2 ms·

>> it's obviously preferable to get paid for the entire tour on the day it's announced > it's only obvious to "private equity" type people. I mean, who wouldn

by toast0 1y ago

>> it's obviously preferable to get paid for the entire tour on the day it's announced > it's only obvious to "private equity" type people. I mean, who wouldn't look at their current expenses, look at their future cashflow, and be like hey, it would sure be nice to be paid today for work I'll do over the next year? Venues need deposits (maybe), transportation needs deposits, set builders need materials, marketing needs budget, merchandise production needs to pay vendors, etc. Insurance needs to be purchased. It all adds up to it'd be nice to have ticket sales money sooner rather than later.

dataflow 1y ago
> I mean, who wouldn't look at their current expenses, look at their future cashflow, and be like hey, it would sure be nice to be paid today for work I'll do over the next year? Venues need deposits (maybe), transportation needs deposits, set builders need materials, marketing needs budget, merchandise production needs to pay vendors, etc. Insurance needs to be purchased. This sounds just like taking out a loan. That money isn't really yours until you do the work. How different is the outcome here vs. taking out a loan for the same purpose, then? Is it cheaper?