[kj] Band funding

[sade1]

> ...   a..band who funded it's last album by selling shares. Would you 

> buy shares in KJ? 

 
Brendan can set up the IPO with say, oh, 7 million shares/cds, Goldman Sachs can underwrite the whole thing and I'll invent the requisite hedge-funds n' all the credit-default swaps and all the derivatives. We'll clean up huge! Everyone wanna see a bubble? The cd prices will reach $419.99/disc and vinyl records $1,643 each, payable in gold! After the cd drops, who knows... Killing Joke will be too big to fail, for once!
Once the prices peak at about $528disc/$2,137vinyl I'll set up the short-sale; we'll clean up again!! We'll become so rich I think we can buy the band itself at that point and send them around every day to different shareholders' houses and have them play in the living room or in the parlor after dinner and cigars. 
 
Cheers!
 
 
 
 
 
From: Brian Whitehead <bawhitehead at gmail.com>
To: Gathering <gathering at misera.net>
Sent: Wednesday, September 21, 2011 6:16 AM
Subject: [kj] Band funding



Talking about the Pledge funding thing I came across this about a German band who funded it's last album by selling shares.
Would you buy shares in KJ? Would Jaz see this as ethically wrong?

"The German band Angelica Express financed its last album by selling “shares” to fans. 
They issued 500 “shares” at 50 Euros each (which sold out in record time and came with a detailed plan of how the money would be spent). With those 25,000 Euros, the band financed the recording of their album, the album artwork, the manufacture of the actual CDs, and the accompanying promotion.
Not only do the people who signed up for the shares get the new album but in return they also receive 80% of the earnings."Brian. 
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