Robinhood IPO, Kanye West’s Stadium antics & Billie Eilish’s new album
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Happy Friday everyone!
It’s been an eventful week in the music industry, with Billie Eilish finally dropping her 3rd studio album ‘ Happier Than Ever’, earlier today, which has probably been off the back of her most controversial year yet.
Right from losing more than 100,000 followers on Instagram (still sitting at a sweet 88.3 Million) earlier this year for some offensive drawings posted online, to old videos resurfacing of her engaging in racial slurs against the Asian community, it has been a tough ride leading up to the release of this album.
However, not all is lost, and her album remains the talk of the town in new music dropping this week, with it already breaking the record for the most number of pre-release downloads on Apple Music, crossing the 1 Million mark set by The Weeknd in 2020 📈
Nas and Snoop Dogg hit gold with Robinhood IPO 💰
Elsewhere, Robinhood, the low-brokerage wildly popular stock trading platform in the US, went public yesterday, with its shares listing for $38 apiece (and falling 8% in a single day).
While Twitter was full of jokes of Venture Capitalists claiming to be a part of Robinhood’s early fund-raise rounds and making a lot of money, there were two unlikely candidates in that conversation.
Nasir ‘Nas’ Jones and Snoop Dogg 🔥
That’s right.
Multiple Grammy winners and platinum album record-holders, hip-hop legends Nas and Snoop Dogg were part of the Series A round of Robinhood’s fundraise, investing in it at a throwaway price of $0.20 a share, back in 2014.
That’s a 190x return in 7 years. Not bad right?
Nas and Snoop have been known to be aggressive investors in Tech Startups, with Nas also an early investor in Coinbase, the cryptocurrency trading platform which went public earlier this year, with Forbes claiming his stake to be roughly around $40 Million, off the back of a typical $100k-$500k check that his investing firm QueensBridge Ventures puts in. (source)
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Kanye West living inside a stadium 😳
Last week, we spoke about Kanye West amazing fans with a listening party of his new album ‘Donda’ at the Mercedez Benz stadium in Atlanta, only to end up not dropping the album over the weekend.
Guess what? There is an official release date.
Responding to visibly irate fans, his management team confirmed that the rapper is expected to drop the new album on 6th August, i.e, next weekend, with the reasons cited for the delay being that he wants the product to be perfect before shipping it.
While Kanye is no stranger to pushing back release dates, this time around, he has yet again managed to top himself.
He isn’t leaving the Mercedes Benz stadium till he is done 🤯
In what was a shocking revelation for fans, Kanye posted pictures on Instagram of his personal quarters, INSIDE the stadium, with it drawing hilarious comparisons online to a college dorm room and studio apartments in NYC.
Can you tell that this guy is a Billionaire? 😅
However, Kanye seems to be having a ball.
He was pictured watching Atlanta United’s game- the Major League Soccer team based out of the city, with fans in the stands, wearing the same outfit from his listening party.
Just when you think he couldn’t get any more weird right? 😅
Originally published at https://incentify.substack.com.
