Now this is just crazy! I expect that $27.5 billion is the gross figure though..! $14 million debts on his part are not so good either thoughSAN FRANCISCO - MC Hammer hasn't topped the music charts since the early 1990s, but the former rap star says he has another hit in him — only this time around he'll produce it as a Silicon Valley entrepreneur.
Hammer, whose real name is Stanley Burrell, is choreographing a new career as co-founder and chief strategy officer of Menlo Park-based DanceJam.com.
The Web site, scheduled to debut in mid-January, will try to upstage YouTube and become the Internet's hub for sharing and watching dance videos. DanceJam then hopes to make money by grabbing a piece of the rapidly growing Internet advertising market, which is expected to rake in $27.5 billion in 2008, according to eMarketer.
If the business pans out, DanceJam could help Hammer compensate for losing his fortune when he went bankrupt in 1996 with nearly $14 million in debts.
M.C. Hammer Endorses it ... it must work ...
Last edited by jsnipy (2008-01-02 10:32:52)
He is going to screw up so hard and be in debt to his investors.
Competing with youtube is like competing with google (in more ways than one)
Competing with youtube is like competing with google (in more ways than one)
Last edited by Aries_37 (2008-01-02 10:27:17)
MC Hammer = business GOLD.
Actually competing with youtube is competing with Google.Aries_37 wrote:
He is going to screw up so hard and be in debt to his investors.
Competing with youtube is like competing with google (in more ways than one)
Indeed, hence the 'in more ways than one'jsnipy wrote:
Actually competing with youtube is competing with Google.Aries_37 wrote:
He is going to screw up so hard and be in debt to his investors.
Competing with youtube is like competing with google (in more ways than one)
He's not just trying to get a piece of a market monopolized by the media-streaming juggernaut (youtube), he's trying to get a piece of a market monopolized by said juggernaut who also happens to be owned by the most powerful internet entity (google).
Sucks to be him
ohhh the irony!!!jsnipy wrote:
Actually competing with youtube is competing with Google.Aries_37 wrote:
He is going to screw up so hard and be in debt to his investors.
Competing with youtube is like competing with google (in more ways than one)
lmfao
After his 90's success, he filed for bankruptcy and lost most of his possessions. who ever those investors are, I'd like to make a srs bidness proposition....a console game called the Z-Box. It is better than the X-box cuz it is one letter higher than x. GENIUS!!!!
Must leave room for a more expensive version, so I propose Y-Box for now.loubot wrote:
After his 90's success, he filed for bankruptcy and lost most of his possessions. who ever those investors are, I'd like to make a srs bidness proposition....a console game called the Z-Box. It is better than the X-box cuz it is one letter higher than x. GENIUS!!!!
kylef wrote:
Must leave room for a more expensive version, so I propose Y-Box for now.loubot wrote:
After his 90's success, he filed for bankruptcy and lost most of his possessions. who ever those investors are, I'd like to make a srs bidness proposition....a console game called the Z-Box. It is better than the X-box cuz it is one letter higher than x. GENIUS!!!!
Or we could have the z-box, z-box 360, z-box 360 elite, z-box 360 elite with viva pinata faceplate etc etc...