Latest / The Breakfast Club / INTERVIEW: Isaac Hayes III On The Rise Of Fanbase, Microdramas, Owning Our Content + More

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INTERVIEW: Isaac Hayes III On The Rise Of Fanbase, Microdramas, Owning Our Content + More · The Breakfast Club

• 0:01
  Speaker 1: Wake you up. Wait that ass up programming your alarm.
• 0:04
  Speaker 2: The power one oh five point one on iHeartRadio Morning.
• 0:08
  Speaker 3: Everybody is DJ n V Jess Hilarious, Chelamagne the Guy.
• 0:11
  Speaker 3: We are the breakfast Club. Laurel Laurrela Roses here and
• 0:15
  Speaker 3: we got a special guest in the building. If Isaac
• 0:18
  Speaker 3: is the third, Good morning, brother.
• 0:20
  Speaker 1: What's up guys? How you doing good?
• 0:22
  Speaker 2: Look favorite you my brother?
• 0:24
  Speaker 1: I am excellent, I am highly favorite, blessed us. Well,
• 0:27
  Speaker 1: so what are.
• 0:28
  Speaker 2: We doing today?
• 0:28
  Speaker 1: Either what we're doing? What we're doing?
• 0:30
  Speaker 4: What do you mean when we're doing We're closing this
• 0:32
  Speaker 4: round for fan base. We're closing this equity crowd funk
• 0:36
  Speaker 4: for fan base. It closes today. I feel like this
• 0:40
  Speaker 4: is a great opportunity for everybody to give an investment
• 0:44
  Speaker 4: as a gift for people. You know, I've been here
• 0:47
  Speaker 4: before talked about importance of investing, but especially with social media.
• 0:51
  Speaker 4: I think we really need to galvanize right now at
• 0:54
  Speaker 4: this time because the world is shifting, and so I'm
• 0:57
  Speaker 4: telling everybody go to start engine dot com, slash fan
• 0:59
  Speaker 4: base and invest to own equity in the company. Three
• 1:02
  Speaker 4: ninety nine is the minimum investment, but it's a bigger
• 1:05
  Speaker 4: story than just investing in fan base.
• 1:08
  Speaker 2: So when people ask the question, they say, okay, you
• 1:10
  Speaker 2: know you raised You've raised millions of dollars for fan base.
• 1:12
  Speaker 2: You know, they may want to invest Walk us through,
• 1:15
  Speaker 2: line by line how that capital gets deployed.
• 1:19
  Speaker 1: So Number one, infrastructure.
• 1:22
  Speaker 4: So we just built a brand new algorithm, you know,
• 1:26
  Speaker 4: we spent almost half a year working on that. We
• 1:30
  Speaker 4: have some new key hires. All this capital gets deployed
• 1:34
  Speaker 4: in hiring better people, like really people that used to
• 1:36
  Speaker 4: work at Meta, that used to work at TikTok, they
• 1:38
  Speaker 4: used to work at Snapchat, and those salaries aren't cheap.
• 1:42
  Speaker 4: We also have to hire engineers to build what we're
• 1:46
  Speaker 4: building and develop those products, and it takes time. Honestly,
• 1:50
  Speaker 4: the amount of capital that I've raised over a five
• 1:53
  Speaker 4: year period. Some people get deployed five times that capital
• 1:58
  Speaker 4: in one year and they earn it all and they
• 2:01
  Speaker 4: go out of business. And so we've had to really stretch,
• 2:04
  Speaker 4: you know how they say, you know, I'm gonna say
• 2:05
  Speaker 4: you make the make the money stretch, make the food stretch.
• 2:09
  Speaker 4: We've had to really make this capital stretch with this company.
• 2:12
  Speaker 4: But it's a testament to our ability to spend wisely,
• 2:18
  Speaker 4: higher effectively and continue to build the best product.
• 2:22
  Speaker 2: Now, I agree with you because you know, we see
• 2:24
  Speaker 2: these tech companies they get you know, crazy donations all
• 2:27
  Speaker 2: the time, raised a lot of capital, a lot more
• 2:29
  Speaker 2: capital than you have. How much have you raised over
• 2:31
  Speaker 2: the last what five years?
• 2:33
  Speaker 1: Twenty twenty three million dollars?
• 2:35
  Speaker 2: Twenty three million dollars? Like, yeah, that's I mean, I'm
• 2:38
  Speaker 2: not gonna say that's nothing because it is something, right,
• 2:40
  Speaker 2: but compared to the other tech companies, you know, they
• 2:44
  Speaker 2: get a million dollars in a month.
• 2:47
  Speaker 4: Man, Listen, some of these Charlemagne, some of these companies
• 2:50
  Speaker 4: have raised like one hundred and fifty three million dollars
• 2:53
  Speaker 4: and have not built but one feature, and they're not
• 2:56
  Speaker 4: even around anymore. And that's because they blow the money.
• 2:59
  Speaker 4: It's really a it's really tough for black founders. People
• 3:02
  Speaker 4: don't understand, like black founders get less than half of
• 3:05
  Speaker 4: one percent of all capital rates. They don't want DEI
• 3:07
  Speaker 4: they're not trying to give us money, and especially someone
• 3:10
  Speaker 4: like myself that is disrupting the tech space in building
• 3:15
  Speaker 4: something that we can own. And then you know, black
• 3:17
  Speaker 4: people are on the side of ownership like you know,
• 3:20
  Speaker 4: we don't own nothing. I know, we talk about a
• 3:22
  Speaker 4: lot of this, you know, a lot about building generational
• 3:26
  Speaker 4: wealth and you know, those types of things, but we
• 3:28
  Speaker 4: don't own the sports teams, we don't own the record labels,
• 3:32
  Speaker 4: and we don't own you know, Hollywood, And we help
• 3:34
  Speaker 4: build up all of these infrastructures and we don't own them.
• 3:36
  Speaker 4: In social media, we help build up social media, and
• 3:39
  Speaker 4: they tell us the kids stay behind and they don't
• 3:41
  Speaker 4: want DEI and all that kind of stuff. And so
• 3:44
  Speaker 4: for me, this is a mission. This has been my mission,
• 3:46
  Speaker 4: will continue to be my purpose of my calling to
• 3:49
  Speaker 4: continue to build this company, allow us to finally have
• 3:51
  Speaker 4: the infrastructure of something that can be worth hundreds of
• 3:54
  Speaker 4: billions of dollars and pull us all up and give
• 3:56
  Speaker 4: us opportunity.
• 3:57
  Speaker 2: We do have to acknowledge the black people who do
• 3:59
  Speaker 2: own things, though I think I've heard you say that before.
• 4:02
  Speaker 2: But you know, I think, okay, you know the urban
• 4:04
  Speaker 2: ones of the world, you know, Kathy Hughes, you know
• 4:07
  Speaker 2: worldwide technology. You know like there's you know, you play
• 4:11
  Speaker 2: things like Uncle Nahris, Like there's a lot of things
• 4:13
  Speaker 2: that black people do own.
• 4:15
  Speaker 4: Yeah, but look what's happening. But it looks what happening
• 4:17
  Speaker 4: in a lot of these spaces. A lot of these
• 4:19
  Speaker 4: companies either don't get the capital that they need, they're
• 4:22
  Speaker 4: tried to, they're you know, handcuffed and what they're able
• 4:26
  Speaker 4: to do. And you really just name like three businesses
• 4:29
  Speaker 4: out of like you know, half a million.
• 4:31
  Speaker 1: Oh, I got it.
• 4:31
  Speaker 2: Yeah, I can keep going. I mean there's there's hundreds
• 4:33
  Speaker 2: of black owned businesses, and I'm just saying like we
• 4:35
  Speaker 2: I think sometimes we put that narrative out there, and
• 4:38
  Speaker 2: I think we got to be more specific, like black
• 4:40
  Speaker 2: people can own more in the tech space. For sure,
• 4:43
  Speaker 2: we do own things.
• 4:44
  Speaker 3: Yeah, But the biggest problem about it, Isaac and Charlamagne,
• 4:48
  Speaker 3: I feel is sometimes we talk to people like they
• 4:52
  Speaker 3: should know, right. A lot of these businesses that are
• 4:55
  Speaker 3: getting these millions and twenty million and fifty million and
• 4:58
  Speaker 3: raising one hundred and fifty million dollars are in vestors
• 5:00
  Speaker 3: that have the money and know why they're investing and
• 5:02
  Speaker 3: hopefully know where their money's going. But for like somebody
• 5:05
  Speaker 3: like you, Isaac, who you know, who's been on the
• 5:07
  Speaker 3: Breakfast Club but numerous times and asking for money for crowdfunding,
• 5:11
  Speaker 3: I think people want to know where that money is
• 5:14
  Speaker 3: going and why break it down on a level where
• 5:17
  Speaker 3: people will understand it and what's next for you based No, No,
• 5:20
  Speaker 3: the reason I'm asking and break it down for what
• 5:22
  Speaker 3: fan base is and how much money is needed to
• 5:25
  Speaker 3: make sure this gets to the place of a matter
• 5:27
  Speaker 3: or a Twitter or Facebook or you know, Instagram, because
• 5:32
  Speaker 3: you have to tell people like what's the overall goal
• 5:34
  Speaker 3: and what's needed this to fan base is self sufficient?
• 5:37
  Speaker 3: So we don't have that or will it always be
• 5:39
  Speaker 3: a thing like that for people that don't understand it,
• 5:41
  Speaker 3: don't know?
• 5:42
  Speaker 4: No, I think to explain how capital is deployed is
• 5:47
  Speaker 4: you know, it's kind of what I said earlier. Tech
• 5:51
  Speaker 4: companies are not social media platforms are not cheap, right, correct,
• 5:55
  Speaker 4: And so there's two things. It's how fast you can
• 5:57
  Speaker 4: build how well you can builds, you know what I'm saying.
• 6:01
  Speaker 4: And so if you don't have capital to build the
• 6:03
  Speaker 4: right product, then it's not gonna it's not gonna happen.
• 6:07
  Speaker 4: So we have salaries, we have infrastructure, we have all
• 6:11
  Speaker 4: the tech stack, you know, all the things that we do.
• 6:13
  Speaker 1: We employ about forty people.
• 6:15
  Speaker 4: We have a lot of C suite executives that are
• 6:17
  Speaker 4: that are working and all this stuff is built and
• 6:20
  Speaker 4: rolled into a company that is trying to fight the
• 6:23
  Speaker 4: fight against major tech operasion. Now to explain what fan
• 6:28
  Speaker 4: base is and understand why that it that it costs
• 6:31
  Speaker 4: what it costs. Fan base is basically social media through
• 6:34
  Speaker 4: the lens of black ownership. But the functionality is the same.
• 6:37
  Speaker 1: Right.
• 6:37
  Speaker 4: We do have posts, we have stories, we have live,
• 6:39
  Speaker 4: we have short form, we have long form, we have
• 6:41
  Speaker 4: audio chat, we have an algorithm, we have dms, we
• 6:44
  Speaker 4: have subscriptions, we have tipping. All of those parts are
• 6:47
  Speaker 4: put together in one platform, right, and integrate it so
• 6:52
  Speaker 4: that people can have the ability to monetize their content
• 6:54
  Speaker 4: from the moment that they sign up. Build community. And
• 6:58
  Speaker 4: when you think and when you compare like and I'll
• 7:00
  Speaker 4: tell anybody to do this, compare fan base to your
• 7:03
  Speaker 4: experience that you get on a TikTok or experience that
• 7:05
  Speaker 4: you get on the Instagram, and just grade us based
• 7:08
  Speaker 4: off that. But remember that those companies have thirty thousand
• 7:12
  Speaker 4: engineers and have you know, billions of dollars of capital
• 7:15
  Speaker 4: And here we are, you know, building up from the
• 7:18
  Speaker 4: ground up, from scratch with a small team, and we're
• 7:22
  Speaker 4: still here. And I think that's really the most important part.
• 7:25
  Speaker 4: And then the things that we're things that we're actually breaking.
• 7:27
  Speaker 4: We're actually breaking the opportunity for black people to get
• 7:30
  Speaker 4: into the microdrama space, for users to actually monetize their
• 7:36
  Speaker 4: data and have it trained by AI if they want to.
• 7:38
  Speaker 4: But on Instagram, TikTok, Facebook, they're training off your data
• 7:43
  Speaker 4: right now and not paying you anything. And so this
• 7:45
  Speaker 4: is a real challenge. But it's a lot of moving
• 7:47
  Speaker 4: pieces in parts that come together to make this machine run.
• 7:50
  Speaker 2: How many months of runway this fan base currently.
• 7:52
  Speaker 4: Have we have about eighteen months of runway, a little
• 7:56
  Speaker 4: bit longer than that. So you know that gives it
• 8:01
  Speaker 4: and you understand like even in that amount of time,
• 8:04
  Speaker 4: there's so much that you have to accomplish in that
• 8:07
  Speaker 4: in that period of time because you're always going to
• 8:10
  Speaker 4: be raising capital. I think the difference between what I
• 8:13
  Speaker 4: do and what everybody else is you publicly hear that
• 8:15
  Speaker 4: I'm raising all the time, but startups are raising all
• 8:18
  Speaker 4: the time fifty million, one hundred million, two hundred million,
• 8:21
  Speaker 4: three hundred million, but it usually comes from vcs and
• 8:23
  Speaker 4: private equity, and those deals aren't always made public. This
• 8:26
  Speaker 4: has made public because the people that are investing. Are
• 8:29
  Speaker 4: not the rich guys and the billionaires and the oligarchs,
• 8:31
  Speaker 4: because you it's means the people that we know that
• 8:34
  Speaker 4: are putting their money into the business. And so that's
• 8:36
  Speaker 4: why it's so public and you see everything all the time.
• 8:38
  Speaker 3: So when you say people are investing, so you say
• 8:39
  Speaker 3: the minimum investment is three ninety nine, So if somebody
• 8:42
  Speaker 3: invests at three ninety nine, what percentage are of the
• 8:46
  Speaker 3: company or how much of an investment are they getting?
• 8:49
  Speaker 3: What's the ROI on that for somebody who you know,
• 8:51
  Speaker 3: because it's tough out there. But so if somebody wants
• 8:53
  Speaker 3: to give three ninety nine, they want to know what
• 8:54
  Speaker 3: they getting back.
• 8:55
  Speaker 4: Yeah, So every investment that you make, especially in the
• 9:00
  Speaker 4: early stage company, you ride the life of the investment, correct,
• 9:03
  Speaker 4: So you're here from the beginning all the way till
• 9:05
  Speaker 4: we either ipo or somebody acquires the company. So you
• 9:08
  Speaker 4: see like like if Warner Brothers is about to get
• 9:11
  Speaker 4: acquired and that that's a different scenario. But when that
• 9:15
  Speaker 4: company is acquired, the shareholders in that company will all
• 9:18
  Speaker 4: be bought out right and then Netflix or whoever will
• 9:21
  Speaker 4: acquire that company. So when you do early stage investing
• 9:24
  Speaker 4: like that, in seed startups, that's what you get. And
• 9:27
  Speaker 4: so for three ninety nine, you're getting a small, small,
• 9:31
  Speaker 4: small piece.
• 9:31
  Speaker 1: Of the company.
• 9:32
  Speaker 4: But the upside of what I tell people is that
• 9:35
  Speaker 4: the value in which these tech companies get to is
• 9:38
  Speaker 4: where you see a return on your investment. So we're
• 9:40
  Speaker 4: valued at one hundred and sixty million dollars right now.
• 9:43
  Speaker 4: I want to put that in perspective of what Meta
• 9:45
  Speaker 4: is value. That Meta is a one point nine trillion
• 9:47
  Speaker 4: dollar company. So you think about one point six billion,
• 9:52
  Speaker 4: sixteen billion, one hundred and sixty billion, that's a thousand
• 9:56
  Speaker 4: x return. So someone that invests three ninety nine, even
• 9:59
  Speaker 4: if we get to something that is ten times less
• 10:02
  Speaker 4: valuable than Meta, five times less valuable than TikTok and Instagram,
• 10:06
  Speaker 4: that's still a thousand extra return on the type of
• 10:09
  Speaker 4: investment that you're putting in there. And that's the part
• 10:11
  Speaker 4: that people do't understand. When you invest in any business,
• 10:13
  Speaker 4: they tell you like, fifteen percent is an amazing return
• 10:16
  Speaker 4: on an investment. And I didn't raise capital this way
• 10:20
  Speaker 4: to give somebody fifteen percent back. I didn't want somebody
• 10:23
  Speaker 4: to put in four hundred dollars right and give four
• 10:25
  Speaker 4: hundred and forty dollars back. I'm not doing it for
• 10:28
  Speaker 4: that or four hundred and forty five dollars back. That's
• 10:30
  Speaker 4: not why I'm doing I'm investing in. I built a
• 10:32
  Speaker 4: tech company so that people could put four hundred dollars in,
• 10:35
  Speaker 4: two hundred and fifty dollars in, and together we build
• 10:37
  Speaker 4: something that could be worth hundreds of billions of dollars
• 10:40
  Speaker 4: that's still far below what other tech companies have, and
• 10:43
  Speaker 4: exit that company, and then at that time, you know,
• 10:47
  Speaker 4: we're distributing generational wealth to our people because it's tech.
• 10:50
  Speaker 4: The fastest way to grow wealth right now currently is
• 10:52
  Speaker 4: in the tech space, and you can't save your way
• 10:54
  Speaker 4: to wealth. You have to invest. We don't think a
• 10:56
  Speaker 4: lot about investing nowadays. We're not really thinking about, you know,
• 11:00
  Speaker 4: putting our money into things that we can see a
• 11:02
  Speaker 4: long return. They will tell us to go do prize
• 11:06
  Speaker 4: picks and gamble and play the lottery and go to
• 11:08
  Speaker 4: Vegas like that's all that. All of that is the
• 11:11
  Speaker 4: stuff that they push on people of color. No one
• 11:13
  Speaker 4: in these other rooms, people are getting together quietly and saying, hey,
• 11:16
  Speaker 4: put your money in this startup, put your money in
• 11:18
  Speaker 4: that startup. And they're not telling the average person to
• 11:20
  Speaker 4: do this kind of thing, because that's the lockout. They
• 11:23
  Speaker 4: want the access to the best deals. All the VCASON
• 11:26
  Speaker 4: investors want the access to the best opportunity to invest,
• 11:29
  Speaker 4: and so that's why this is important. This is breaking
• 11:32
  Speaker 4: a whole system down that a lot of people don't.
• 11:34
  Speaker 4: I've seen more people now use equity crowdfunding, especially people
• 11:38
  Speaker 4: of color since I started, and I was one of
• 11:40
  Speaker 4: the first people to really start doing is to have
• 11:42
  Speaker 4: major success at it. Now everybody does equity crowdfunding. I've
• 11:45
  Speaker 4: seen startups and I've introduced multiple people to equity crowdfunding
• 11:48
  Speaker 4: because it's a way to circumvent the racism, the discrimination,
• 11:51
  Speaker 4: and all the things that exist.
• 11:53
  Speaker 1: And so that's why it's important.
• 11:54
  Speaker 2: So when should investors reasonably expect the return and in
• 11:59
  Speaker 2: what form?
• 12:00
  Speaker 1: What that ROI look like? So that ROI would be
• 12:05
  Speaker 1: probably eight years.
• 12:06
  Speaker 4: I always say, like, you know, six to eight years
• 12:07
  Speaker 4: is when you invest right and you see a return
• 12:10
  Speaker 4: like Prime example again, like Uber had seed investment in
• 12:13
  Speaker 4: twenty ten and twenty nineteen, they went public, so it
• 12:16
  Speaker 4: took nine years, but the people that invested in that
• 12:19
  Speaker 4: nine year period saw five thousand x return. Right, on
• 12:22
  Speaker 4: those on that investment. And that's those are people that
• 12:25
  Speaker 4: put five thousand dollars in and so twenty four million
• 12:28
  Speaker 4: dollars come back.
• 12:28
  Speaker 1: Right.
• 12:29
  Speaker 4: And so any early stage company you would think between
• 12:32
  Speaker 4: you know, six to nine years, you would get a
• 12:34
  Speaker 4: return on your investment. And then how that happens is
• 12:36
  Speaker 4: through a liquidity event. And the liquidity event is somebody
• 12:39
  Speaker 4: either buys the company, like somebody says, okay, we're gonna
• 12:42
  Speaker 4: buy fan base at a higher evaluation than it was before,
• 12:45
  Speaker 4: or we go public, which is still selling the company.
• 12:47
  Speaker 4: And that's when you know, you ring the bell on
• 12:49
  Speaker 4: the stock market and everybody can sell their shares that
• 12:51
  Speaker 4: day or and that's what money comes in in people
• 12:54
  Speaker 4: and buy shares.
• 12:55
  Speaker 1: So so that's how it works.
• 12:56
  Speaker 2: Hold on now that you said five to six years,
• 12:58
  Speaker 2: so you know, people are gonna be looking like, wait
• 13:00
  Speaker 2: a minute, I put money in back in twenty nineteen,
• 13:04
  Speaker 2: twenty twenty, So you sure.
• 13:06
  Speaker 4: When we didn't raise didn't we didn't really raise capital.
• 13:08
  Speaker 4: We didn't close our first round till twenty twenty one. Okay, right,
• 13:11
  Speaker 4: so that's what I'm saying. We didn't close our first
• 13:13
  Speaker 4: round till twenty twenty one. And again, but again, and
• 13:15
  Speaker 4: also those are people that get like VC dollars Charlottgne.
• 13:19
  Speaker 4: That's what I'm saying, Like this is people don't understand
• 13:21
  Speaker 4: how incredibly hard this is. But I love it because
• 13:25
  Speaker 4: it's the It's the biggest challenge of my life and
• 13:28
  Speaker 4: we're being successful at it and will continue to be successful.
• 13:31
  Speaker 4: But man, like this is like, you know, this is,
• 13:34
  Speaker 4: this is, this is an amazing a journey and process
• 13:38
  Speaker 4: for me.
• 13:38
  Speaker 1: But yeah, this is.
• 13:39
  Speaker 3: It's also it's also teaching because we talk about generational
• 13:42
  Speaker 3: wealth and it talks about some of the times where
• 13:45
  Speaker 3: people don't understand because we've never been taught. It's not
• 13:47
  Speaker 3: like we've had millions and millions of dollars passed down
• 13:49
  Speaker 3: from generations like you know, other backgrounds have. So it's
• 13:53
  Speaker 3: also a teaching method, right, So you're teaching people what
• 13:56
  Speaker 3: it means to crowdsource and to get money and to
• 13:59
  Speaker 3: put money down and how much money you can get back.
• 14:01
  Speaker 3: So it's awesome matter of teaching. So answering the question
• 14:03
  Speaker 3: shouldn't be really a problem because you're teaching a generation
• 14:06
  Speaker 3: that might not know.
• 14:07
  Speaker 2: No.
• 14:07
  Speaker 4: Absolutely, That's why I consistently have you know, told other
• 14:12
  Speaker 4: people to actually invest, right, and I mean other people
• 14:15
  Speaker 4: to use equity crowdfunding. I've helped like five or six
• 14:17
  Speaker 4: other companies raised through equity crowdfunding and told them about
• 14:21
  Speaker 4: equity crowdfunding. And that's a really good thing because it's
• 14:24
  Speaker 4: an alternative to black people going to banks, an alternative
• 14:27
  Speaker 4: for black people trying to get loans and trying to
• 14:29
  Speaker 4: ask venture you know, go for venture dollars or angel investing,
• 14:32
  Speaker 4: where those deals can be predatory. A lot of what
• 14:35
  Speaker 4: I do is disruptive because of what I knew coming
• 14:39
  Speaker 4: from the music business, right, So I knew that I
• 14:42
  Speaker 4: had to create two classes of stock and made sure
• 14:45
  Speaker 4: that no one else has voting shares because that's when
• 14:48
  Speaker 4: people try to force you out of your company, right.
• 14:51
  Speaker 4: And I knew that the deals that you get from
• 14:54
  Speaker 4: angel investors are sometimes predatory. So somebody gives me two
• 14:57
  Speaker 4: hundred thousand dollars to invest in things base when I
• 15:00
  Speaker 4: first had the idea, they get twenty percent of the company,
• 15:03
  Speaker 4: and I put my own two hundred thousand dollars in it,
• 15:05
  Speaker 4: so I save that twenty percent. So those are the
• 15:08
  Speaker 4: things that most people don't know because a lot of
• 15:09
  Speaker 4: my friends that are founders got forced out of their companies,
• 15:12
  Speaker 4: they got taken advantage of, they got in bad deals
• 15:15
  Speaker 4: that don't allow them to raise capital from other people.
• 15:17
  Speaker 4: So it's real. It's a dirty game. It's not as
• 15:20
  Speaker 4: dirty as the music business. But for me, it's something
• 15:22
  Speaker 4: that I was very, very familiar with because I know,
• 15:25
  Speaker 4: you know a lot of founders just come in with
• 15:26
  Speaker 4: a great idea and then they get some guys in
• 15:29
  Speaker 4: they're like, yeah, here's half a million dollars, but I
• 15:31
  Speaker 4: want a board seat and XYZ and all that kind
• 15:33
  Speaker 4: of stuff. You get vote out of the company. As
• 15:35
  Speaker 4: Stacy Sparks, I don't know if you've ever seen movie Pass,
• 15:38
  Speaker 4: but the guys that invented movie Pass for two black guys,
• 15:41
  Speaker 4: they took in capital, they had board seats, they got
• 15:43
  Speaker 4: voted out of their own company. The guys ran up
• 15:45
  Speaker 4: a huge bill on movie Pass and destroyed the whole
• 15:48
  Speaker 4: companies and white dudes. And that's what I'm saying, is like,
• 15:50
  Speaker 4: that's what happens when when we try to build our businesses.
• 15:53
  Speaker 4: It's very very predatory. But it's gonna take it's gonna
• 15:55
  Speaker 4: be harder, and it's gonna take longer, but it's gonna
• 15:58
  Speaker 4: be well worth it because people can follow my book
• 16:00
  Speaker 4: print and do exactly what I did. And I'm paving
• 16:03
  Speaker 4: that way so that you know, you can own your company,
• 16:05
  Speaker 4: not get voted out, have as much equity as you
• 16:07
  Speaker 4: possibly can to give yourself more, the ability to raise
• 16:09
  Speaker 4: more capital. All that stuff is important.
• 16:12
  Speaker 5: It so you're because you're not doing it the VC way, right,
• 16:14
  Speaker 5: you have everyday people giving like smaller amounts of money
• 16:17
  Speaker 5: when you do scale, right, So after you hit that
• 16:19
  Speaker 5: profit margin and people, maybe some vcs or whatever come in,
• 16:22
  Speaker 5: how do you stay connected to the everyday people like
• 16:24
  Speaker 5: people that are listening to the Breakfast Club who might
• 16:26
  Speaker 5: not understand what it means when a company goes public
• 16:28
  Speaker 5: or when they're acquired, like anything that you plan to
• 16:31
  Speaker 5: do once you hit certain points of you know.
• 16:33
  Speaker 4: Return, well, you're connected. We're connected to our investors all
• 16:37
  Speaker 4: the time. We have, like you know, over twenty nine
• 16:39
  Speaker 4: thousand investors in fan Base. We have communications that are
• 16:43
  Speaker 4: updated all the time. We send our newsletters, we talk
• 16:46
  Speaker 4: on the app, we send out updates through the starting
• 16:48
  Speaker 4: your page where when you invest in fan Base, that's
• 16:50
  Speaker 4: where you can always find your shares.
• 16:52
  Speaker 1: So we're in constant communication with our investors.
• 16:54
  Speaker 4: They see the progress of the company, they see new hires,
• 16:56
  Speaker 4: they see new releases, they see everything that's going on
• 16:59
  Speaker 4: or what we're doing. We have to be extremely transparent
• 17:01
  Speaker 4: about all this stuff because this is an SEC regulator.
• 17:04
  Speaker 4: Raise all these things, you know, are above board. So
• 17:08
  Speaker 4: they follow the journey and then a lot of them
• 17:09
  Speaker 4: use the app. A lot of them are on fan Base,
• 17:11
  Speaker 4: And that's the really cool part about it too, because
• 17:13
  Speaker 4: a lot of them are using the platform and a
• 17:15
  Speaker 4: lot of them have used fan Base for what it's
• 17:17
  Speaker 4: intended to do, which is to passively make money by
• 17:20
  Speaker 4: using social media, and have actually made the money back
• 17:23
  Speaker 4: from the money made the money back by using fan
• 17:25
  Speaker 4: Base that they invested in the company. So people have
• 17:27
  Speaker 4: made thousands of dollars, you know, just getting loves and
• 17:30
  Speaker 4: getting subscriptions on fan Base, and they've already invested in
• 17:32
  Speaker 4: the company for free. Because I mean, that's the future
• 17:35
  Speaker 4: of social media. Social media is the new TV, right,
• 17:38
  Speaker 4: and we are all our own channels in these communities,
• 17:42
  Speaker 4: and that we'll be able to monetize without disruption, without middlemen,
• 17:47
  Speaker 4: and be able to scale our businesses or scale our pages,
• 17:49
  Speaker 4: or scale our talent or our platform or our ideas
• 17:54
  Speaker 4: without people interrupting. And that's the disruptive part about social
• 17:58
  Speaker 4: media and fan base right now, to ask a.
• 18:00
  Speaker 2: Question, ask if no clear liquidity event is on the horizon,
• 18:03
  Speaker 2: why should investors, you know, stay in Well.
• 18:07
  Speaker 4: I mean, I'll say this, a lot of platforms don't
• 18:11
  Speaker 4: have liquidity events. They can't guarantee when they will go public, right,
• 18:16
  Speaker 4: But that's what an investment is.
• 18:17
  Speaker 1: It's limited risk.
• 18:18
  Speaker 4: Though, when in these other instances, when people are putting
• 18:20
  Speaker 4: their money into these companies and they're investing, especially at
• 18:23
  Speaker 4: credit investors, they have to put ten twenty five thousand,
• 18:26
  Speaker 4: fifty thousand dollars just to be allowed to sit on
• 18:29
  Speaker 4: the cap table, and they don't get any guarantee on
• 18:31
  Speaker 4: when that liquidity event is going to happen. They don't
• 18:33
  Speaker 4: know if those businesses are going to be successful, and
• 18:36
  Speaker 4: they still put that money in because the upside is
• 18:38
  Speaker 4: that's the risk. Now, if you want to put your
• 18:40
  Speaker 4: money into the stock market and let it sit and
• 18:42
  Speaker 4: maybe double and triple over the next twenty five years, yes,
• 18:45
  Speaker 4: but if we want to escape the generational wealth gap
• 18:48
  Speaker 4: that exists for people of color and black people in
• 18:51
  Speaker 4: this country. We have to aggressively invest in tech startups
• 18:54
  Speaker 4: that can scale to hundreds of billions of dollars. We're
• 18:56
  Speaker 4: not getting out if we don't do that. I'm just
• 18:58
  Speaker 4: I'm being one hundred percent. Can't you can't retail invest
• 19:02
  Speaker 4: your way about it about a lot of stuff. The
• 19:04
  Speaker 4: people that put their money into Nvidia fifteen twenty years
• 19:08
  Speaker 4: ago are the people that are sitting on hundreds of
• 19:09
  Speaker 4: millions of dollars and people never saw in Nvidia coming,
• 19:12
  Speaker 4: but somebody believed. And those are the people that are
• 19:15
  Speaker 4: just believers in fan base. The same way anybody that
• 19:17
  Speaker 4: you see that exits a company like this and that
• 19:20
  Speaker 4: makes millions and millions of dollars, they're the people that
• 19:22
  Speaker 4: are like, man, that's a dumb idea. You shouldn't invest
• 19:25
  Speaker 4: in that. Every corporation that you can think of, every Uber,
• 19:28
  Speaker 4: every Instagram, every Innvidia, all of them where people were like, man,
• 19:33
  Speaker 4: that's not gonna work, that's stupid. But that that small
• 19:35
  Speaker 4: group of people that believe that actually had the opportunity
• 19:39
  Speaker 4: to invest are the ones that wind up winning in
• 19:41
  Speaker 4: the long term. So that's what it is. There is
• 19:43
  Speaker 4: no no platform, no startup what ever. Gu guarantee you
• 19:46
  Speaker 4: a liquidity event. Like to this day, the Byte Dance,
• 19:50
  Speaker 4: the parent company of TikTok is still a privately held company.
• 19:53
  Speaker 4: They've never gone public and they're worth four hundred billion dollars.
• 19:56
  Speaker 4: Now that means people probably found a way out somehow.
• 20:00
  Speaker 4: You exit, But I don't plan on keeping fan base
• 20:02
  Speaker 4: a privately held company and perpetuity because of the fact
• 20:06
  Speaker 4: that we have investors that can see a return. So
• 20:08
  Speaker 4: the company at some point will go public or will
• 20:10
  Speaker 4: get acquired. And that's the energy behind it. It's taking
• 20:12
  Speaker 4: our it's taking our capital and our culture and then
• 20:15
  Speaker 4: scaling it to a point that we can exit.
• 20:17
  Speaker 2: That's so if it does not reach profitability or the
• 20:21
  Speaker 2: liquidity event within whatever amount of years, what is the
• 20:25
  Speaker 2: plan B for the investor capital.
• 20:27
  Speaker 4: It's still it's it's to continue to raise capital until
• 20:30
  Speaker 4: you until your eclipse. That the unfortunate part about that
• 20:33
  Speaker 4: is is that other other businesses will get funded infinitely
• 20:38
  Speaker 4: until they raise that capital, right they'll get They'll keep
• 20:41
  Speaker 4: putting money into it. Even like you got to think
• 20:43
  Speaker 4: about this, even something like Netflix, I'll Be, I'll Be.
• 20:45
  Speaker 4: Netflix is about to acquire Warner Brothers. Right for eighty
• 20:48
  Speaker 4: billion dollars. They took out a sixty three billion dollar
• 20:51
  Speaker 4: loan just to acquire that. A lot of these companies
• 20:53
  Speaker 4: aren't necessarily proper when you dig into what it is.
• 20:56
  Speaker 4: That's why for me it's harder because I'm doing it
• 20:59
  Speaker 4: the right way. I'm doing it the way that's actually harder,
• 21:02
  Speaker 4: and we're not playing games with investors. It's like you really,
• 21:05
  Speaker 4: you really have an opportunity to sit and scale the
• 21:08
  Speaker 4: business right by being part of the company. So for us,
• 21:13
  Speaker 4: every person that's actually using fan base and on fan
• 21:15
  Speaker 4: base has the ability to scale the company too. It's
• 21:18
  Speaker 4: if it doesn't. If it doesn't happen, you raise more money,
• 21:20
  Speaker 4: you raise capital, you continue to do that. That's why
• 21:22
  Speaker 4: I say, for me coming on here and having public
• 21:25
  Speaker 4: conversations about raising capital, there are there are people that
• 21:27
  Speaker 4: are in round J right, Series A, Series B, Series C,
• 21:31
  Speaker 4: Series D, Series E, right, and it just continues to
• 21:34
  Speaker 4: raise and raise and raise and raise. Right and so
• 21:36
  Speaker 4: this is really our first this is still our seed route.
• 21:38
  Speaker 4: We haven't even raised a series. When I when I
• 21:40
  Speaker 4: do a series A, A Series A is when I
• 21:42
  Speaker 4: raise fifty million or one hundred million at one time, right,
• 21:46
  Speaker 4: someone cuts to check for fifty million, one hundred million,
• 21:48
  Speaker 4: or a group of people. That's a series A. Now
• 21:50
  Speaker 4: we're now, we're talking. Now we now we got engineers
• 21:53
  Speaker 4: working around the sun and building and I'm really competitive,
• 21:56
  Speaker 4: especially with agentic AI and agents and being able to
• 21:58
  Speaker 4: code AI is really helping us actually stay competitive. Without
• 22:02
  Speaker 4: it, it would be a lot harder because now we can
• 22:04
  Speaker 4: use AI to code AI to do qa, AI to
• 22:07
  Speaker 4: develop all those things, and so it's a lot it
• 22:09
  Speaker 4: gives us. This is the time for us right now
• 22:11
  Speaker 4: to actually be involved in scaling the business because we
• 22:15
  Speaker 4: have AI to help us scale. I'm not big on
• 22:17
  Speaker 4: AI content creation, but scaling is important.
• 22:20
  Speaker 2: And what do those micro dramas look like? That's gonna
• 22:22
  Speaker 2: start on Q one and fast.
• 22:25
  Speaker 4: So if you don't know what micro dramas are, micro
• 22:27
  Speaker 4: dramas are movies that are chopped into two minute segments
• 22:30
  Speaker 4: with cliffhangers at the end of each of these. They
• 22:33
  Speaker 4: are very popular platforms in China. The micro drama industry
• 22:37
  Speaker 4: has the clips to film and television industry. And when
• 22:40
  Speaker 4: I started looking at this about eight nine months ago,
• 22:42
  Speaker 4: I went on these microdrama platforms and I noticed they
• 22:44
  Speaker 4: were owned by Chinese corporations and all the content was
• 22:47
  Speaker 4: white content.
• 22:48
  Speaker 1: And I said, if we.
• 22:49
  Speaker 4: Don't come in and distribute micro dramas and make it
• 22:52
  Speaker 4: so that multicultural people can distribute Michael drama, So we
• 22:55
  Speaker 4: have Black micro dramas, Latin micro dramas, African micaro dramas,
• 22:58
  Speaker 4: somebody's gonna corner that more that doesn't look like us
• 23:02
  Speaker 4: make billions of dollars. And these are the same people
• 23:04
  Speaker 4: that said they didn't want Dei and they didn't want
• 23:07
  Speaker 4: black people, and they didn't want diversity, and they didn't
• 23:09
  Speaker 4: want equity and they didn't want inclusions. So for me,
• 23:12
  Speaker 4: I said, it's easier for us to distribute Michael dramas
• 23:14
  Speaker 4: on fan Base because we already have the components of
• 23:17
  Speaker 4: what a micro drama is. Micro drama is just vertical
• 23:20
  Speaker 4: short form video currency that unlocks episodes, subscriptions, and an algorithm.
• 23:25
  Speaker 4: We already have all four of those, and so it
• 23:27
  Speaker 4: made perfect sense to partner with ty Walker and Keisha
• 23:31
  Speaker 4: Perry Walker with Wild Peach Studios to produce They're going
• 23:35
  Speaker 4: to produce micro dramas and fan Base will distribute those
• 23:37
  Speaker 4: micro dramas. And when I tell you, my phone has
• 23:40
  Speaker 4: been ringing. I went to Tyler Perry's Christmas party this weekend.
• 23:43
  Speaker 4: Everybody that I talked to that was black there was like, yo,
• 23:46
  Speaker 4: what's up of these micro dramas? Because the micro drama
• 23:48
  Speaker 4: industry is going to be a multi multi billion dollar industry,
• 23:52
  Speaker 4: But the question is who's going to own it and
• 23:54
  Speaker 4: who's going to own the infrastructure of the platforms that
• 23:57
  Speaker 4: actually produce industribute those microdramas and fan base is going
• 24:01
  Speaker 4: to be one of those in twenty twenty six, and
• 24:03
  Speaker 4: so it's it's just just don't don't even listen to
• 24:07
  Speaker 4: me research microdramas. I just got like Kim Kardashian, all
• 24:10
  Speaker 4: these everybody's getting into microdramas. But there's one thing that's
• 24:13
  Speaker 4: different is that they're building microdrama apps. And all those
• 24:16
  Speaker 4: microdrama apps have a retention problem. Once you see a microdrama,
• 24:19
  Speaker 4: you leave. What gets people to stay. So when micro
• 24:22
  Speaker 4: dramas are built into an app that's already built a
• 24:24
  Speaker 4: whold all media, then the retention is a lot higher. Right,
• 24:28
  Speaker 4: and there's more things to do. You don't want to
• 24:29
  Speaker 4: watch watch a microdrama than leave. Right, You can watch
• 24:32
  Speaker 4: a microdrama and then get right back over to your
• 24:34
  Speaker 4: feed and see news, or see your friends, or see
• 24:37
  Speaker 4: all you know, the content that you see, or create
• 24:39
  Speaker 4: content yourself. And that's what we're doing and make it,
• 24:41
  Speaker 4: make it. You know, be very very clear that social
• 24:44
  Speaker 4: media is the new television. If you do not think
• 24:47
  Speaker 4: that all media will be distributed through large social networks
• 24:51
  Speaker 4: in the future, which is almost now, you're sadly mistaken.
• 24:54
  Speaker 4: And so that's why I build families. I build fan
• 24:56
  Speaker 4: base to contain all media. I built this platform so
• 24:59
  Speaker 4: that can hold podcast, it can hold music, it can
• 25:03
  Speaker 4: hold audiobooks, audio rooms, short form, long form, that's the
• 25:07
  Speaker 4: long game, because that's where everything is going. Like a
• 25:10
  Speaker 4: TV on the wall is done for these days, right,
• 25:13
  Speaker 4: you know what I'm saying. It's either your phone, your tablet,
• 25:16
  Speaker 4: or your laptop because the screen is mobile and you
• 25:18
  Speaker 4: can watch the content when you want, not at eight
• 25:21
  Speaker 4: o'clock in front of my living room. That changes everything
• 25:24
  Speaker 4: because now your content could get billions of views as
• 25:27
  Speaker 4: opposed to millions of views because you have to be
• 25:30
  Speaker 4: somewhere at a certain time, in front of a certain device.
• 25:32
  Speaker 2: Do you think Quibi was too early when they lost.
• 25:36
  Speaker 1: Well, Quibi wasn't micro dramas. It was.
• 25:38
  Speaker 4: That's the thing about it. That was vertical series, right,
• 25:41
  Speaker 4: Quibi was not micro dramas. And be clear, micro dramas
• 25:45
  Speaker 4: are an art form. So anybody out there that's interested
• 25:47
  Speaker 4: in doing micro dramas, don't think that just taking a
• 25:50
  Speaker 4: movie and chopping it up into segments is what a
• 25:52
  Speaker 4: microdrama is. You have to study the art form. They're written, right,
• 25:55
  Speaker 4: They're produced, written and directed a very very specific way
• 25:59
  Speaker 4: that keeps the audience engaged. Is not just taking a
• 26:01
  Speaker 4: movie up and chopping it up. So it's not just content,
• 26:06
  Speaker 4: that's just short form content and the other platforms that
• 26:08
  Speaker 4: have been doing that, but.
• 26:10
  Speaker 3: Michael dramas are beat and they've been popping up. I've
• 26:13
  Speaker 3: been seeing them on different fees and they're very interesting, right,
• 26:15
  Speaker 3: very entertaining. The only problem I have with it, and
• 26:17
  Speaker 3: this would be good, is they usually just pop up
• 26:19
  Speaker 3: on your feed, right, and they're very entertaining, but you
• 26:21
  Speaker 3: never know how to get back to it, right, So
• 26:23
  Speaker 3: you'll watch two minutes and it'll be something very stupid
• 26:27
  Speaker 3: or very simple, but it'll be entertaining, but then you
• 26:29
  Speaker 3: just never know how to get back to it, you
• 26:31
  Speaker 3: know what I mean? So the fact that you can
• 26:33
  Speaker 3: get back to it and understand it is dope.
• 26:36
  Speaker 4: You just said something key, right, you just said something
• 26:39
  Speaker 4: really really key. You have to leave wherever they advertise at.
• 26:43
  Speaker 4: So let's say you're on Instagram or TikTok, you have
• 26:45
  Speaker 4: to leave TikTok or Instagram, go download the micro drama
• 26:48
  Speaker 4: app and then finish watching the rest of what you're watching.
• 26:50
  Speaker 4: You're not gonna have to do that on fan base.
• 26:52
  Speaker 4: It's going to be in the feed. So if you
• 26:54
  Speaker 4: see it, if you see a micro drama in your feed,
• 26:55
  Speaker 4: you can watch it and you're already inside the app.
• 26:58
  Speaker 4: That's what I mean by these apps have a retention problem.
• 27:00
  Speaker 4: That's why I was like, okay, good. I want everybody
• 27:02
  Speaker 4: to go out there and make another forty forty microdrama
• 27:04
  Speaker 4: apps and split the audience in a million different directions.
• 27:08
  Speaker 4: While we have micro dramas built inside the community of
• 27:10
  Speaker 4: people that are already.
• 27:11
  Speaker 5: There, Well, how do you compete with it? Because I
• 27:13
  Speaker 5: can't think of her name right now, trying to text
• 27:14
  Speaker 5: my friend to get her name. I followed girl. She's
• 27:16
  Speaker 5: been doing it for almost like six years in it
• 27:19
  Speaker 5: like skyrocketing her Now she's working with Eastern Ray. She's
• 27:22
  Speaker 5: been doing microdramas just on Instagram, like before rules were
• 27:25
  Speaker 5: even a thing. It's just literally about how you cut
• 27:27
  Speaker 5: your content and make the episode the next one, the
• 27:29
  Speaker 5: next Well, how do you compete where people already are
• 27:31
  Speaker 5: with making them come over the fan base and do it.
• 27:33
  Speaker 5: They're already on platforms doing it, like a lot of
• 27:35
  Speaker 5: creators do it.
• 27:37
  Speaker 4: No because because again specifically the micro drama industry, they're
• 27:40
  Speaker 4: next to no black micro dramas.
• 27:42
  Speaker 1: Like I'll give you, I'll give you.
• 27:44
  Speaker 3: I've never seen the black microdrama.
• 27:46
  Speaker 5: This girl, she's fine. I know eas works with her now.
• 27:48
  Speaker 5: I just don't know her Instagram name. But she was early.
• 27:51
  Speaker 5: She has a micro drama. It's about it's kind of
• 27:52
  Speaker 5: like Devil Worre's product. But it's like the young Black
• 27:55
  Speaker 5: girl moves to LA version of it and it's like
• 27:58
  Speaker 5: episodic and every like.
• 28:01
  Speaker 4: But yeah, that's but again, that's a vertical series. Again,
• 28:05
  Speaker 4: that's different. That's like taking a TV show and making
• 28:08
  Speaker 4: it vertical. When I mean Michael, dramas are an art form,
• 28:11
  Speaker 4: I promise you it is not. It is like very
• 28:13
  Speaker 4: very specific. They're shot in these two minutes every two
• 28:16
  Speaker 4: minutes is a cliffhanger. Every two minutes, something dramatic happens
• 28:20
  Speaker 4: and it escalates over the course of the hour hour
• 28:23
  Speaker 4: and a half that that happens. And so the Michael dramas,
• 28:26
  Speaker 4: like these Michael dramas are getting two hundred million views. Right,
• 28:29
  Speaker 4: Like the most watched movie on Netflix this year was
• 28:32
  Speaker 4: was the K Pop Demon Hunters anime man right, people,
• 28:37
  Speaker 4: that got one hundred and forty million views. Right, I
• 28:39
  Speaker 4: got one hundred forty million views. The number one Michael
• 28:42
  Speaker 4: drama in Asia and China in twenty twenty five got
• 28:45
  Speaker 4: five hundred million views, right, five hundred millions. That means
• 28:48
  Speaker 4: like like half a billion people watched a Michael drama
• 28:52
  Speaker 4: in China one show. Right, And that's what I mean
• 28:55
  Speaker 4: by the art form is it's a lot different. Like
• 28:57
  Speaker 4: if you go to if you go to any of
• 28:59
  Speaker 4: the Michael drum apps, just listen to what I'm saying,
• 29:00
  Speaker 4: Go download any other apps, real short drama box, all
• 29:03
  Speaker 4: of them. Right, go on there, you'll see all white
• 29:06
  Speaker 4: people are all Asian people. And my point is is
• 29:08
  Speaker 4: that nobody You're not gonna see a bunch of black
• 29:10
  Speaker 4: micro dramas, right, And the point that I'm making is
• 29:14
  Speaker 4: that they're gonna start producing micro dramas, But who owns
• 29:17
  Speaker 4: the actual production company of the micro dramas? Like when
• 29:20
  Speaker 4: you get on Real Short, Real Short looks like a
• 29:22
  Speaker 4: white company, it's Crazy Maple Studio Real Short that's owned
• 29:25
  Speaker 4: by a Chinese company. It's the same thing they did
• 29:27
  Speaker 4: with TikTok. It's like who owns it on the back end.
• 29:30
  Speaker 4: And we're at a point right now in society the
• 29:33
  Speaker 4: nutrition facts matter who owns the platforms that you use.
• 29:38
  Speaker 4: We know that Fox owns two B. We don't, really
• 29:40
  Speaker 4: we don't. World Star Hip Hop is not owned by
• 29:43
  Speaker 4: anybody black, but black people are on there every day.
• 29:46
  Speaker 4: And so when we're creating content and entertaining the masses
• 29:49
  Speaker 4: right who sits on the cap table and who owns
• 29:52
  Speaker 4: it is also very very important. That's why I say
• 29:55
  Speaker 4: I'm making sure that black people own the infrastructure of
• 29:58
  Speaker 4: microdrama distribute because if not, we're just gonna be giving
• 30:02
  Speaker 4: our content back to other platforms again, and then when
• 30:05
  Speaker 4: they get big enough, they'll stop making our Michael dramas
• 30:08
  Speaker 4: and tell them tell us the kiss there behind, like
• 30:10
  Speaker 4: they did on TWOB, like they did on the WB
• 30:12
  Speaker 4: like they did on upn the CW, like they did
• 30:15
  Speaker 4: with blaxploitation films right in the seventies, blaxploitation films, Save Hollywood,
• 30:19
  Speaker 4: right Chaff the Mac Superfly. They brought Hollywood back from
• 30:24
  Speaker 4: the brink of bankruptcy, and then when they got back
• 30:26
  Speaker 4: on their feet, they didn't make those movies anymore. Thank you,
• 30:28
  Speaker 4: Thank you for saving us boom. So I'm intentional about
• 30:31
  Speaker 4: the fact that we have the only infrastructure of the
• 30:33
  Speaker 4: micro drama community of social media because we contribute so much.
• 30:38
  Speaker 5: I just wanted to mention your horneting because I didn't
• 30:39
  Speaker 5: say earlier. Her name is Candace Banks and it's called
• 30:41
  Speaker 5: Thanks Candace Banks. But I don't know if it's considered
• 30:44
  Speaker 5: a Michae drummer now, but I thought it was what
• 30:46
  Speaker 5: you were talking about.
• 30:47
  Speaker 4: But just want to know, like even like even as
• 30:49
  Speaker 4: successful as Country Wayne is, he's that's like a that's
• 30:52
  Speaker 4: like a micro soap opera, like you know, to put
• 30:56
  Speaker 4: to put what he's doing in perspective. In the month
• 30:59
  Speaker 4: of November, Tree Wayne showed that he got a billion
• 31:02
  Speaker 4: views in the month of November all all his content
• 31:05
  Speaker 4: on Facebook a billion views, right, And so what I
• 31:09
  Speaker 4: mean is the ability for large amounts of people to
• 31:11
  Speaker 4: consume content, multiple different types of content, especially in the
• 31:15
  Speaker 4: micro drama space. Uh in twenty twenty six, we have
• 31:18
  Speaker 4: to own the market, you know, because Country Wayne doesn't
• 31:21
  Speaker 4: own Facebook. He's making money off the ad revenue, but
• 31:24
  Speaker 4: imagine he owns the actual productions and the infrastructure of
• 31:27
  Speaker 4: what he's doing on those platforms. Again, I tell him
• 31:29
  Speaker 4: to stay on Facebook because he's so successful. But there
• 31:33
  Speaker 4: are a lot of people that have been reaching out
• 31:34
  Speaker 4: that are saying, hey, look a lot of people that
• 31:36
  Speaker 4: you know, we all know that are in TV and film, actors, producers,
• 31:39
  Speaker 4: writers that are like, yo, I need to we need
• 31:41
  Speaker 4: to talk about this because we have to own these industries.
• 31:44
  Speaker 1: So how did they invest in it?
• 31:46
  Speaker 4: They go to start engine dot com slash fan base
• 31:49
  Speaker 4: to invest that's a you know, start engine dot com
• 31:51
  Speaker 4: slash fan base. The minimum of three hundred ninety nine
• 31:54
  Speaker 4: dollars are raised closes today. Raise is over. It's it
• 31:57
  Speaker 4: after the raise close today. I've been here before and
• 32:01
  Speaker 4: been able to raise an enormous amount of capital, especially
• 32:04
  Speaker 4: on my first time here, and so I'm letting people
• 32:06
  Speaker 4: know that the importance of investing and had platforms like this,
• 32:09
  Speaker 4: and thank you guys for allowing me to come on
• 32:11
  Speaker 4: here and inform the community about the opportunity to do
• 32:14
  Speaker 4: this is important. So start engine dot com slash fan
• 32:17
  Speaker 4: base to invest the Minimus three hundred nine nine dollars,
• 32:19
  Speaker 4: you get sixty shares of stock and fan base, and
• 32:21
  Speaker 4: you will own the infrastructure of social media and microdramas
• 32:26
  Speaker 4: in the future.
• 32:26
  Speaker 3: All right, well, thank you Isaacs. The third regulation and
• 32:30
  Speaker 3: it's the Breakfast good morning.
• 32:32
  Speaker 1: Hold on every day. Up wait the Breakfast Club, y'all
• 32:37
  Speaker 1: finish for y'all done.