Latest / Earn Your Leisure / TIMBALAND ON WHY HE SOLD VERZUZ, & HIS PLANS TO MAKE BILLIONS

Transcript

TIMBALAND ON WHY HE SOLD VERZUZ, & HIS PLANS TO MAKE BILLIONS · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will.
• 0:57
  Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 4: So so let me ask you this because obviously EYL
• 1:03
  Speaker 4: is a business platform. So you guys, I want to
• 1:07
  Speaker 4: talk about this thriller situation. So you got trilla, You
• 1:10
  Speaker 4: guys decide to sell the company.
• 1:14
  Speaker 5: Is that what you did?
• 1:15
  Speaker 6: We we sold partial and we did stop into the
• 1:22
  Speaker 6: triller because we just we learned about IPOs and SPACs.
• 1:25
  Speaker 6: So I was like, we had several deals on the table,
• 1:30
  Speaker 6: but we'd like, this is the better deal to bet
• 1:34
  Speaker 6: on ourself versus.
• 1:35
  Speaker 5: Going over here or over here.
• 1:37
  Speaker 6: And it's at the beginning stage of building this business.
• 1:41
  Speaker 6: And when Trilla came to us, it was an opportunity
• 1:45
  Speaker 6: that we know, I'm all about jumping out, you know,
• 1:49
  Speaker 6: in the water first and trying something new. But the
• 1:52
  Speaker 6: opportunity that present to us was, you know, we buy
• 1:57
  Speaker 6: you know, majority of the company, you get majority of
• 2:00
  Speaker 6: the stocks and Trilla slash versus. So it's like it
• 2:03
  Speaker 6: was already a platform that was built. It was the
• 2:06
  Speaker 6: perfect marriage for us to go and to integrate what
• 2:09
  Speaker 6: we have into they platform. And you know, both of startups,
• 2:13
  Speaker 6: but one is a little ahead of us at the time,
• 2:16
  Speaker 6: but to come together we know where to.
• 2:18
  Speaker 5: Make it powerful. So right now we just we came together.
• 2:22
  Speaker 6: We're still working through kinks because it is a startup
• 2:25
  Speaker 6: and it's two startups trying to learn one another, you know,
• 2:28
  Speaker 6: and I think the beauty about it is our team
• 2:31
  Speaker 6: our versus team is so strong. You know, it's only
• 2:34
  Speaker 6: six of us, but it's no, it's no, it's no,
• 2:38
  Speaker 6: it's no versus without the team. And you know, and
• 2:40
  Speaker 6: just learning people like you were saying something about the
• 2:43
  Speaker 6: attitude and the latitude.
• 2:45
  Speaker 5: So it's like going through that motion.
• 2:48
  Speaker 6: And seeing who can hang through the the you know,
• 2:50
  Speaker 6: cause it's trials and triplations and building a company and
• 2:54
  Speaker 6: we just really getting started. I know it seems like
• 2:56
  Speaker 6: a phenomenon, and certain things are phenomenon, but we really
• 2:59
  Speaker 6: just really touching the base on where we can go.
• 3:02
  Speaker 6: We really have like a billion dollar company along, you
• 3:05
  Speaker 6: know what I'm saying.
• 3:05
  Speaker 5: But it's going to take time to get there.
• 3:07
  Speaker 7: You know what I'm saying from an artist's standpoint, because
• 3:12
  Speaker 7: I mean, you're celebrating artists that almost were forgotten about
• 3:15
  Speaker 7: their greatness, and so I know part of the structure
• 3:17
  Speaker 7: of the deal was that the people who performed became
• 3:21
  Speaker 7: owners in that.
• 3:22
  Speaker 5: What's the reaction from the people who.
• 3:25
  Speaker 7: Are now your partners, Like yo, yo, I pre you
• 3:28
  Speaker 7: saved my music career, Like how's it been for y'all?
• 3:31
  Speaker 6: You know, like I said, the pandemic brought so much
• 3:34
  Speaker 6: love me and Swiss wanted to be the first that,
• 3:37
  Speaker 6: you know, calling these artists to get on a live
• 3:42
  Speaker 6: to perform. It's only right, y'all help us build this company.
• 3:46
  Speaker 6: We got to give back to y'all and nobody's never
• 3:49
  Speaker 6: done that. And when it comes to you know, black
• 3:52
  Speaker 6: business and really teaching our culture, and I think y'all
• 3:54
  Speaker 6: the best.
• 3:55
  Speaker 5: At doing that. So it's like I want.
• 3:59
  Speaker 6: To say, we kind of took a page from y'all
• 4:01
  Speaker 6: book a little bit, you know what I'm saying, But
• 4:04
  Speaker 6: it's like, you know as but I would have to
• 4:07
  Speaker 6: say Swiss, we was like we made a call, we
• 4:09
  Speaker 6: said something about.
• 4:10
  Speaker 5: This don't feel right.
• 4:11
  Speaker 6: And that was the biggest thing that made us stick
• 4:13
  Speaker 6: with Trilla because they say, Yo, the only way we're
• 4:15
  Speaker 6: going to go and do this and we can bring
• 4:17
  Speaker 6: our people with us and they get part of the
• 4:20
  Speaker 6: pie because anybody else is gonna be.
• 4:22
  Speaker 5: Like nah nah.
• 4:23
  Speaker 6: But we knew if it wasn't you know, me and
• 4:25
  Speaker 6: Swiss got on the phone before we got to that point,
• 4:28
  Speaker 6: before we went to Apple all those things. We called
• 4:30
  Speaker 6: forty three artists and if you know what dealing with
• 4:33
  Speaker 6: an artist that's like, you know.
• 4:36
  Speaker 5: I can't I don't want to describe it. It's a
• 4:39
  Speaker 5: lot of work. It's a lot of work, and.
• 4:41
  Speaker 6: We really believed in it, and we didn't make no
• 4:44
  Speaker 6: money for like about two years, like you know, two
• 4:48
  Speaker 6: years just off of the love, just building a platform,
• 4:52
  Speaker 6: and were still building, you know what I'm saying. So
• 4:55
  Speaker 6: it's a it's a hell of a journey.
• 4:58
  Speaker 5: Can you can you talk about that?
• 4:59
  Speaker 7: That's a valuable jem And that's something that we experience
• 5:02
  Speaker 7: the first two years of the first year and a
• 5:03
  Speaker 7: half really of building ear A Lisia, it was like, look,
• 5:06
  Speaker 7: we're not taking any money. All the money we get,
• 5:08
  Speaker 7: if we get money, we're gonna put back into building
• 5:10
  Speaker 7: the business.
• 5:11
  Speaker 5: You're doing it off the love.
• 5:12
  Speaker 7: Obviously your experienced musicians and have a Hall of Fame
• 5:15
  Speaker 7: careers and on your crafts. But what did y'all learn
• 5:17
  Speaker 7: during that time? It was like did it become frustrating? Like, Yo,
• 5:21
  Speaker 7: we're doing this. There's no compensation, Bruh.
• 5:24
  Speaker 6: It's frustrating every day because you know, as you when
• 5:28
  Speaker 6: you're building something, you.
• 5:30
  Speaker 5: Gotta love it. You gotta really love it.
• 5:33
  Speaker 6: You gotta really Everybody ain't built to really build companies
• 5:37
  Speaker 6: that if they really understand what goes into it, seeing
• 5:41
  Speaker 6: the end result is cool.
• 5:44
  Speaker 8: This episode is brought to you by P and C Bank.
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• 7:35
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:38
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 7:42
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 7:47
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:51
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:54
  Speaker 1: Donald J.
• 7:55
  Speaker 2: Trump's leadership. I'm Christine Nohm, the.
• 7:57
  Speaker 1: United States Secretary of Homeland Secure. Under President Trump, attempted
• 8:02
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 8:06
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 8:09
  Speaker 1: If you were here illegally, your next you will be
• 8:13
  Speaker 1: fine nearly one thousand dollars a day.
• 8:15
  Speaker 2: Imprisoned and deported, you will never return.
• 8:19
  Speaker 1: But if you register using our CBP home app and
• 8:22
  Speaker 1: leave now, you could be allowed to return legally.
• 8:25
  Speaker 2: Do what's right, leave now.
• 8:28
  Speaker 1: Under President Trump America's laws, border and families will.
• 8:32
  Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
• 8:35
  Speaker 6: But when I meet like an Elon Musk, and when
• 8:38
  Speaker 6: I meet these people, I want to know what did
• 8:40
  Speaker 6: you have to go through?
• 8:42
  Speaker 5: Versus? I don't care about your billions that you got,
• 8:45
  Speaker 5: How did you get to that, What did you.
• 8:46
  Speaker 6: Have to endure? What did you have to suffer? And
• 8:49
  Speaker 6: now building this company, I'm like, whoa whoa, whoa, whoa whoa,
• 8:54
  Speaker 6: whoa whoa whoa.
• 8:56
  Speaker 5: Then you got the people like won't me getting another versus?
• 8:58
  Speaker 5: Won't we getting another? Versus?
• 8:59
  Speaker 6: I'm like, held on, hold on, hold on, it's coming,
• 9:01
  Speaker 6: it's coming, And it's like dealing with all that emotion.
• 9:05
  Speaker 5: A lot of people crack. You know what I'm saying
• 9:07
  Speaker 5: that you know?
• 9:08
  Speaker 6: And I you know when they talking about the pivot
• 9:12
  Speaker 6: and being an entrepreneur, it really takes a will, a
• 9:17
  Speaker 6: share will to this goal to go and two years
• 9:21
  Speaker 6: of just the love. You gotta love it, you gotta
• 9:24
  Speaker 6: And I thought what we was doing, it wasn't so
• 9:26
  Speaker 6: much about the money.
• 9:28
  Speaker 5: We was helping people revive their catalogs.
• 9:31
  Speaker 6: That was the thing making people forget, not forget about
• 9:35
  Speaker 6: this music from our great people like Yo, y'all forgot
• 9:38
  Speaker 6: about this because I felt like we felt like black
• 9:42
  Speaker 6: music and the creators wasn't getting the love that they deserved.
• 9:45
  Speaker 5: So when people when you're.
• 9:47
  Speaker 6: Doing stuff like that, giving back, because I love to
• 9:50
  Speaker 6: give back, you don't really think about the money because
• 9:53
  Speaker 6: I'd rather have a rich spirit than the money. You
• 9:56
  Speaker 6: know what I'm saying. I want my I want my
• 9:59
  Speaker 6: spirit to be rich and feel like it's filled with
• 10:01
  Speaker 6: a lot of love because I.
• 10:02
  Speaker 5: Know God got me. I know God got me.
• 10:05
  Speaker 6: If I keep if I keep going the way I'm going,
• 10:08
  Speaker 6: God got me.
• 10:09
  Speaker 4: So let me ask you this because Thriller is up
• 10:12
  Speaker 4: for I PO. I think sometime in the fourth quarter
• 10:15
  Speaker 4: they said they made a hundred million dollars in revenue
• 10:17
  Speaker 4: this year. So when you was doing that deal was
• 10:21
  Speaker 4: having some level of equity in stocks a major consideration
• 10:27
  Speaker 4: for that.
• 10:28
  Speaker 6: Yeah, I mean we we we giving away our ip.
• 10:32
  Speaker 5: You know, like if you follow the beat.
• 10:35
  Speaker 6: Steals, it goes through stages of certain deals.
• 10:37
  Speaker 5: So this is like a stage where I'm.
• 10:40
  Speaker 6: Still learning about I Po's Swan's Corporation. So I started
• 10:45
  Speaker 6: watching my we Work Billions movies like like every every week.
• 10:50
  Speaker 6: You know what I'm saying, because I gotta I don't
• 10:52
  Speaker 6: want to be the dummy on the phone. I got
• 10:54
  Speaker 6: to know what's Oh, I know what that is. Let
• 10:57
  Speaker 6: me see the s one. What did that say? How
• 10:58
  Speaker 6: long do it take? So it's just it's a learning process.
• 11:01
  Speaker 6: But I knew betting on yourself for the for the
• 11:04
  Speaker 6: n ride, it's the better way to go. When they
• 11:07
  Speaker 6: put the stocks and it was already value a at
• 11:10
  Speaker 6: a two point five.
• 11:11
  Speaker 5: Valuation and getting all.
• 11:14
  Speaker 6: These shares in the company and being the biggest shop
• 11:16
  Speaker 6: i mean stockholder of the company, it only makes sense
• 11:19
  Speaker 6: to take this ride.
• 11:20
  Speaker 5: You're the biggest stockholder.
• 11:21
  Speaker 6: Yeah, were the biggest the biggest Yeah, yeah, like we
• 11:26
  Speaker 6: wanted the biggest stockholders a trailer.
• 11:29
  Speaker 7: I mean, this is incredible. I'm listening to temple and
• 11:32
  Speaker 7: the guy grew up. He's talking about S one's spats,
• 11:36
  Speaker 7: and I p o. Man, that's a sign of the times, right,
• 11:38
  Speaker 7: clapping up for this moment, y'all.
• 11:41
  Speaker 5: I'm trying, man, I'm still learning.
• 11:43
  Speaker 6: Hey, I gotta keep watching y'all because y'all, y'all more
• 11:45
  Speaker 6: market y'all teach finance. Finance wasn't like my thing, and
• 11:48
  Speaker 6: that's why that's why I did.
• 11:49
  Speaker 5: That's it. I gotta get close to these guys.
• 11:51
  Speaker 6: Because the number I'm about to go to, I can't
• 11:54
  Speaker 6: fuck it up, you know.
• 11:57
  Speaker 5: So I'm just it's a journey, man, It's a journey.
• 12:01
  Speaker 5: So what was the lawsuit about? When you guys have suit?
• 12:03
  Speaker 5: You know, the suit was really.
• 12:06
  Speaker 6: Just just showing like, you know, like we don't want
• 12:10
  Speaker 6: to be the guys that not really just on our business.
• 12:13
  Speaker 6: It was it was a matter of miscommunication. And you know,
• 12:16
  Speaker 6: as you go through certain procedures with new companies and
• 12:21
  Speaker 6: everybody's going through the fundraising round. When you're doing that,
• 12:25
  Speaker 6: it gets a little shaky, little turbulence, and I think
• 12:27
  Speaker 6: the communication kind of got a misconstrued through the through
• 12:31
  Speaker 6: the times and things were hard, but we just this
• 12:35
  Speaker 6: kind of like a wake up call, like you know, hey,
• 12:38
  Speaker 6: but it was like it kind of we was talking
• 12:41
  Speaker 6: about it and this is the thing that we tested it.
• 12:44
  Speaker 6: We were just talking about it, and as we're talking
• 12:46
  Speaker 6: it with our people, the ship got out.
• 12:49
  Speaker 5: It just leaked.
• 12:50
  Speaker 6: Like I'm like, oh, this leak shit real, damn. You
• 12:52
  Speaker 6: can't even have a conversation behind like.
• 12:55
  Speaker 5: Like anything negative. It seemed like it just whooped go out.
• 12:58
  Speaker 6: But I knew like once when I was like, all right, well,
• 13:01
  Speaker 6: we can't do nothing now but try to redeem and
• 13:04
  Speaker 6: fix things.
• 13:05
  Speaker 5: And that's where wet with it now.
• 13:06
  Speaker 6: You know, people fight and make a you know, brothers,
• 13:09
  Speaker 6: you fight, break maca, you know, all that type shit.
• 13:18
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 13:22
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 13:26
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 13:30
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:34
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:38
  Speaker 1: Donald J.
• 13:38
  Speaker 2: Trump's leadership.
• 13:40
  Speaker 1: I'm Christy Noman, the United States Secretary of Homeland Security
• 13:44
  Speaker 1: under President Trump. Attempted illegal border crossings are at the
• 13:47
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 13:51
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 13:55
  Speaker 1: next you will be fine nearly one thousand dollars a day, imprisoned,
• 14:00
  Speaker 1: and deported.
• 14:01
  Speaker 2: You will never return.
• 14:02
  Speaker 1: But if you register using our CBP home app and
• 14:05
  Speaker 1: leave now, you could be allowed.
• 14:07
  Speaker 2: To return legally. Do what's right, leave now.
• 14:11
  Speaker 1: Under President Trump America's laws, border and families will be protected.
• 14:16
  Speaker 3: Sponsored by the United States Department of Homeland Security,