Latest / The Breakfast Club / INTERVIEW: Isaac Hayes III Talks 'Fanbase' Vs. Social Platforms, Black Culture, Wealth & Investment + More

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INTERVIEW: Isaac Hayes III Talks 'Fanbase' Vs. Social Platforms, Black Culture, Wealth & Investment + More · The Breakfast Club

0:00
Speaker 1: Wake that ass up in the morning. The Breakfast Club Morning.
0:05
Speaker 2: Everybody's dj NV just hilarious, charlamage to God. We are
0:09
Speaker 2: the Breakfast Club. We got a special guest on the
0:11
Speaker 2: line right now. We got the brother, Isaac Hayes, the
0:13
Speaker 2: third welcome Brother.
0:15
Speaker 1: What's good? What's up?
0:16
Speaker 2: How you feeling?
0:18
Speaker 1: I am feeling excellent. How about you, guys?
0:20
Speaker 3: Blessed Black and Holly favored Isaac. Isaac is the founder
0:24
Speaker 3: creator of fan Base. For people who might be new
0:27
Speaker 3: to fan Base, I think just tell them what fan
0:29
Speaker 3: base is.
0:31
Speaker 1: Fan Base is a social media platform that I found
0:34
Speaker 1: in that allows anybody to have followers and subscribers on
0:37
Speaker 1: the same page. We've raised about eleven million dollars in
0:41
Speaker 1: three rounds, and we're raising seventeen million dollars right now
0:44
Speaker 1: on start Engine for our latest round. So it's really
0:47
Speaker 1: a successor to what I call with TikTok and Instagram are.
0:51
Speaker 3: What is the what is the benefit for like the
0:54
Speaker 3: non creator to switch to fan Base. I understand there
0:57
Speaker 3: the creative benefit of fan Base, but what's the fit
1:00
Speaker 3: for a non creator to switch to fan Base versus
1:02
Speaker 3: using other social media apps?
1:05
Speaker 1: Well, I think the first thing is that most everybody's
1:07
Speaker 1: content is suppressed on all these platforms, and so there's
1:10
Speaker 1: a change that's happening where people feel like they are stifled.
1:13
Speaker 1: Even the average user just doesn't seem like they're getting
1:15
Speaker 1: visibility for the content that they make. So we want
1:18
Speaker 1: to make sure that, you know, we provide an opportunity
1:20
Speaker 1: that nobody's content and suppressed. We don't run ads. I
1:23
Speaker 1: just want to make sure that everybody has an opportunity
1:25
Speaker 1: to see all their content. So it's just it's just
1:27
Speaker 1: like any other social networks, free to download, free to use,
1:29
Speaker 1: doesn't cost anything. So I look at it, like I said,
1:32
Speaker 1: as a transition from all these platforms that you know,
1:35
Speaker 1: shadow band, you you know, crush your content and don't
1:39
Speaker 1: allow you to really connect with people.
1:41
Speaker 2: Now, I was going to ask that a lot of
1:42
Speaker 2: people have been in the last couple of months really
1:45
Speaker 2: been complaining about a lot of these social apps because
1:48
Speaker 2: they're saying that they are suppressed that you know, you
1:50
Speaker 2: could tell that they want them to pay for advertising
1:54
Speaker 2: and it's not really getting this stuff out like that.
1:56
Speaker 2: What's going to stop fan base from doing the same
1:59
Speaker 2: thing later?
2:00
Speaker 1: Wrong? Well, I think the current platforms have to charge
2:04
Speaker 1: you I mean, you got to think that Instagram is
2:05
Speaker 1: now charging you three hundred and fifty dollars a month
2:07
Speaker 1: just to get visibility, and that's because they run ads.
2:10
Speaker 1: Ninety seven percent of their revenue comes from advertising, and
2:13
Speaker 1: so I'm like, you know, we can't, we can't have
2:15
Speaker 1: platforms like that. We don't run ads. And so since
2:18
Speaker 1: we're a repshare platform that has subscription and love, love
2:21
Speaker 1: is like digital currency, so you can tip somebody for
2:24
Speaker 1: all their content on the platform. So it's really super easy.
2:27
Speaker 1: You know, you give somebody a love, it's about half
2:30
Speaker 1: a penny. Those add up and you can like stuff
2:32
Speaker 1: for free. So we don't really have to worry about
2:34
Speaker 1: suppressing content because again we don't run ads. I always
2:38
Speaker 1: say that these platforms have to suppressure content because they
2:41
Speaker 1: work against you, Like you know what I'm saying. So
2:43
Speaker 1: why would Instagram let you reach a million people when
2:45
Speaker 1: they're about charge target to reach a million people? So
2:47
Speaker 1: that's why they suppressure content. And so for me, that's
2:50
Speaker 1: one of the reasons why we don't do that.
2:52
Speaker 4: What do you mean when you say they charge you
2:54
Speaker 4: three fifty a month Instagram?
2:55
Speaker 1: So Metaverified has this new program now where they're charging
2:58
Speaker 1: you three hund in fifty dollars a month just to
3:01
Speaker 1: be visible in the feed, like in the search and
3:03
Speaker 1: all this other stuff. It's really tight on these platform
3:06
Speaker 1: It's getting crazy right now, Like you know, it's time
3:08
Speaker 1: for a change. Anyway, though, I think none of these
3:10
Speaker 1: platforms can last forever. I think for us, especially why
3:14
Speaker 1: I found it fan base, is that black culture is
3:17
Speaker 1: so much a part of what makes social media popular,
3:20
Speaker 1: and we don't own any of these platforms. Again, I've
3:22
Speaker 1: said this before, like you know, this is a black founded,
3:25
Speaker 1: but not black only app. So I take into care
3:27
Speaker 1: consideration that black culture needs a place that it can
3:31
Speaker 1: be global and not be stifled and exploited. And so
3:34
Speaker 1: that's the reason why you know, I'm doing it a
3:36
Speaker 1: little bit differently. We just it's time. It's time for
3:38
Speaker 1: us to own some infrastructure. I'm just I'm over I'm
3:41
Speaker 1: over everybody you know having disagreements or issues with TikTok
3:44
Speaker 1: and Instagram, and those are always going to be problems
3:46
Speaker 1: unless we own the infrastructure these platforms, which is why,
3:49
Speaker 1: like I raised capital and built the platform to begin with.
3:52
Speaker 3: I agree with you, it's the stupidest thing in the
3:53
Speaker 3: world when I see people say things like I think
3:55
Speaker 3: Elon Musk is racist and I don't like Elon much,
3:58
Speaker 3: but you're you're saying it on idiot, right.
4:02
Speaker 1: I mean, we can complain as much as we want to,
4:05
Speaker 1: but until we change and transform our thinking about you know,
4:10
Speaker 1: what we value. I think building building black wealth is
4:14
Speaker 1: one of the things that you know, we have to
4:15
Speaker 1: really focus on. And the fastest way to build wealth
4:17
Speaker 1: moving in the future is technology. And so if you're
4:20
Speaker 1: going to get mad at Elon Musky yell at him
4:22
Speaker 1: on his platform, that doesn't make sense. So there has
4:24
Speaker 1: to be alternatives. And we've never been here before. Again,
4:27
Speaker 1: I say this all the time. Fan Base is really
4:28
Speaker 1: one of the first of it's kind where we've never
4:30
Speaker 1: seen a black founder start a social media platform from
4:33
Speaker 1: the bottom up. I spent my own bread to build
4:35
Speaker 1: this thing, we scaled it up, we raise capital, and
4:38
Speaker 1: so now I want to get people an alternative because
4:41
Speaker 1: we also have, you know, the ability that people own
4:43
Speaker 1: this platform. We have over fifteen thousand investors that have
4:46
Speaker 1: invested in fan Base have gone to start engine on
4:48
Speaker 1: their own shares in the company, and we got to
4:51
Speaker 1: build this black wealth or we're going to be customers
4:53
Speaker 1: to our own creations. We will never have a seat
4:55
Speaker 1: at the table at all.
4:56
Speaker 4: What is this seventeen million dollar reg what is it?
4:58
Speaker 1: Regga rais reggae? So well, I'm the first black man
5:03
Speaker 1: to raise ten million dollars in reg CF. So regulation
5:06
Speaker 1: A crowdfunding is where you go up to the next
5:08
Speaker 1: level where you can raise up to seventy five million
5:09
Speaker 1: dollars in a year. So right now we're raising seventeen
5:12
Speaker 1: million dollars and the minimum to invest is three hundred
5:15
Speaker 1: and ninety nine dollars. So when you hear about these
5:17
Speaker 1: people that own part of these platforms, these already rich guys,
5:20
Speaker 1: these angel investors that were part of Uber and PayPal
5:24
Speaker 1: and Instagram and all these platforms that are you know,
5:28
Speaker 1: enormously wealthy. They were rich to begin with. But with
5:31
Speaker 1: equity crowdfunding, which is something extremely important, we have this
5:34
Speaker 1: DEI attack that's going on right now. Equity crowdfunding allows
5:38
Speaker 1: us to invest in ourselves, to work together to fund
5:40
Speaker 1: our own companies. And so the regulation A that we're
5:42
Speaker 1: doing on the Start Engine allows us to be able
5:45
Speaker 1: to do that. So now the people own the platform,
5:47
Speaker 1: the users are the people that own part of the platform,
5:49
Speaker 1: and who better than to give you know, like I said,
5:51
Speaker 1: ownership tos and the people that make the platform successful.
5:54
Speaker 1: There's so many creators if I was a creator, an
5:56
Speaker 1: average user, anybody. I think investing and understanding why we
5:59
Speaker 1: need to be able to do this is something that
6:01
Speaker 1: you know, we got to lock in and focus on.
6:02
Speaker 1: So I tell everybody go to start engine dot com
6:04
Speaker 1: slash fan base. If you want to invest, you'll have equity. Again,
6:09
Speaker 1: we've already raised about one point three million in this
6:11
Speaker 1: new seventeen million all around, but we're taking it to
6:13
Speaker 1: seventeen million, and so we're gonna be able to you know,
6:16
Speaker 1: build fan base enormously faster and better.
6:20
Speaker 2: Now, what should been some of your biggest challenges when
6:22
Speaker 2: it came to fan base so far?
6:25
Speaker 1: Niggas Well, I'll say that I'll say this right, I
6:30
Speaker 1: think that some of the biggest challenges is that he's
6:34
Speaker 1: actually getting people to understand their content has value, Like
6:37
Speaker 1: we're transitioning, Like think about all the content creators that
6:40
Speaker 1: existed for the last ten years, and then stop and
6:42
Speaker 1: think about costs and not Costuma's probably making about eight
6:45
Speaker 1: hundred grand a month off subscriptions. He's like two years old, right,
6:48
Speaker 1: But the generation before him that we're trying to get
6:50
Speaker 1: brand deals and all this kind of stuff, they don't
6:52
Speaker 1: understand that subscriptions are coming. You know, if you're not
6:55
Speaker 1: paying attention and understanding that your content has value, you're
6:58
Speaker 1: going to get lost in the shuffle, to be left
7:00
Speaker 1: behind because someone like Kai and all the younger creators
7:03
Speaker 1: that are coming forward, they're making money off subscriptions. They're
7:06
Speaker 1: making millions of dollars off subscriptions. That anybody can do that.
7:09
Speaker 1: You can do that, I can do that. You might
7:11
Speaker 1: not have as many subscribers as Kai, but you can
7:12
Speaker 1: still be on a platform where Coy's got millions of followers,
7:15
Speaker 1: but he has people that also want to support his content.
7:17
Speaker 1: And so I wanted to provide a global platform for
7:20
Speaker 1: anybody to have that capability. And also with what we did.
7:23
Speaker 1: What I did was I invented in that peer to
7:25
Speaker 1: peer purchase subscription. I have to say this every time,
7:28
Speaker 1: Like before fan Base, you cannot subscribe to a person
7:31
Speaker 1: using Apple or Google the app story, you can only
7:36
Speaker 1: buy a game, or you can only subscribe to like
7:38
Speaker 1: Spotify or Netflix. But I made it so that you
7:40
Speaker 1: can subscribe to people. And that changed everything. And then
7:42
Speaker 1: Apple and Google changed their model because again black people
7:46
Speaker 1: innovate any everything. They changed their model and they allow
7:48
Speaker 1: the Instagram to do it and TikTok and x and
7:50
Speaker 1: all these platforms. Now you can describe from your phone.
7:52
Speaker 1: But that was done by this black man here in Atlanta,
7:54
Speaker 1: Georgia to be able to do that. So I take
7:57
Speaker 1: pride in being somebody that innovated the space on that way.
8:00
Speaker 4: This might be a random question.
8:01
Speaker 3: I don't know if you can ask you, Isaac, but
8:03
Speaker 3: when I hear you say things like Kai Sinata is
8:05
Speaker 3: making eight hundred grand a month, the first thing I
8:08
Speaker 3: think about with all those content creators is I hope
8:10
Speaker 3: they're paying their taxes. What are the They got to
8:13
Speaker 3: pay taxes like everybody else.
8:14
Speaker 1: Right, of course, of course they gotta pay tax got
8:19
Speaker 1: Coy's got solid management, I know, I mean, he's he's here,
8:21
Speaker 1: has a great management team. I mean, he's you know,
8:23
Speaker 1: he's making so much money. I absolutely you know know
8:26
Speaker 1: that they do that. And also what happens with us
8:29
Speaker 1: is we send out at fan base. We pay you
8:32
Speaker 1: out the first severing of the month, but at the
8:33
Speaker 1: end of the year, we send you you know how
8:35
Speaker 1: much money you made, so you can follow with your taxes.
8:37
Speaker 1: So it's not really an issue that you could just
8:39
Speaker 1: send it over and say, hey, you know, let me
8:41
Speaker 1: let me find my tax and let people know how
8:42
Speaker 1: much money I made. But we do that for every
8:44
Speaker 1: single person on the platform to make sure that you
8:46
Speaker 1: are paying your taxes, because they will come get their money.
8:48
Speaker 1: They will, they will, they will send us a letter
8:50
Speaker 1: saying we're about to garnish this users. We get letters
8:52
Speaker 1: from the irs like, YO, give us this money. So
8:55
Speaker 1: it's it's crazy, but it actually does happen.
8:58
Speaker 4: So so with the money that you've raised so far,
9:00
Speaker 4: where does that money go to?
9:02
Speaker 1: So what I what I explained to people right now
9:05
Speaker 1: is is that when you see fan Base, nothing speaks
9:07
Speaker 1: better for fan Base than the app itself. And so
9:10
Speaker 1: fan Base has six content creation tools like six verticals
9:14
Speaker 1: or content creation functionality. So we got stories, live posts,
9:19
Speaker 1: long form video which is like YouTube, flicks which is
9:22
Speaker 1: like short form video, and the audio chatrooms. And so
9:25
Speaker 1: when you really see the app, you think that okay,
9:27
Speaker 1: these guys are raised about ten or eleven million dollars
9:30
Speaker 1: and it built something that most people would say would
9:32
Speaker 1: cost fifty million to be able to build, and we
9:35
Speaker 1: got staying power. I'm not gonna be unapologetic that a
9:38
Speaker 1: lot of these companies that have been that have been
9:40
Speaker 1: funded by venture capital vcs have actually coming and give
9:43
Speaker 1: companies thirty five million dollars and they've blown the money
9:46
Speaker 1: in eighteen months and had no product nowhere near as
9:49
Speaker 1: close to fan base. And so what we do is
9:52
Speaker 1: we spend our money wisely, we continue to scale the app.
9:55
Speaker 1: We have other functionality and features that we're doing. We're
9:58
Speaker 1: adding URTMP streaming, so just like Twitch and Rumble, you'll
10:01
Speaker 1: be able to stream your video games and kick you'll
10:04
Speaker 1: be able to do that. So we just keep adding
10:06
Speaker 1: and building to the platform and we have almost seven
10:08
Speaker 1: hundred thousand users. I know that people don't know that,
10:11
Speaker 1: but this is really, like I said, a one of
10:13
Speaker 1: a kind social media app that people don't understand what's
10:17
Speaker 1: being done and how we're breaking the mold.
10:21
Speaker 2: Now, if people do want to log I'm trying to
10:22
Speaker 2: get logg on my fan base right now. It wouldn't
10:24
Speaker 2: let me log in. That happens all the time. But
10:26
Speaker 2: I was going to ask you, so for people break
10:28
Speaker 2: down what fan base is. If they don't know what
10:30
Speaker 2: they can do with it, why would it benefit them
10:32
Speaker 2: over other apps? So they get a better understanding.
10:36
Speaker 1: Well, first, the first thing I say is you can
10:38
Speaker 1: create a fan base account and we file the patent
10:41
Speaker 1: on a migration toil that allows you to copy all
10:43
Speaker 1: your content from either Instagram or TikTok and paste it
10:46
Speaker 1: over on your fan base page. So then now you
10:48
Speaker 1: put your content into place where somebody can tip it.
10:50
Speaker 1: Anybody up, any regular person can tip it. So on
10:54
Speaker 1: fan Base you have followers and subscribers. And what's important
10:56
Speaker 1: about that is as AI comes into play and more
10:59
Speaker 1: people start to lose jobs, I think content creators in
11:03
Speaker 1: IRL content, which is in real life content, is going
11:05
Speaker 1: to be something that people are really going to rely on,
11:07
Speaker 1: Like the gig economy is going to explode because people
11:10
Speaker 1: can make you know, the Keith Leads of the world,
11:12
Speaker 1: the people that discover that they have a talent or
11:14
Speaker 1: a neck to be able to do this, and so
11:16
Speaker 1: being in a position to already monetize from day one
11:20
Speaker 1: if you so choose. If you just want to use
11:21
Speaker 1: fan base as a platform where you connect with your
11:23
Speaker 1: friends or have fun, you can do the exact same thing.
11:26
Speaker 1: But I think we have to understand that content has
11:28
Speaker 1: value and they're gonna be a lot of money. There's
11:29
Speaker 1: gonna be a lot of money made in the next
11:31
Speaker 1: few years. Again, people are going to become billionaires off subscriptions.
11:35
Speaker 1: I know it sounds crazy, but I'm telling you right now,
11:37
Speaker 1: there will be billionaires made off people subscribing to other
11:40
Speaker 1: people's content, just like we subscribe to Netflix and so again,
11:43
Speaker 1: creating generational black wealth and being able to do this
11:47
Speaker 1: because again, we are we are left behind. We are
11:49
Speaker 1: we are you know, I see these younger creators. I
11:51
Speaker 1: see the Aiden Rosses who got equity and Kick. I
11:56
Speaker 1: see all these these people that have equity in these companies,
11:58
Speaker 1: Charlie Emilio, Bryce Hall, they have equity. But I don't
12:04
Speaker 1: see that, you know, I don't see the academics as
12:06
Speaker 1: equity and Rumble or I don't see Constana has equity
12:10
Speaker 1: in Twitch and so again, I think for users to
12:12
Speaker 1: be able to use the platform and then also become investors,
12:15
Speaker 1: it's something that's extremely important.
12:17
Speaker 4: How many OW subscribers do you all have?
12:19
Speaker 1: No? Seven hundred thousand, said, give about seven hundred thousand,
12:23
Speaker 1: seven hundred thousand users global. We're on iOS and Android
12:27
Speaker 1: and one hundred and ninety countries and territories. We are
12:30
Speaker 1: continuing to grow. We continue to scale every day, add
12:33
Speaker 1: new functionality, add new add new things. With this seventeen
12:36
Speaker 1: million dollar around, we're filing patents. We got to expand
12:39
Speaker 1: our team. You know, our team is pretty small. They started.
12:42
Speaker 1: We started with five people. Now we have about thirty
12:44
Speaker 1: five people that work for fan Base, and we want
12:46
Speaker 1: to double and triple that team to be able to
12:48
Speaker 1: really scale and compete. At first, this is a startup.
12:50
Speaker 1: People say, Okay, it's a startup, But now we're in
12:52
Speaker 1: scale up mode where we really got to take this
12:54
Speaker 1: app and turn it into the next you know, the
12:56
Speaker 1: next Instagram, the next TikTok, and we'll continue to be
12:59
Speaker 1: able to do that. And again I keep saying, there's
13:01
Speaker 1: nobody out here in this space like this. There's no
13:04
Speaker 1: you can't find a black founded social media app that's
13:07
Speaker 1: for every single person on the planet, that allows you
13:09
Speaker 1: to monetize, that doesn't suppressure content, that's really changing the game.
13:13
Speaker 1: And really people are again these platforms are copying everything
13:16
Speaker 1: that we do. So I'm just going to continue to
13:18
Speaker 1: lead the charge and make sure that we do everything
13:20
Speaker 1: we gotta do to continue to scale fan base.
13:23
Speaker 4: You know, I'm an investor in fan base.
13:25
Speaker 3: You know I gotta say that, right, So how do
13:29
Speaker 3: people what is the process of investing in fan Base?
13:33
Speaker 1: So when you invest in fan base, you go to
13:34
Speaker 1: start engine dot com slash fan base, right, and then
13:37
Speaker 1: the minimum to invest is three hundred and ninety nine dollars.
13:40
Speaker 1: That money sits an escro. You don't have it. We
13:42
Speaker 1: don't have it. After there's a process where everybody does
13:46
Speaker 1: a background check on the person investing, and then you'll
13:49
Speaker 1: get an email saying do you run an invest in
13:51
Speaker 1: fan Base? You'll get that email and then once you
13:53
Speaker 1: click that, that money goes into a dispersement queue. And
13:56
Speaker 1: as soon as we take that money and put it
13:58
Speaker 1: in our account, you are investing in fans Base. And
14:00
Speaker 1: so again, we have over fifteen thousand investors around the
14:04
Speaker 1: world that have invested in this platform. I keep telling
14:06
Speaker 1: people like, when these companies have these exits and you
14:09
Speaker 1: hear you know, these platforms sell for billions and billions
14:11
Speaker 1: of dollars, and regular people are going to be able
14:14
Speaker 1: to exit fan Base eventually. Either we're going to go
14:15
Speaker 1: public or we're gonna get acquired. That's the eventuality of
14:18
Speaker 1: what we're going to do. So again, I want to
14:20
Speaker 1: highlight on investing and how important this is because you me,
14:24
Speaker 1: everybody has the ability to increase the value of fan
14:27
Speaker 1: base by simply using the platform, but then you own
14:29
Speaker 1: a piece of it. And we you know, again, we
14:31
Speaker 1: have about one point eight trillion dollars of wealth, that
14:34
Speaker 1: spending power that we have in the black community every year,
14:37
Speaker 1: and we should take some of that money and start
14:39
Speaker 1: investing in multiple companies and other companies that we can
14:41
Speaker 1: fund through equity crowdfunding. Equity crowdfunding is going to be
14:44
Speaker 1: something that I think the black community's going to focus
14:47
Speaker 1: on a lot more because what happened with the Fearless Fund,
14:49
Speaker 1: what's happening with DEI. They're trying to shut us down.
14:52
Speaker 1: We in twenty twenty three, blacks, black black startups got
14:57
Speaker 1: less than half of one percent of all venture cap
15:00
Speaker 1: So think about that, less than half of one percent
15:02
Speaker 1: of all venture capital went to black founders. So we
15:05
Speaker 1: have to start funding our own businesses and look out
15:07
Speaker 1: for ourselves. I'm over the whole plan of you know,
15:11
Speaker 1: we're trying to beg to have a seat at the
15:12
Speaker 1: table on Instagram when we make the platforms. I'm tired
15:15
Speaker 1: of that. So again I encourage everybody to invest in
15:18
Speaker 1: fan Base, use the platform. We're not gonna stop. We've
15:21
Speaker 1: been going, like I said, for the last three years,
15:23
Speaker 1: and so many other platforms have come and gone and failed,
15:26
Speaker 1: but we're still here because we know what we're doing.
15:29
Speaker 1: We're building community and we're making a change in what
15:32
Speaker 1: we do with social media.
15:34
Speaker 4: So how do people invest if they wanted to right now?
15:37
Speaker 1: So go to start engine dot com slash fan base
15:40
Speaker 1: and there will be you'll pull up on a fan
15:42
Speaker 1: base page on start Engine and just click get equity
15:45
Speaker 1: and that's it. You'll get equity in the platform. You'll
15:47
Speaker 1: have some shares, you have some ownership. And remember, these
15:49
Speaker 1: raises tend to go viral. I say this all the time.
15:52
Speaker 1: There hasn't been a raise that I've done, but we've
15:54
Speaker 1: reached our goal and everybody's like, is it too late
15:56
Speaker 1: to invest. I'm like, nah, don't wait, We're going all
15:58
Speaker 1: the way with this thing. So as soon as you
16:00
Speaker 1: possibly can, because again, the raise is gonna close, we're
16:04
Speaker 1: gonna go on to the next level and continue to
16:06
Speaker 1: build the platform. So if you want to have, you know,
16:08
Speaker 1: an opportunity to invest. Again, there's a lot of disposal income.
16:11
Speaker 1: I'm not gonna tell you how to spend your money,
16:12
Speaker 1: but I'm definitely telling you that, you know, three hundred
16:14
Speaker 1: ninety nine dollars is the ability to have equity in
16:17
Speaker 1: the platform. And there's another stat that I say all
16:19
Speaker 1: the time when we think about this, when we're raising
16:21
Speaker 1: seventeen million dollars, twenty eight thousand, five hundred people investing
16:26
Speaker 1: six hundred dollars, and this platform has millions of listeners,
16:29
Speaker 1: millions of viewers. Right, so twenty eight thousand, five hundred
16:32
Speaker 1: people investing six hundred dollars, it's seventeen million, one hundred
16:35
Speaker 1: thousand dollars. We reach our goal like that, and again,
16:38
Speaker 1: with that kind of capital, we will catch Instagram, we
16:41
Speaker 1: will catch TikTok, and then we will surpass them because
16:43
Speaker 1: we're doing things that they're not doing yet. We're inventing
16:46
Speaker 1: and creating things in social media that none of these
16:48
Speaker 1: platforms have done so and we're not stopping. We're doing
16:50
Speaker 1: it right here in a right here in Atlanta, Georgia.
16:53
Speaker 1: So we're gonna keep pushing.
16:54
Speaker 3: Is there a minimum amount that you gotta invests?
17:00
Speaker 2: I don't know if you know.
17:00
Speaker 1: He said, well, how many suscribes is it?
17:02
Speaker 2: You just said some one hundred thousand?
17:03
Speaker 1: You just said three hundred.
17:04
Speaker 2: And ninety nine.
17:05
Speaker 3: Listen, man, Sometimes when a person is talking, people will
17:07
Speaker 3: miss things. When you pose it as a question and
17:10
Speaker 3: you say, what is the minimum amount?
17:12
Speaker 1: Tell us again, the minimum to invest is three hundred
17:15
Speaker 1: and ninety nine dollars. That's right to invest. But listen again, man,
17:21
Speaker 1: I thank you guys man for providing the platform. I
17:24
Speaker 1: think it's extremely important because we are at a we
17:27
Speaker 1: are at an inflection point in social media and technology,
17:31
Speaker 1: and again we got to own these platforms. I'm just
17:34
Speaker 1: you know, I can't stress enough. I see I saw
17:37
Speaker 1: somebody else today they got they got their platform, you know,
17:40
Speaker 1: they got their page taken down and their mad Instagram.
17:43
Speaker 1: And why are we always begging to be on platforms
17:45
Speaker 1: where they really utilize every dance We have, all our music,
17:49
Speaker 1: all our skits, all the things that we have, but
17:51
Speaker 1: we don't have equity in these platforms. And so we
17:54
Speaker 1: can continue to really you know, beg to be included
17:57
Speaker 1: in these platforms. We can build our own, but again
18:00
Speaker 1: and be part of it for the entire planet fan
18:02
Speaker 1: base for everybody to use on the planet globally, I
18:05
Speaker 1: want everybody to join it. We got users in Africa,
18:07
Speaker 1: we got users in England and Australia and in Asia,
18:11
Speaker 1: all over the world, and I got to hop in
18:13
Speaker 1: audio rooms and help people hear people talking in different
18:15
Speaker 1: languages and having conversation and bringing the world together. Audio
18:18
Speaker 1: chat is something that's phenomenal. And we even have something
18:21
Speaker 1: called branded audio Chat that we filed a patent on.
18:23
Speaker 1: So there's a lot of dope things that we're doing
18:25
Speaker 1: that nobody else is doing. I'm gonna continue to do that.
18:27
Speaker 4: I agree with you, you know.
18:28
Speaker 3: You know they treat social media sites the way television
18:31
Speaker 3: networks used to treat black people like they like, you know,
18:34
Speaker 3: the Foxes and the CW's and the upns. They use
18:38
Speaker 3: all the black content to build it up, and once
18:41
Speaker 3: they get it to a certain point, they box us out.
18:44
Speaker 1: Look look what happened on two B. Look look what
18:47
Speaker 1: I mean Ones two B. Black people put all their
18:50
Speaker 1: movies on too B blew it up, and then they
18:53
Speaker 1: switched it like that, they rebranded it. Now it's like
18:56
Speaker 1: they switching. They got all that, they made enough money,
18:58
Speaker 1: they built enough users up, so now they can go
19:00
Speaker 1: run ads, make money and switch the entire nature of
19:03
Speaker 1: the platform a whole rebrand or refresh. They're not gonna
19:06
Speaker 1: start letting those black movies on there anymore. But black
19:08
Speaker 1: culture is really the reason that blew too be up.
19:10
Speaker 1: And again, we do it all the time. We think
19:12
Speaker 1: it's funny. We think it's funny that we bling like,
19:14
Speaker 1: oh my god, these Too B movies are so bad. Yeah,
19:16
Speaker 1: but you're actually adding value to the company. And one,
19:18
Speaker 1: you don't own it. And two, when they're ready for
19:21
Speaker 1: you to go, they'll just switch it up and change
19:23
Speaker 1: the programming and change the style of the app, and
19:25
Speaker 1: then you out of there.
19:26
Speaker 4: Y'all read something like a two days ago.
19:29
Speaker 3: I think it said two B had more viewers last
19:32
Speaker 3: month than Disney Plus and Paramount Plus.
19:34
Speaker 1: And yeah, I mean we did that, though we do
19:38
Speaker 1: that all the time. I mean, what do you think
19:41
Speaker 1: Instagram would be without Black Culture? How much you think
19:43
Speaker 1: would be worth? How much you think TikTok would be
19:45
Speaker 1: worth if we took all the dances, all the music,
19:48
Speaker 1: all the skits. You know, if Funny Marco left and
19:50
Speaker 1: Drew Ski and Kysannot and all these creators were no
19:54
Speaker 1: longer part of these platforms that bring eyeballs to the
19:57
Speaker 1: platform so that they can run ads. I mean, what
19:59
Speaker 1: do you think you platform to be worth. They wouldn't
20:00
Speaker 1: be worth anything. So again, we have to I recognize that,
20:04
Speaker 1: and I think a lot of other people out there
20:05
Speaker 1: recognize that too. So that's one of the reasons why
20:08
Speaker 1: I'm just so adamant about making sure that people understand
20:10
Speaker 1: that we got to start investing and they're gonna keep
20:13
Speaker 1: stripping away DEI. You know, you know, the diversity acry
20:16
Speaker 1: inclusion is under attack. So unless we start funding our
20:18
Speaker 1: own businesses and investing in ourselves, you know what I'm saying,
20:21
Speaker 1: we're gonna be left out. And so this is our shot. Again,
20:23
Speaker 1: I tell everybody, we've never been here before. Don't think
20:26
Speaker 1: about this, Like I tell anybody, download that app. Nothing
20:29
Speaker 1: speaks better for fan base than the app itself. But
20:32
Speaker 1: go to start engine. Look at everything we've accomplished, look
20:34
Speaker 1: at everything that we've been able to do, and I'm
20:36
Speaker 1: telling you'll see for yourself, like this is real. This
20:39
Speaker 1: is a growing platform. Like I said, people like you,
20:42
Speaker 1: Charlemagne that are investors, and so many other people that
20:45
Speaker 1: are part of the platform continue to invest and be
20:47
Speaker 1: a part of it, and we're gonna scale this thing.
20:49
Speaker 1: Fan Base was when I first launched the app, we
20:52
Speaker 1: were valued at twenty million dollars. Now fan base is
20:54
Speaker 1: one hundred and sixty million dollar apps, so it's eight
20:57
Speaker 1: times as valuable as it was when I first raised
20:59
Speaker 1: capital twenty twenty. So I went from twenty million to
21:02
Speaker 1: fifty million to eighty five million to one hundred and
21:05
Speaker 1: sixty million, and so we can scale this thing to
21:07
Speaker 1: a billion dollars. Again, I'm telling people like I even
21:09
Speaker 1: tell people like Costs and not like Yo. I would
21:12
Speaker 1: love to have cost and I have equity and family.
21:13
Speaker 1: We elegine Costana have equity and fan base. He can
21:16
Speaker 1: bring a million people over the fan base probably in
21:17
Speaker 1: a couple of days, and fan maase be a billion
21:19
Speaker 1: dollar platform. We should be leveraging our reach to bring
21:23
Speaker 1: people to platforms that we own. Get some equity first,
21:25
Speaker 1: because again Aiden Ross, Charlotte, Emilio, Brysol, they're getting equity
21:31
Speaker 1: in these startups. Man, they're taking these companies in exiting. Meanwhile,
21:34
Speaker 1: they're cutting checks to academics and they might cut checks
21:36
Speaker 1: to cost not but the bigger players to have equity
21:38
Speaker 1: in these platforms and make sure you got money. You
21:40
Speaker 1: know what I'm saying that that the long game is
21:42
Speaker 1: really the ownership. And when these platforms scale, tell.
21:45
Speaker 4: The people where to go again to invest in fan.
21:47
Speaker 1: Base, start engine, dot com slash fan base. Come on in.
21:52
Speaker 1: We're raising seventeen million dollars on start Engine. The minimum
21:55
Speaker 1: to invest is three hundred and ninety nine dollars. We
21:57
Speaker 1: love to have you on the cap table, download the apps,
22:00
Speaker 1: ye share with the friend. Remember this is you have
22:02
Speaker 1: the ability to increase the value of the assets you
22:04
Speaker 1: own by simply using it. So once you got shares
22:07
Speaker 1: and fan Base, tell a friend, tell them to invest,
22:09
Speaker 1: and then we raise the value of the platform and
22:11
Speaker 1: scale this team to a billion dollar company, a ten
22:13
Speaker 1: billion dollar company, one hundred billion dollar company, and we
22:16
Speaker 1: exit again. I said, I can't wait to be standing
22:18
Speaker 1: in a room full of twenty five thousand people that
22:21
Speaker 1: invest in fan Base in twenty thirty possibly and we
22:24
Speaker 1: exit the company. And this is the largest distribution of
22:27
Speaker 1: black wealth ever And we can do this. This is
22:29
Speaker 1: not this is not impossible, This is totally doable that
22:32
Speaker 1: people can buy shares, we can raise the value of
22:35
Speaker 1: this company, exit this company, and then we can do
22:37
Speaker 1: it again for another company, and then then start up
22:39
Speaker 1: in another business and keep doing this over and over
22:41
Speaker 1: and over again. Before we didn't have an opportunity to
22:43
Speaker 1: do this. The Jobs Act, which is what I used
22:45
Speaker 1: to raise capital, has only been around since twenty fifteen,
22:48
Speaker 1: and it really got popping in like twenty nineteen. So
22:51
Speaker 1: that's the reason why, you know what I'm saying, I'm
22:52
Speaker 1: so heavy on this, all right, my guy.
22:55
Speaker 2: Appreciate you, brother.
22:57
Speaker 1: Thank you, guys man, appreciate your.
22:59
Speaker 2: Third fan base. It is the breakfast Club. Good morning,
23:01
Speaker 2: wake that ass up in the morning.
23:04
Speaker 1: The breakfast Club. M hm.