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Celeb News: Music app Nicki invested in is exploding
Member Since: 11/7/2011
Posts: 10,399
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Music app Nicki invested in is exploding
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Music Messenger, co-founded by Israeli entrepreneur O.D. Kobo and launched seven months ago, said on Tuesday Abramovich had invested $15 million.
Other backers included Benny Andersson from pop band ABBA, artists David Guetta, Will.i.am and Avicci, and Gee Roberson, manager of Nicki Minaj, who is also an investor.
Music Messenger allows users to create multiple playlists and send music to each another's mobile phones for free. It is widely used as a promotional tool by the music industry as users get introduced to many songs.
The company has raised $35 million in total and is valued at more than $100 million, it said.
The app is attracting 1 million new users per month and is available in 10 different languages.
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http://www.reuters.com/article/2015/...0NC1BI20150421
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The app, ad-free -- Strauss references WhatsApp and its use of the Fight Club koan, "advertising has us chasing cars and clothes, working jobs we hate so we can buy **** we don’t need" -- makes money through iTunes Store referrals and -- now that they count Nicki Minaj and Tiesto among their backers -- partnerships with the creative industry. "I'm in London to meet with one of the big labels, who want to use the app to promote this band's new album. They want to push it on Music Messenger because it gets distributed faster."
Asked about drawing such rarefied attention, Strauss exclaims: "We didn't do anything!"
"It's been a weird... it's just the beginning. For all i know we could all go bust in year," he says, laughing like a man with newly deep pockets.
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https://www.billboard.com/articles/b...man-abramovich
The only female investor mentioned  get money bih. Tidal who?
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Banned
Member Since: 3/3/2012
Posts: 13,073
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I came here rushing, I thot this was about her T&A
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Member Since: 4/24/2011
Posts: 17,221
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LMAO raising = receiving funding, not actual revenue
The app isn't generating revenue yet.
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Member Since: 2/25/2012
Posts: 9,540
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Doesn't that say Gee Roberson, her manager, is an investor?
reading comprehension is key girls
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Member Since: 6/30/2012
Posts: 19,226
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ATRL Contributor
Member Since: 8/19/2013
Posts: 18,655
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Quote:
Originally posted by Lambo.
Doesn't that say Gee Roberson, her manager, is an investor?
reading comprehension is key girls
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No it's actually saying that she's an investor as well, which is being reported by other sources as well.
Quote:
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The Series A reached $5 million from top artists in the electronic dance music (EDM) and urban communities, as well as managers and executives including: David Guetta, Tiesto, Avicii, Nicki Minaj, Sebastian Ingrosso, Dave Holmes (manager of Coldplay), Ash Pournouri (manager of Avicii and Cazzette), Wayne Barrow (manager of Miguel, J. Cole, former manager of Notorious BIG), John Engelbert, and JC Carre (business partner of David Guetta).
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http://www.forbes.com/sites/ilyapozi...enter-stage/2/
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Member Since: 11/7/2011
Posts: 10,399
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Quote:
Originally posted by Lambo.
Doesn't that say Gee Roberson, her manager, is an investor?
reading comprehension is key girls
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Quote:
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makes money through iTunes Store referrals and -- now that they count Nicki Minaj and Tiesto among their backers -- partnerships with the creative industry. "I'm in London to meet with one of the big labels, who want to use the app to promote this band's new album. They want to push it on Music Messenger because it gets distributed faster."
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They're both investors
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Member Since: 2/25/2012
Posts: 9,540
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Quote:
Originally posted by JayRockafella
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clock me
the way it was worded in the article in the OP made it seem like it was only Gee.
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Member Since: 8/9/2012
Posts: 18,572
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Wow, what a smart investor! Guess even the best make mistakes sometimes...
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Member Since: 9/3/2011
Posts: 6,062
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Quote:
Originally posted by Lambo.
Doesn't that say Gee Roberson, her manager, is an investor?
reading comprehension is key girls
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Quote:
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Gee Roberson, manager of Nicki Minaj, who is also an investor.
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Ironic.
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Member Since: 3/25/2012
Posts: 10,076
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Queen of investing in music apps.
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Member Since: 11/7/2011
Posts: 10,399
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Quote:
Originally posted by Katy.Kat.23
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Member Since: 2/25/2012
Posts: 9,540
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Quote:
Originally posted by Katy.Kat.23
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you realize the way the sentence is structured it says "Gee Roberson, Nicki's manager, is also an investor".
It's structured in a way that's unclear and has two appositive phrases right after each other.
Get an education.
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Member Since: 4/12/2011
Posts: 3,104
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"tidal" hasn't even been out for like three months and y'all are already calling it a flop. my goodness.
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Member Since: 3/6/2014
Posts: 13,604
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Quote:
Originally posted by Vlad Spears
"tidal" hasn't even been out for like three months and y'all are already calling it a flop. my goodness. |
There are news sources already calling it a flop too. 
Yet its helping Spotify, not itself. 
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Member Since: 4/12/2011
Posts: 3,104
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Quote:
Originally posted by LovingYourCareer
There are news sources already calling it a flop too.
Yet its helping Spotify, not itself. |
yeah because in this day and age if something doesn't automatically take off people deem it as a flop 
tidal hasn't had a chance to work out the kinks, roll out the rest of their exclusives or whatever else they have up their sleeves lol. not everything excels straight from it's rollout, you have to be patient lol
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ATRL Contributor
Member Since: 3/13/2011
Posts: 9,521
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David Guetta and his business partner run a portfolio of investments that Nicki Minaj is part of.
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Member Since: 3/15/2013
Posts: 14,823
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Member Since: 3/19/2011
Posts: 4,903
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Quote:
Originally posted by Lambo.
you realize the way the sentence is structured it says "Gee Roberson, Nicki's manager, is also an investor".
It's structured in a way that's unclear and has two appositive phrases right after each other.
Get an education.
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We learn that Gee Robertson is an investor from the start of the sentence where they list the others, but I'm sleep 
Never heard of this service! lemme check it out real quick
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Member Since: 8/31/2012
Posts: 13,110
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Music Messenger has only been out for a few months and already has 4x as many users as TIDAL 
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