:14:42,880 --> 00:14:45,920 Speaker 4: had to create two classes of stock and made sure 323 00:14:45,920 --> 00:14:48,440 Speaker 4: that no one else has voting shares because that's when 324 00:14:48,440 --> 00:14:51,000 Speaker 4: people try to force you out of your company, right. 325 00:14:51,040 --> 00:14:54,760 Speaker 4: And I knew that the deals that you get from 326 00:14:54,760 --> 00:14:57,880 Speaker 4: angel investors are sometimes predatory. So somebody gives me two 327 00:14:57,960 --> 00:15:00,640 Speaker 4: hundred thousand dollars to invest in things base when I 328 00:15:00,680 --> 00:15:03,440 Speaker 4: first had the idea, they get twenty percent of the company, 329 00:15:03,640 --> 00:15:05,440 Speaker 4: and I put my own two hundred thousand dollars in it, 330 00:15:05,520 --> 00:15:08,160 Speaker 4: so I save that twenty percent. So those are the 331 00:15:08,160 --> 00:15:09,840 Speaker 4: things that most people don't know because a lot of 332 00:15:09,880 --> 00:15:12,280 Speaker 4: my friends that are founders got forced out of their companies, 333 00:15:12,680 --> 00:15:15,040 Speaker 4: they got taken advantage of, they got in bad deals 334 00:15:15,040 --> 00:15:17,720 Speaker 4: that don't allow them to raise capital from other people. 335 00:15:17,800 --> 00:15:20,240 Speaker 4: So it's real. It's a dirty game. It's not as 336 00:15:20,280 --> 00:15:22,640 Speaker 4: dirty as the music business. But for me, it's something 337 00:15:22,640 --> 00:15:24,640 Speaker 4: that I was very, very familiar with because I know, 338 00:15:25,120 --> 00:15:26,680 Speaker 4: you know a lot of founders just come in with 339 00:15:26,720 --> 00:15:29,000 Speaker 4: a great idea and then they get some guys in 340 00:15:29,040 --> 00:15:31,480 Speaker 4: they're like, yeah, here's half a million dollars, but I 341 00:15:31,520 --> 00:15:33,440 Speaker 4: want a board seat and XYZ and all that kind 342 00:15:33,440 --> 00:15:34,960 Speaker 4: of stuff. You get vote out of the company. As 343 00:15:35,600 --> 00:15:38,680 Speaker 4: Stacy Sparks, I don't know if you've ever seen movie Pass, 344 00:15:38,760 --> 00:15:41,200 Speaker 4: but the guys that invented movie Pass for two black guys, 345 00:15:41,400 --> 00:15:43,800 Speaker 4: they took in capital, they had board seats, they got 346 00:15:43,880 --> 00:15:45,800 Speaker 4: voted out of their own company. The guys ran up 347 00:15:45,840 --> 00:15:48,440 Speaker 4: a huge bill on movie Pass and destroyed the whole 348 00:15:48,440 --> 00:15:50,800 Speaker 4: companies and white dudes. And that's what I'm saying, is like, 349 00:15:50,880 --> 00:15:53,640 Speaker 4: that's what happens when when we try to build our businesses. 350 00:15:53,640 --> 00:15:55,920 Speaker 4: It's very very predatory. But it's gonna take it's gonna 351 00:15:55,920 --> 00:15:58,080 Speaker 4: be harder, and it's gonna take longer, but it's gonna 352 00:15:58,080 --> 00:16:00,000 Speaker 4: be well worth it because people can follow my book 353 00:16:00,200 --> 00:16:03,440 Speaker 4: print and do exactly what I did. And I'm paving 354 00:16:03,480 --> 00:16:05,280 Speaker 4: that way so that you know, you can own your company, 355 00:16:05,360 --> 00:16:07,520 Speaker 4: not get voted out, have as much equity as you 356 00:16:07,560 --> 00:16:09,880 Speaker 4: possibly can to give yourself more, the ability to raise 357 00:16:09,960 --> 00:16:12,000 Speaker 4: more capital. All that stuff is important. 358 00:16:12,280 --> 00:16:14,560 Speaker 5: It so you're because you're not doing it the VC way, right, 359 00:16:14,600 --> 00:16:17,080 Speaker 5: you have everyday people giving like smaller amounts of money 360 00:16:17,400 --> 00:16:19,160 Speaker 5: when you do scale, right, So after you hit that 361 00:16:19,240 --> 00:16:22,240 Speaker 5: profit margin and people, maybe some vcs or whatever come in, 362 00:16:22,600 --> 00:16:24,800 Speaker 5: how do you stay connected to the everyday people like 363 00:16:24,800 --> 00:16:26,440 Speaker 5: people that are listening to the Breakfast Club who might 364 00:16:26,440 --> 00:16:28,640 Speaker 5: not understand what it means when a company goes public 365 00:16:28,880 --> 00:16:31,240 Speaker 5: or when they're acquired, like anything that you plan to 366 00:16:31,280 --> 00:16:33,920 Speaker 5: do once you hit certain points of you know. 367 00:16:33,960 --> 00:16:37,280 Speaker 4: Return, well, you're connected. We're connected to our investors all 368 00:16:37,320 --> 00:16:39,720 Speaker 4: the time. We have, like you know, over twenty nine 369 00:16:39,720 --> 00:16:43,040 Speaker 4: thousand investors in fan Base. We have communications that are 370 00:16:43,120 --> 00:16:46,040 Speaker 4: updated all the time. We send our newsletters, we talk 371 00:16:46,080 --> 00:16:48,480 Speaker 4: on the app, we send out updates through the starting 372 00:16:48,520 --> 00:16:50,520 Speaker 4: your page where when you invest in fan Base, that's 373 00:16:50,520 --> 00:16:52,040 Speaker 4: where you can always find your shares. 374 00:16:52,160 --> 00:16:54,240 Speaker 1: So we're in constant communication with our investors. 375 00:16:54,240 --> 00:16:56,400 Speaker 4: They see the progress of the company, they see new hires, 376 00:16:56,600 --> 00:16:58,960 Speaker 4: they see new releases, they see everything that's going on 377 00:16:59,280 --> 00:17:01,400 Speaker 4: or what we're doing. We have to be extremely transparent 378 00:17:01,760 --> 00:17:04,399 Speaker 4: about all this stuff because this is an SEC regulator. 379 00:17:04,480 --> 00:17:07,879 Speaker 4: Raise all these things, you know, are above board. So 380 00:17:08,200 --> 00:17:09,679 Speaker 4: they follow the journey and then a lot of them 381 00:17:09,800 --> 00:17:11,600 Speaker 4: use the app. A lot of them are on fan Base, 382 00:17:11,920 --> 00:17:13,480 Speaker 4: And that's the really cool part about it too, because 383 00:17:13,480 --> 00:17:15,159 Speaker 4: a lot of them are using the platform and a 384 00:17:15,160 --> 00:17:17,560 Speaker 4: lot of them have used fan Base for what it's 385 00:17:17,600 --> 00:17:20,560 Speaker 4: intended to do, which is to passively make money by 386 00:17:20,640 --> 00:17:23,000 Speaker 4: using social media, and have actually made the money back 387 00:17:23,359 --> 00:17:25,480 Speaker 4: from the money made the money back by using fan 388 00:17:25,520 --> 00:17:27,439 Speaker 4: Base that they invested in the company. So people have 389 00:17:27,520 --> 00:17:30,520 Speaker 4: made thousands of dollars, you know, just getting loves and 390 00:17:30,520 --> 00:17:32,720 Speaker 4: getting subscriptions on fan Base, and they've already invested in 391 00:17:32,760 --> 00:17:35,440 Speaker 4: the company for free. Because I mean, that's the future 392 00:17:35,720 --> 00:17:38,360 Speaker 4: of social media. Social media is the new TV, right, 393 00:17:38,800 --> 00:17:42,440 Speaker 4: and we are all our own channels in these communities, 394 00:17:42,720 --> 00:17:46,800 Speaker 4: and that we'll be able to monetize without disruption, without middlemen, 395 00:17:47,000 --> 00:17:49,600 Speaker 4: and be able to scale our businesses or scale our pages, 396 00:17:49,720 --> 00:17:53,520 Speaker 4: or scale our talent or our platform or our ideas 397 00:17:54,320 --> 00:17:58,080 Speaker 4: without people interrupting. And that's the disruptive part about social 398 00:17:58,080 --> 00:18:00,399 Speaker 4: media and fan base right now, to ask a. 399 00:18:00,400 --> 00:18:03,800 Speaker 2: Question, ask if no clear liquidity event is on the horizon, 400 00:18:03,840 --> 00:18:07,760 Speaker 2: why should investors, you know, stay in Well. 401 00:18:07,600 --> 00:18:11,400 Speaker 4: I mean, I'll say this, a lot of platforms don't 402 00:18:11,400 --> 00:18:15,959 Speaker 4: have liquidity events. They can't guarantee when they will go public, right, 403 00:18:16,000 --> 00:18:17,159 Speaker 4: But that's what an investment is. 404 00:18:17,160 --> 00:18:17,960 Speaker 1: It's limited risk. 405 00:18:18,000 --> 00:18:20,800 Speaker 4: Though, when in these other instances, when people are putting 406 00:18:20,800 --> 00:18:23,439 Speaker 4: their money into these companies and they're investing, especially at 407 00:18:23,480 --> 00:18:26,679 Speaker 4: credit investors, they have to put ten twenty five thousand, 408 00:18:26,760 --> 00:18:29,399 Speaker 4: fifty thousand dollars just to be allowed to sit on 409 00:18:29,440 --> 00:18:31,639 Speaker 4: the cap table, and they don't get any guarantee on 410 00:18:31,680 --> 00:18:33,760 Speaker 4: when that liquidity event is going to happen. They don't 411 00:18:33,800 --> 00:18:36,040 Speaker 4: know if those businesses are going to be successful, and 412 00:18:36,080 --> 00:18:38,479 Speaker 4: they still put that money in because the upside is 413 00:18:38,520 --> 00:18:40,439 Speaker 4: that's the risk. Now, if you want to put your 414 00:18:40,480 --> 00:18:42,879 Speaker 4: money into the stock market and let it sit and 415 00:18:42,920 --> 00:18:45,800 Speaker 4: maybe double and triple over the next twenty five years, yes, 416 00:18:45,840 --> 00:18:48,960 Speaker 4: but if we want to escape the generational wealth gap 417 00:18:48,960 --> 00:18:51,320 Speaker 4: that exists for people of color and black people in 418 00:18:51,359 --> 00:18:54,440 Speaker 4: this country. We have to aggressively invest in tech startups 419 00:18:54,480 --> 00:18:56,920 Speaker 4: that can scale to hundreds of billions of dollars. We're 420 00:18:56,920 --> 00:18:58,800 Speaker 4: not getting out if we don't do that. I'm just 421 00:18:58,880 --> 00:19:02,000 Speaker 4: I'm being one hundred percent. Can't you can't retail invest 422 00:19:02,040 --> 00:19:04,639 Speaker 4: your way about it about a lot of stuff. The 423 00:19:04,680 --> 00:19:08,000 Speaker 4: people that put their money into Nvidia fifteen twenty years 424 00:19:08,000 --> 00:19:09,840 Speaker 4: ago are the people that are sitting on hundreds of 425 00:19:09,880 --> 00:19:12,800 Speaker 4: millions of dollars and people never saw in Nvidia coming, 426 00:19:12,880 --> 00:19:15,400 Speaker 4: but somebody believed. And those are the people that are 427 00:19:15,440 --> 00:19:17,840 Speaker 4: just believers in fan base. The same way anybody that 428 00:19:17,880 --> 00:19:20,119 Speaker 4: you see that exits a company like this and that 429 00:19:20,200 --> 00:19:22,399 Speaker 4: makes millions and millions of dollars, they're the people that 430 00:19:22,440 --> 00:19:25,240 Speaker 4: are like, man, that's a dumb idea. You shouldn't invest 431 00:19:25,240 --> 00:19:28,520 Speaker 4: in that. Every corporation that you can think of, every Uber, 432 00:19:28,880 --> 00:19:33,000 Speaker 4: every Instagram, every Innvidia, all of them where people were like, man, 433 00:19:33,119 --> 00:19:35,879 Speaker 4: that's not gonna work, that's stupid. But that that small 434 00:19:35,880 --> 00:19:39,000 Speaker 4: group of people that believe that actually had the opportunity 435 00:19:39,000 --> 00:19:41,560 Speaker 4: to invest are the ones that wind up winning in 436 00:19:41,600 --> 00:19:43,320 Speaker 4: the long term. So that's what it is. There is 437 00:19:43,359 --> 00:19:46,960 Speaker 4: no no platform, no startup what ever. Gu guarantee you 438 00:19:46,960 --> 00:19:50,440 Speaker 4: a liquidity event. Like to this day, the Byte Dance, 439 00:19:50,480 --> 00:19:53,719 Speaker 4: the parent company of TikTok is still a privately held company. 440 00:19:53,760 --> 00:19:56,399 Speaker 4: They've never gone public and they're worth four hundred billion dollars. 441 00:19:56,760 --> 00:19:59,600 Speaker 4: Now that means people probably found a way out somehow. 442 00:20:00,000 --> 00:20:02,680 Speaker 4: You exit, But I don't plan on keeping fan base 443 00:20:02,720 --> 00:20:06,160 Speaker 4: a privately held company and perpetuity because of the fact 444 00:20:06,160 --> 00:20:08,119 Speaker 4: that we have investors that can see a return. So 445 00:20:08,160 --> 00:20:10,200 Speaker 4: the company at some point will go public or will 446 00:20:10,200 --> 00:20:12,600 Speaker 4: get acquired. And that's the energy behind it. It's taking 447 00:20:12,640 --> 00:20:15,320 Speaker 4: our it's taking our capital and our culture and then 448 00:20:15,359 --> 00:20:17,000 Speaker 4: scaling it to a point that we can exit. 449 00:20:17,880 --> 00:20:21,359 Speaker 2: That's so if it does not reach profitability or the 450 00:20:21,400 --> 00:20:25,119 Speaker 2: liquidity event within whatever amount of years, what is the 451 00:20:25,160 --> 00:20:26,840 Speaker 2: plan B for the investor capital. 452 00:20:27,960 --> 00:20:30,400 Speaker 4: It's still it's it's to continue to raise capital until 453 00:20:30,400 --> 00:20:33,159 Speaker 4: you until your eclipse. That the unfortunate part about that 454 00:20:33,320 --> 00:20:38,440 Speaker 4: is is that other other businesses will get funded infinitely 455 00:20:38,720 --> 00:20:41,440 Speaker 4: until they raise that capital, right they'll get They'll keep 456 00:20:41,440 --> 00:20:43,199 Speaker 4: putting money into it. Even like you got to think 457 00:20:43,200 --> 00:20:45,159 Speaker 4: about this, even something like Netflix, I'll Be, I'll Be. 458 00:20:45,480 --> 00:20:48,640 Speaker 4: Netflix is about to acquire Warner Brothers. Right for eighty 459 00:20:48,680 --> 00:20:51,320 Speaker 4: billion dollars. They took out a sixty three billion dollar 460 00:20:51,440 --> 00:20:53,800 Speaker 4: loan just to acquire that. A lot of these companies 461 00:20:53,840 --> 00:20:56,240 Speaker 4: aren't necessarily proper when you dig into what it is. 462 00:20:56,560 --> 00:20:59,480 Speaker 4: That's why for me it's harder because I'm doing it 463 00:20:59,600 --> 00:21:02,639 Speaker 4: the right way. I'm doing it the way that's actually harder, 464 00:21:02,800 --> 00:21:05,600 Speaker 4: and we're not playing games with investors. It's like you really, 465 00:21:05,800 --> 00:21:08,520 Speaker 4: you really have an opportunity to sit and scale the 466 00:21:08,600 --> 00:21:12,760 Speaker 4: business right by being part of the company. So for us, 467 00:21:13,000 --> 00:21:15,840 Speaker 4: every person that's actually using fan base and on fan 468 00:21:15,920 --> 00:21:18,120 Speaker 4: base has the ability to scale the company too. It's 469 00:21:18,119 --> 00:21:20,520 Speaker 4: if it doesn't. If it doesn't happen, you raise more money, 470 00:21:20,600 --> 00:21:22,760 Speaker 4: you raise capital, you continue to do that. That's why 471 00:21:22,760 --> 00:21:24,960 Speaker 4: I say, for me coming on here and having public 472 00:21:25,000 --> 00:21:27,800 Speaker 4: conversations about raising capital, there are there are people that 473 00:21:27,840 --> 00:21:31,240 Speaker 4: are in round J right, Series A, Series B, Series C, 474 00:21:31,400 --> 00:21:34,159 Speaker 4: Series D, Series E, right, and it just continues to 475 00:21:34,240 --> 00:21:36,199 Speaker 4: raise and raise and raise and raise. Right and so 476 00:21:36,320 --> 00:21:38,560 Speaker 4: this is really our first this is still our seed route. 477 00:21:38,600 --> 00:21:40,720 Speaker 4: We haven't even raised a series. When I when I 478 00:21:40,760 --> 00:21:42,800 Speaker 4: do a series A, A Series A is when I 479 00:21:42,880 --> 00:21:46,080 Speaker 4: raise fifty million or one hundred million at one time, right, 480 00:21:46,280 --> 00:21:48,160 Speaker 4: someone cuts to check for fifty million, one hundred million, 481 00:21:48,200 --> 00:21:50,800 Speaker 4: or a group of people. That's a series A. Now 482 00:21:50,880 --> 00:21:53,240 Speaker 4: we're now, we're talking. Now we now we got engineers 483 00:21:53,280 --> 00:21:56,040 Speaker 4: working around the sun and building and I'm really competitive, 484 00:21:56,080 --> 00:21:58,919 Speaker 4: especially with agentic AI and agents and being able to 485 00:21:58,960 --> 00:22:02,399 Speaker 4: code AI is really helping us actually stay competitive. Without 486 00:22:02,400 --> 00:22:04,040 Speaker 4: it, it would be a lot harder because now we can 487 00:22:04,119 --> 00:22:07,280 Speaker 4: use AI to code AI to do qa, AI to 488 00:22:07,359 --> 00:22:09,359 Speaker 4: develop all those things, and so it's a lot it 489 00:22:09,359 --> 00:22:11,679 Speaker 4: gives us. This is the time for us right now 490 00:22:11,760 --> 00:22:15,399 Speaker 4: to actually be involved in scaling the business because we 491 00:22:15,480 --> 00:22:17,679 Speaker 4: have AI to help us scale. I'm not big on 492 00:22:17,760 --> 00:22:20,480 Speaker 4: AI content creation, but scaling is important. 493 00:22:20,600 --> 00:22:22,720 Speaker 2: And what do those micro dramas look like? That's gonna 494 00:22:22,760 --> 00:22:24,040 Speaker 2: start on Q one and fast. 495 00:22:25,200 --> 00:22:27,880 Speaker 4: So if you don't know what micro dramas are, micro 496 00:22:27,960 --> 00:22:30,760 Speaker 4: dramas are movies that are chopped into two minute segments 497 00:22:30,760 --> 00:22:33,119 Speaker 4: with cliffhangers at the end of each of these. They 498 00:22:33,119 --> 00:22:37,760 Speaker 4: are very popular platforms in China. The micro drama industry 499 00:22:37,800 --> 00:22:40,200 Speaker 4: has the clips to film and television industry. And when 500 00:22:40,200 --> 00:22:42,480 Speaker 4: I started looking at this about eight nine months ago, 501 00:22:42,720 --> 00:22:44,960 Speaker 4: I went on these microdrama platforms and I noticed they 502 00:22:44,960 --> 00:22:47,800 Speaker 4: were owned by Chinese corporations and all the content was 503 00:22:47,840 --> 00:22:48,520 Speaker 4: white content. 504 00:22:48,800 --> 00:22:49,600 Speaker 1: And I said, if we. 505 00:22:49,520 --> 00:22:52,560 Speaker 4: Don't come in and distribute micro dramas and make it 506 00:22:52,560 --> 00:22:55,320 Speaker 4: so that multicultural people can distribute Michael drama, So we 507 00:22:55,359 --> 00:22:58,800 Speaker 4: have Black micro dramas, Latin micro dramas, African micaro dramas, 508 00:22:58,800 --> 00:23:01,800 Speaker 4: somebody's gonna corner that more that doesn't look like us 509 00:23:02,040 --> 00:23:04,879 Speaker 4: make billions of dollars. And these are the same people 510 00:23:04,880 --> 00:23:07,360 Speaker 4: that said they didn't want Dei and they didn't want 511 00:23:07,359 --> 00:23:09,560 Speaker 4: black people, and they didn't want diversity, and they didn't 512 00:23:09,560 --> 00:23:11,840 Speaker 4: want equity and they didn't want inclusions. So for me, 513 00:23:12,320 --> 00:23:14,879 Speaker 4: I said, it's easier for us to distribute Michael dramas 514 00:23:14,920 --> 00:23:17,440 Speaker 4: on fan Base because we already have the components of 515 00:23:17,480 --> 00:23:20,000 Speaker 4: what a micro drama is. Micro drama is just vertical 516 00:23:20,280 --> 00:23:25,280 Speaker 4: short form video currency that unlocks episodes, subscriptions, and an algorithm. 517 00:23:25,480 --> 00:23:27,760 Speaker 4: We already have all four of those, and so it 518 00:23:27,800 --> 00:23:31,280 Speaker 4: made perfect sense to partner with ty Walker and Keisha 519 00:23:31,640 --> 00:23:35,359 Speaker 4: Perry Walker with Wild Peach Studios to produce They're going 520 00:23:35,400 --> 00:23:37,919 Speaker 4: to produce micro dramas and fan Base will distribute those 521 00:23:37,920 --> 00:23:40,240 Speaker 4: micro dramas. And when I tell you, my phone has 522 00:23:40,280 --> 00:23:42,639 Speaker 4: been ringing. I went to Tyler Perry's Christmas party this weekend. 523 00:23:43,200 --> 00:23:46,159 Speaker 4: Everybody that I talked to that was black there was like, yo, 524 00:23:46,240 --> 00:23:48,720 Speaker 4: what's up of these micro dramas? Because the micro drama 525 00:23:48,800 --> 00:23:52,359 Speaker 4: industry is going to be a multi multi billion dollar industry, 526 00:23:52,359 --> 00:23:54,600 Speaker 4: But the question is who's going to own it and 527 00:23:54,640 --> 00:23:57,679 Speaker 4: who's going to own the infrastructure of the platforms that 528 00:23:57,880 --> 00:24:01,760 Speaker 4: actually produce industribute those microdramas and fan base is going 529 00:24:01,800 --> 00:24:03,840 Speaker 4: to be one of those in twenty twenty six, and 530 00:24:03,880 --> 00:24:07,080 Speaker 4: so it's it's just just don't don't even listen to 531 00:24:07,119 --> 00:24:10,480 Speaker 4: me research microdramas. I just got like Kim Kardashian, all 532 00:24:10,520 --> 00:24:13,120 Speaker 4: these everybody's getting into microdramas. But there's one thing that's 533 00:24:13,119 --> 00:24:16,280 Speaker 4: different is that they're building microdrama apps. And all those 534 00:24:16,320 --> 00:24:19,679 Speaker 4: microdrama apps have a retention problem. Once you see a microdrama, 535 00:24:19,720 --> 00:24:22,200 Speaker 4: you leave. What gets people to stay. So when micro 536 00:24:22,240 --> 00:24:24,720 Speaker 4: dramas are built into an app that's already built a 537 00:24:24,720 --> 00:24:28,119 Speaker 4: whold all media, then the retention is a lot higher. Right, 538 00:24:28,160 --> 00:24:29,720 Speaker 4: and there's more things to do. You don't want to 539 00:24:29,760 --> 00:24:32,480 Speaker 4: watch watch a microdrama than leave. Right, You can watch 540 00:24:32,480 --> 00:24:34,720 Speaker 4: a microdrama and then get right back over to your 541 00:24:34,720 --> 00:24:37,240 Speaker 4: feed and see news, or see your friends, or see 542 00:24:37,280 --> 00:24:39,000 Speaker 4: all you know, the content that you see, or create 543 00:24:39,040 --> 00:24:41,720 Speaker 4: content yourself. And that's what we're doing and make it, 544 00:24:41,800 --> 00:24:44,520 Speaker 4: make it. You know, be very very clear that social 545 00:24:44,560 --> 00:24:47,320 Speaker 4: media is the new television. If you do not think 546 00:24:47,359 --> 00:24:51,040 Speaker 4: that all media will be distributed through large social networks 547 00:24:51,080 --> 00:24:54,320 Speaker 4: in the future, which is almost now, you're sadly mistaken. 548 00:24:54,359 --> 00:24:56,119 Speaker 4: And so that's why I build families. I build fan 549 00:24:56,160 --> 00:24:59,159 Speaker 4: base to contain all media. I built this platform so 550 00:24:59,280 --> 00:25:03,280 Speaker 4: that can hold podcast, it can hold music, it can 551 00:25:03,320 --> 00:25:07,399 Speaker 4: hold audiobooks, audio rooms, short form, long form, that's the 552 00:25:07,480 --> 00:25:10,000 Speaker 4: long game, because that's where everything is going. Like a 553 00:25:10,080 --> 00:25:13,600 Speaker 4: TV on the wall is done for these days, right, 554 00:25:13,600 --> 00:25:16,240 Speaker 4: you know what I'm saying. It's either your phone, your tablet, 555 00:25:16,320 --> 00:25:18,760 Speaker 4: or your laptop because the screen is mobile and you 556 00:25:18,800 --> 00:25:21,600 Speaker 4: can watch the content when you want, not at eight 557 00:25:21,600 --> 00:25:24,600 Speaker 4: o'clock in front of my living room. That changes everything 558 00:25:24,640 --> 00:25:27,919 Speaker 4: because now your content could get billions of views as 559 00:25:27,960 --> 00:25:30,600 Speaker 4: opposed to millions of views because you have to be 560 00:25:30,680 --> 00:25:32,840 Speaker 4: somewhere at a certain time, in front of a certain device. 561 00:25:32,960 --> 00:25:35,760 Speaker 2: Do you think Quibi was too early when they lost. 562 00:25:36,840 --> 00:25:38,720 Speaker 1: Well, Quibi wasn't micro dramas. It was. 563 00:25:38,840 --> 00:25:41,160 Speaker 4: That's the thing about it. That was vertical series, right, 564 00:25:41,640 --> 00:25:45,439 Speaker 4: Quibi was not micro dramas. And be clear, micro dramas 565 00:25:45,440 --> 00:25:47,840 Speaker 4: are an art form. So anybody out there that's interested 566 00:25:47,880 --> 00:25:49,960 Speaker 4: in doing micro dramas, don't think that just taking a 567 00:25:50,000 --> 00:25:52,439 Speaker 4: movie and chopping it up into segments is what a 568 00:25:52,440 --> 00:25:55,840 Speaker 4: microdrama is. You have to study the art form. They're written, right, 569 00:25:55,880 --> 00:25:59,320 Speaker 4: They're produced, written and directed a very very specific way 570 00:25:59,480 --> 00:26:01,919 Speaker 4: that keeps the audience engaged. Is not just taking a 571 00:26:01,960 --> 00:26:06,359 Speaker 4: movie up and chopping it up. So it's not just content, 572 00:26:06,560 --> 00:26:08,800 Speaker 4: that's just short form content and the other platforms that 573 00:26:08,840 --> 00:26:09,840 Speaker 4: have been doing that, but. 574 00:26:10,880 --> 00:26:13,159 Speaker 3: Michael dramas are beat and they've been popping up. I've 575 00:26:13,200 --> 00:26:15,480 Speaker 3: been seeing them on different fees and they're very interesting, right, 576 00:26:15,560 --> 00:26:17,520 Speaker 3: very entertaining. The only problem I have with it, and 577 00:26:17,560 --> 00:26:19,840 Speaker 3: this would be good, is they usually just pop up 578 00:26:19,880 --> 00:26:21,840 Speaker 3: on your feed, right, and they're very entertaining, but you 579 00:26:21,880 --> 00:26:23,879 Speaker 3: never know how to get back to it, right, So 580 00:26:23,920 --> 00:26:27,000 Speaker 3: you'll watch two minutes and it'll be something very stupid 581 00:26:27,119 --> 00:26:29,679 Speaker 3: or very simple, but it'll be entertaining, but then you 582 00:26:29,800 --> 00:26:31,040 Speaker 3: just never know how to get back to it, you 583 00:26:31,080 --> 00:26:33,000 Speaker 3: know what I mean? So the fact that you can 584 00:26:33,119 --> 00:26:35,879 Speaker 3: get back to it and understand it is dope. 585 00:26:36,400 --> 00:26:39,119 Speaker 4: You just said something key, right, you just said something 586 00:26:39,160 --> 00:26:43,200 Speaker 4: really really key. You have to leave wherever they advertise at. 587 00:26:43,200 --> 00:26:45,480 Speaker 4: So let's say you're on Instagram or TikTok, you have 588 00:26:45,520 --> 00:26:48,240 Speaker 4: to leave TikTok or Instagram, go download the micro drama 589 00:26:48,240 --> 00:26:50,679 Speaker 4: app and then finish watching the rest of what you're watching. 590 00:26:50,880 --> 00:26:52,440 Speaker 4: You're not gonna have to do that on fan base. 591 00:26:52,720 --> 00:26:54,080 Speaker 4: It's going to be in the feed. So if you 592 00:26:54,080 --> 00:26:55,920 Speaker 4: see it, if you see a micro drama in your feed, 593 00:26:55,920 --> 00:26:58,000 Speaker 4: you can watch it and you're already inside the app. 594 00:26:58,040 --> 00:27:00,240 Speaker 4: That's what I mean by these apps have a retention problem. 595 00:27:00,359 --> 00:27:02,080 Speaker 4: That's why I was like, okay, good. I want everybody 596 00:27:02,119 --> 00:27:04,719 Speaker 4: to go out there and make another forty forty microdrama 597 00:27:04,720 --> 00:27:07,960 Speaker 4: apps and split the audience in a million different directions. 598 00:27:08,000 --> 00:27:10,119 Speaker 4: While we have micro dramas built inside the community of 599 00:27:10,119 --> 00:27:11,360 Speaker 4: people that are already. 600 00:27:11,000 --> 00:27:13,359 Speaker 5: There, Well, how do you compete with it? Because I 601 00:27:13,359 --> 00:27:14,760 Speaker 5: can't think of her name right now, trying to text 602 00:27:14,760 --> 00:27:16,880 Speaker 5: my friend to get her name. I followed girl. She's 603 00:27:16,880 --> 00:27:19,119 Speaker 5: been doing it for almost like six years in it 604 00:27:19,280 --> 00:27:22,320 Speaker 5: like skyrocketing her Now she's working with Eastern Ray. She's 605 00:27:22,320 --> 00:27:25,760 Speaker 5: been doing microdramas just on Instagram, like before rules were 606 00:27:25,800 --> 00:27:27,760 Speaker 5: even a thing. It's just literally about how you cut 607 00:27:27,760 --> 00:27:29,879 Speaker 5: your content and make the episode the next one, the 608 00:27:29,880 --> 00:27:31,760 Speaker 5: next Well, how do you compete where people already are 609 00:27:31,920 --> 00:27:33,439 Speaker 5: with making them come over the fan base and do it. 610 00:27:33,440 --> 00:27:35,399 Speaker 5: They're already on platforms doing it, like a lot of 611 00:27:35,440 --> 00:27:36,119 Speaker 5: creators do it. 612 00:27:37,119 --> 00:27:40,440 Speaker 4: No because because again specifically the micro drama industry, they're 613 00:27:40,480 --> 00:27:42,920 Speaker 4: next to no black micro dramas. 614 00:27:42,960 --> 00:27:44,119 Speaker 1: Like I'll give you, I'll give you. 615 00:27:44,160 --> 00:27:45,800 Speaker 3: I've never seen the black microdrama. 616 00:27:46,080 --> 00:27:48,040 Speaker 5: This girl, she's fine. I know eas works with her now. 617 00:27:48,520 --> 00:27:50,960 Speaker 5: I just don't know her Instagram name. But she was early. 618 00:27:51,080 --> 00:27:52,920 Speaker 5: She has a micro drama. It's about it's kind of 619 00:27:52,920 --> 00:27:55,240 Speaker 5: like Devil Worre's product. But it's like the young Black 620 00:27:55,280 --> 00:27:58,119 Speaker 5: girl moves to LA version of it and it's like 621 00:27:58,320 --> 00:27:59,919 Speaker 5: episodic and every like. 622 00:28:01,640 --> 00:28:05,200 Speaker 4: But yeah, that's but again, that's a vertical series. Again, 623 00:28:05,240 --> 00:28:08,000 Speaker 4: that's different. That's like taking a TV show and making 624 00:28:08,000 --> 00:28:10,720 Speaker 4: it vertical. When I mean Michael, dramas are an art form, 625 00:28:11,000 --> 00:28:13,560 Speaker 4: I promise you it is not. It is like very 626 00:28:13,680 --> 00:28:16,320 Speaker 4: very specific. They're shot in these two minutes every two 627 00:28:16,400 --> 00:28:20,040 Speaker 4: minutes is a cliffhanger. Every two minutes, something dramatic happens 628 00:28:20,200 --> 00:28:23,920 Speaker 4: and it escalates over the course of the hour hour 629 00:28:23,960 --> 00:28:26,480 Speaker 4: and a half that that happens. And so the Michael dramas, 630 00:28:26,520 --> 00:28:29,640 Speaker 4: like these Michael dramas are getting two hundred million views. Right, 631 00:28:29,800 --> 00:28:32,800 Speaker 4: Like the most watched movie on Netflix this year was 632 00:28:32,800 --> 00:28:36,840 Speaker 4: was the K Pop Demon Hunters anime man right, people, 633 00:28:37,280 --> 00:28:39,520 Speaker 4: that got one hundred and forty million views. Right, I 634 00:28:39,560 --> 00:28:42,040 Speaker 4: got one hundred forty million views. The number one Michael 635 00:28:42,080 --> 00:28:45,040 Speaker 4: drama in Asia and China in twenty twenty five got 636 00:28:45,080 --> 00:28:48,400 Speaker 4: five hundred million views, right, five hundred millions. That means 637 00:28:48,440 --> 00:28:52,280 Speaker 4: like like half a billion people watched a Michael drama 638 00:28:52,320 --> 00:28:55,120 Speaker 4: in China one show. Right, And that's what I mean 639 00:28:55,160 --> 00:28:57,600 Speaker 4: by the art form is it's a lot different. Like 640 00:28:57,760 --> 00:28:59,040 Speaker 4: if you go to if you go to any of 641 00:28:59,080 --> 00:29:00,920 Speaker 4: the Michael drum apps, just listen to what I'm saying, 642 00:29:00,920 --> 00:29:03,760 Speaker 4: Go download any other apps, real short drama box, all 643 00:29:03,800 --> 00:29:06,120 Speaker 4: of them. Right, go on there, you'll see all white 644 00:29:06,160 --> 00:29:08,720 Speaker 4: people are all Asian people. And my point is is 645 00:29:08,760 --> 00:29:10,800 Speaker 4: that nobody You're not gonna see a bunch of black 646 00:29:10,840 --> 00:29:14,280 Speaker 4: micro dramas, right, And the point that I'm making is 647 00:29:14,280 --> 00:29:17,560 Speaker 4: that they're gonna start producing micro dramas, But who owns 648 00:29:17,600 --> 00:29:20,440 Speaker 4: the actual production company of the micro dramas? Like when 649 00:29:20,440 --> 00:29:22,240 Speaker 4: you get on Real Short, Real Short looks like a 650 00:29:22,240 --> 00:29:25,440 Speaker 4: white company, it's Crazy Maple Studio Real Short that's owned 651 00:29:25,480 --> 00:29:27,800 Speaker 4: by a Chinese company. It's the same thing they did 652 00:29:27,840 --> 00:29:30,280 Speaker 4: with TikTok. It's like who owns it on the back end. 653 00:29:30,280 --> 00:29:33,600 Speaker 4: And we're at a point right now in society the 654 00:29:33,680 --> 00:29:38,120 Speaker 4: nutrition facts matter who owns the platforms that you use. 655 00:29:38,200 --> 00:29:40,960 Speaker 4: We know that Fox owns two B. We don't, really 656 00:29:40,960 --> 00:29:43,520 Speaker 4: we don't. World Star Hip Hop is not owned by 657 00:29:43,520 --> 00:29:46,120 Speaker 4: anybody black, but black people are on there every day. 658 00:29:46,400 --> 00:29:49,200 Speaker 4: And so when we're creating content and entertaining the masses 659 00:29:49,280 --> 00:29:52,720 Speaker 4: right who sits on the cap table and who owns 660 00:29:52,720 --> 00:29:55,080 Speaker 4: it is also very very important. That's why I say 661 00:29:55,200 --> 00:29:58,680 Speaker 4: I'm making sure that black people own the infrastructure of 662 00:29:58,800 --> 00:30:02,440 Speaker 4: microdrama distribute because if not, we're just gonna be giving 663 00:30:02,480 --> 00:30:05,200 Speaker 4: our content back to other platforms again, and then when 664 00:30:05,200 --> 00:30:07,760 Speaker 4: they get big enough, they'll stop making our Michael dramas 665 00:30:08,080 --> 00:30:10,160 Speaker 4: and tell them tell us the kiss there behind, like 666 00:30:10,160 --> 00:30:12,440 Speaker 4: they did on TWOB, like they did on the WB 667 00:30:12,680 --> 00:30:15,080 Speaker 4: like they did on upn the CW, like they did 668 00:30:15,080 --> 00:30:19,760 Speaker 4: with blaxploitation films right in the seventies, blaxploitation films, Save Hollywood, 669 00:30:19,920 --> 00:30:24,479 Speaker 4: right Chaff the Mac Superfly. They brought Hollywood back from 670 00:30:24,520 --> 00:30:26,320 Speaker 4: the brink of bankruptcy, and then when they got back 671 00:30:26,320 --> 00:30:28,480 Speaker 4: on their feet, they didn't make those movies anymore. Thank you, 672 00:30:28,560 --> 00:30:31,480 Speaker 4: Thank you for saving us boom. So I'm intentional about 673 00:30:31,520 --> 00:30:33,880 Speaker 4: the fact that we have the only infrastructure of the 674 00:30:33,960 --> 00:30:37,360 Speaker 4: micro drama community of social media because we contribute so much. 675 00:30:38,040 --> 00:30:39,600 Speaker 5: I just wanted to mention your horneting because I didn't 676 00:30:39,600 --> 00:30:41,520 Speaker 5: say earlier. Her name is Candace Banks and it's called 677 00:30:41,560 --> 00:30:44,479 Speaker 5: Thanks Candace Banks. But I don't know if it's considered 678 00:30:44,480 --> 00:30:45,840 Speaker 5: a Michae drummer now, but I thought it was what 679 00:30:46,360 --> 00:30:47,200 Speaker 5: you were talking about. 680 00:30:47,400 --> 00:30:49,840 Speaker 4: But just want to know, like even like even as 681 00:30:49,840 --> 00:30:52,880 Speaker 4: successful as Country Wayne is, he's that's like a that's 682 00:30:52,920 --> 00:30:56,080 Speaker 4: like a micro soap opera, like you know, to put 683 00:30:56,120 --> 00:30:59,160 Speaker 4: to put what he's doing in perspective. In the month 684 00:30:59,160 --> 00:31:02,680 Speaker 4: of November, Tree Wayne showed that he got a billion 685 00:31:02,800 --> 00:31:05,760 Speaker 4: views in the month of November all all his content 686 00:31:05,800 --> 00:31:09,320 Speaker 4: on Facebook a billion views, right, And so what I 687 00:31:09,360 --> 00:31:11,520 Speaker 4: mean is the ability for large amounts of people to 688 00:31:11,600 --> 00:31:15,160 Speaker 4: consume content, multiple different types of content, especially in the 689 00:31:15,160 --> 00:31:18,520 Speaker 4: micro drama space. Uh in twenty twenty six, we have 690 00:31:18,600 --> 00:31:21,160 Speaker 4: to own the market, you know, because Country Wayne doesn't 691 00:31:21,160 --> 00:31:24,080 Speaker 4: own Facebook. He's making money off the ad revenue, but 692 00:31:24,160 --> 00:31:27,320 Speaker 4: imagine he owns the actual productions and the infrastructure of 693 00:31:27,320 --> 00:31:29,720 Speaker 4: what he's doing on those platforms. Again, I tell him 694 00:31:29,720 --> 00:31:33,320 Speaker 4: to stay on Facebook because he's so successful. But there 695 00:31:33,320 --> 00:31:34,760 Speaker 4: are a lot of people that have been reaching out 696 00:31:34,800 --> 00:31:36,320 Speaker 4: that are saying, hey, look a lot of people that 697 00:31:36,560 --> 00:31:39,600 Speaker 4: you know, we all know that are in TV and film, actors, producers, 698 00:31:39,840 --> 00:31:41,840 Speaker 4: writers that are like, yo, I need to we need 699 00:31:41,840 --> 00:31:44,400 Speaker 4: to talk about this because we have to own these industries. 700 00:31:44,640 --> 00:31:45,800 Speaker 1: So how did they invest in it? 701 00:31:46,920 --> 00:31:49,760 Speaker 4: They go to start engine dot com slash fan base 702 00:31:49,840 --> 00:31:51,800 Speaker 4: to invest that's a you know, start engine dot com 703 00:31:51,800 --> 00:31:54,120 Speaker 4: slash fan base. The minimum of three hundred ninety nine 704 00:31:54,120 --> 00:31:57,400 Speaker 4: dollars are raised closes today. Raise is over. It's it 705 00:31:57,480 --> 00:32:00,920 Speaker 4: after the raise close today. I've been here before and 706 00:32:01,240 --> 00:32:04,640 Speaker 4: been able to raise an enormous amount of capital, especially 707 00:32:04,640 --> 00:32:06,800 Speaker 4: on my first time here, and so I'm letting people 708 00:32:06,840 --> 00:32:09,880 Speaker 4: know that the importance of investing and had platforms like this, 709 00:32:09,960 --> 00:32:11,400 Speaker 4: and thank you guys for allowing me to come on 710 00:32:11,480 --> 00:32:14,080 Speaker 4: here and inform the community about the opportunity to do 711 00:32:14,120 --> 00:32:17,000 Speaker 4: this is important. So start engine dot com slash fan 712 00:32:17,040 --> 00:32:19,000 Speaker 4: base to invest the Minimus three hundred nine nine dollars, 713 00:32:19,040 --> 00:32:21,840 Speaker 4: you get sixty shares of stock and fan base, and 714 00:32:21,880 --> 00:32:26,080 Speaker 4: you will own the infrastructure of social media and microdramas 715 00:32:26,080 --> 00:32:26,640 Speaker 4: in the future. 716 00:32:26,920 --> 00:32:30,920 Speaker 3: All right, well, thank you Isaacs. The third regulation and 717 00:32:30,960 --> 00:32:32,600 Speaker 3: it's the Breakfast good morning. 718 00:32:32,680 --> 00:32:37,680 Speaker 1: Hold on every day. Up wait the Breakfast Club, y'all 719 00:32:37,720 --> 00:32:38,840 Speaker 1: finish for y'all done.