Ars

4y

Mod Selection - How many units is it really selling, profit margins are thin. Space is competitive, don't believe me? See Virginia Black.
Virginia Black - 30k cases sold in 2016. Connor Mcgregors line sold 12 million cases this year, 40000% more than Drizzy.
Caffeine Live Stream app - Startups are rarely profitable, is it even worth anything?
OVO Sound- Not sure how their deal structured but can't imagine this is a lot of money.
OVO Clothing - Supreme was worth a billi in 2016, I would feel like it's fair to pin the worth of this at 50mil? I feel confident that supreme is 20 times bigger than OVO clothing, that's being very generous to OVO. So 50 mil divided by Drake? Oliver?
More Life Weed - It's been months since this announced and we've yet to see anything from it. Marijuana isn't easy to distribute like a Hershey's bar.
Better World Fragrance House - Who's really gonna buy candles from Drake when there's Diptique and Le Labo around...
Nike Collaboration - CLB/Forza will be the first test. He made jack s*** off releasing a total of probably <5k shoes.
Raptors Ambassador - This is more of a pride thing, I doubt he would take home money from the organization, and if he does it's high 6 figures...
Dreamcrew Film & TV - Not sure how much money can be made in the movie industry by simply financing shows you like.
Quilted Diamonds (whatever that is)
Matchabar Green Energy Drink - Got investments in 2018 and hasn't been bought out and I honestly didn't know this product existed.
Players Lounge Betting - Their funding round was $3M, if drake was 10% of that round, and the company doubled in value, that's $600k. Nice.
Mars Reel Media Company
Uninterrupted Canada (Lebron) - A media company doing what? Eventual profits have to get split by Warner, Turner, Maverick Carter, Lebron James?
100 thieves - 100T isn't profitable, and probably won't be for a long time, only return here is from suceeding rounds raising his investments value, then eventually he can sell his shares. 100T currently worth 125M, again I find it hard pressed that he's invested any more than $5M considering the biggest are worth BILLIONS and they have money from prestigious hedgefunds.
SiriusXM Pandora - They announced a "deal" where they had a station playing his music. This can't be worth that much.
NTWRK - Potential return is a buyout from Shopify or smthng. Unlikely, company is unprofitable at it's current stage.
TOURLIFE - His tour merch is objectively ugly and doesn't sell well. See Travis, Kanye sales, they're bringing in numbers.
Pick6 - lmao this place closed if anything he lost money here.

All in all his sources of revenue are thin. Music and Tours. Hopefully he can expand that like Travis but without having to sellout.
Edit: OVO Clothing can't really be sold so he's only pocketing off of profits, and with the small quantity release, and expensive yet expanding real estate adding overhead can't be too good.

Ars

4y

Mod Selection - How many units is it really selling, profit margins are thin. Space is competitive, don't believe me? See Virginia Black.
Virginia Black - 30k cases sold in 2016. Connor Mcgregors line sold 12 million cases this year, 40000% more than Drizzy.
Caffeine Live Stream app - Startups are rarely profitable, is it even worth anything?
OVO Sound- Not sure how their deal structured but can't imagine this is a lot of money.
OVO Clothing - Supreme was worth a billi in 2016, I would feel like it's fair to pin the worth of this at 50mil? I feel confident that supreme is 20 times bigger than OVO clothing, that's being very generous to OVO. So 50 mil divided by Drake? Oliver?
More Life Weed - It's been months since this announced and we've yet to see anything from it. Marijuana isn't easy to distribute like a Hershey's bar.
Better World Fragrance House - Who's really gonna buy candles from Drake when there's Diptique and Le Labo around...
Nike Collaboration - CLB/Forza will be the first test. He made jack s*** off releasing a total of probably <5k shoes.
Raptors Ambassador - This is more of a pride thing, I doubt he would take home money from the organization, and if he does it's high 6 figures...
Dreamcrew Film & TV - Not sure how much money can be made in the movie industry by simply financing shows you like.
Quilted Diamonds (whatever that is)
Matchabar Green Energy Drink - Got investments in 2018 and hasn't been bought out and I honestly didn't know this product existed.
Players Lounge Betting - Their funding round was $3M, if drake was 10% of that round, and the company doubled in value, that's $600k. Nice.
Mars Reel Media Company
Uninterrupted Canada (Lebron) - A media company doing what? Eventual profits have to get split by Warner, Turner, Maverick Carter, Lebron James?
100 thieves - 100T isn't profitable, and probably won't be for a long time, only return here is from suceeding rounds raising his investments value, then eventually he can sell his shares. 100T currently worth 125M, again I find it hard pressed that he's invested any more than $5M considering the biggest are worth BILLIONS and they have money from prestigious hedgefunds.
SiriusXM Pandora - They announced a "deal" where they had a station playing his music. This can't be worth that much.
NTWRK - Potential return is a buyout from Shopify or smthng. Unlikely, company is unprofitable at it's current stage.
TOURLIFE - His tour merch is objectively ugly and doesn't sell well. See Travis, Kanye sales, they're bringing in numbers.
Pick6 - lmao this place closed if anything he lost money here.

All in all his sources of revenue are thin. Music and Tours. Hopefully he can expand that like Travis but without having to sellout.
Edit: OVO Clothing can't really be sold so he's only pocketing off of profits, and with the small quantity release, and expensive yet expanding real estate adding overhead can't be too good.

Ars

4y

Mod Selection - How many units is it really selling, profit margins are thin. Space is competitive, don't believe me? See Virginia Black.
Virginia Black - 30k cases sold in 2016. Connor Mcgregors line sold 12 million cases this year, 40000% more than Drizzy.
Caffeine Live Stream app - Startups are rarely profitable, is it even worth anything?
OVO Sound- Not sure how their deal structured but can't imagine this is a lot of money.
OVO Clothing - Supreme was worth a billi in 2016, I would feel like it's fair to pin the worth of this at 50mil? I feel confident that supreme is 20 times bigger than OVO clothing, that's being very generous to OVO. So 50 mil divided by Drake? Oliver?
More Life Weed - It's been months since this announced and we've yet to see anything from it. Marijuana isn't easy to distribute like a Hershey's bar.
Better World Fragrance House - Who's really gonna buy candles from Drake when there's Diptique and Le Labo around...
Nike Collaboration - CLB/Forza will be the first test. He made jack s*** off releasing a total of probably <5k shoes.
Raptors Ambassador - This is more of a pride thing, I doubt he would take home money from the organization, and if he does it's high 6 figures...
Dreamcrew Film & TV - Not sure how much money can be made in the movie industry by simply financing shows you like.
Quilted Diamonds (whatever that is)
Matchabar Green Energy Drink - Got investments in 2018 and hasn't been bought out and I honestly didn't know this product existed.
Players Lounge Betting - Their funding round was $3M, if drake was 10% of that round, and the company doubled in value, that's $600k. Nice.
Mars Reel Media Company
Uninterrupted Canada (Lebron) - A media company doing what? Eventual profits have to get split by Warner, Turner, Maverick Carter, Lebron James?
100 thieves - 100T isn't profitable, and probably won't be for a long time, only return here is from suceeding rounds raising his investments value, then eventually he can sell his shares. 100T currently worth 125M, again I find it hard pressed that he's invested any more than $5M considering the biggest are worth BILLIONS and they have money from prestigious hedgefunds.
SiriusXM Pandora - They announced a "deal" where they had a station playing his music. This can't be worth that much.
NTWRK - Potential return is a buyout from Shopify or smthng. Unlikely, company is unprofitable at it's current stage.
TOURLIFE - His tour merch is objectively ugly and doesn't sell well. See Travis, Kanye sales, they're bringing in numbers.
Pick6 - lmao this place closed if anything he lost money here.

All in all his sources of revenue are thin. Music and Tours. Hopefully he can expand that like Travis but without having to sellout.
Edit: OVO Clothing can't really be sold so he's only pocketing off of profits, and with the small quantity release, and expensive yet expanding real estate adding overhead can't be too good.

bobby j

4y

· edited

I read the news everyday and I’ve never heard of at least 75% of the companies you listed

freekodak

4y

I for sure am not sayin he broke or not killin it rn. But it feels like with all the hits and pure celebrity this nigga has it would already be way higher. He really need that big break to sky rocket his nw like 50 had with vitamin water you feel me?

What do you guys see in his future in terms of business ventures? Any big moves. Trav is out here slapping his name on McDoubles, I don’t see drake doing anything that shameless but he has such a strong brand I wanna see him jump in on something.

He’s so close with the raps you would think he would be able to leverage that into something. And of course the Nike deal, clothing line, label, and VB, but those are kinda blue ship rapper business venture.

Nigga needs like his own 99 cent ice tea like Arnold Palmer.

What do you guys think we’ll see on drizzys business side the next 3-5 years??

ForAllTheHooligans

4y

Just from his past Tours, Albums, Monster Hits and Feature money, it’s definitely passed or at the half a billi mark. Even if he isn’t completely independent, which if I’m not mistaken he owns his stuff now... All the net worth websites including Forbes have had him at $150m for a long while now. A lot celebrities don’t turn in numbers, Drake is known for keeping his deals private, only to later brag in songs. I think WTSW line would make a lot of sense. He made his money and fell back into Toronto. Him and his team are smart people, so I’m sure there’s more than what meets the eye. Dude has a Private Boeing, they finessed from Cargo Jet. Now thinking about it, the Embassy Mansion, is the cost of his supposed net worth.
Lol the numbers are definitely off.

Ars

4y

Mod Selection - How many units is it really selling, profit margins are thin. Space is competitive, don't believe me? See Virginia Black.
Virginia Black - 30k cases sold in 2016. Connor Mcgregors line sold 12 million cases this year, 40000% more than Drizzy.
Caffeine Live Stream app - Startups are rarely profitable, is it even worth anything?
OVO Sound- Not sure how their deal structured but can't imagine this is a lot of money.
OVO Clothing - Supreme was worth a billi in 2016, I would feel like it's fair to pin the worth of this at 50mil? I feel confident that supreme is 20 times bigger than OVO clothing, that's being very generous to OVO. So 50 mil divided by Drake? Oliver?
More Life Weed - It's been months since this announced and we've yet to see anything from it. Marijuana isn't easy to distribute like a Hershey's bar.
Better World Fragrance House - Who's really gonna buy candles from Drake when there's Diptique and Le Labo around...
Nike Collaboration - CLB/Forza will be the first test. He made jack s*** off releasing a total of probably <5k shoes.
Raptors Ambassador - This is more of a pride thing, I doubt he would take home money from the organization, and if he does it's high 6 figures...
Dreamcrew Film & TV - Not sure how much money can be made in the movie industry by simply financing shows you like.
Quilted Diamonds (whatever that is)
Matchabar Green Energy Drink - Got investments in 2018 and hasn't been bought out and I honestly didn't know this product existed.
Players Lounge Betting - Their funding round was $3M, if drake was 10% of that round, and the company doubled in value, that's $600k. Nice.
Mars Reel Media Company
Uninterrupted Canada (Lebron) - A media company doing what? Eventual profits have to get split by Warner, Turner, Maverick Carter, Lebron James?
100 thieves - 100T isn't profitable, and probably won't be for a long time, only return here is from suceeding rounds raising his investments value, then eventually he can sell his shares. 100T currently worth 125M, again I find it hard pressed that he's invested any more than $5M considering the biggest are worth BILLIONS and they have money from prestigious hedgefunds.
SiriusXM Pandora - They announced a "deal" where they had a station playing his music. This can't be worth that much.
NTWRK - Potential return is a buyout from Shopify or smthng. Unlikely, company is unprofitable at it's current stage.
TOURLIFE - His tour merch is objectively ugly and doesn't sell well. See Travis, Kanye sales, they're bringing in numbers.
Pick6 - lmao this place closed if anything he lost money here.

All in all his sources of revenue are thin. Music and Tours. Hopefully he can expand that like Travis but without having to sellout.
Edit: OVO Clothing can't really be sold so he's only pocketing off of profits, and with the small quantity release, and expensive yet expanding real estate adding overhead can't be too good.

Sauga City 6ixx

4y

I was always bothered by this too like his net worth is wrong or something drake should be atleast worth a good 400 million right now

bobby j

4y

· edited

I read the news everyday and I’ve never heard of at least 75% of the companies you listed