4 ms·
How does Rap Genius make money?
by canadev 13y ago
How does Rap Genius make money?
- huffman 13y agothey don't edit: they ask for it
- sillysaurus 13y agoReally? Zero money? I think your comment would be better if it were better-substantiated. Or any substance at all.
- sp332 13y agoAs of 2011: http://thenextweb.com/apps/2011/09/03/why-the-music-industry-wants-a-piece-of-lyrics-site-rap-genius/ http://thenextweb.com/apps/2011/09/03/why-the-music-industry... By placing advertisements on their site, Rap Genius could generate significant revenue, with Web traffic that would make almost any content-driven site green with envy. Lots of other avenues are open for turning the site into a business. A premium version of the site is one possibility. Creating sponsored pages, where musicians or labels generate activity around new album releases and other content. There have been discussions with an agent to pitch network Comedy Central the idea of a Rap Genius television show, which could be similar to Mystery Science Theater 3000. So no monetization strategy has (had?) actually been deployed yet.
- eightyone 13y ago"Today at TechCrunch Disrupt, the Rap Genius founders told me they plan to monetize by building installation of their site for big companies and government agencies. Biz Genius is coming." http://techcrunch.com/2013/05/01/rap-genius-enterprise/ http://techcrunch.com/2013/05/01/rap-genius-enterprise/
- jaynos 13y agoThat is, for lack of a better word, "genius". The Warren Buffet example is interesting in terms of background, but this idea would be even better for "translating" from legalese to something that an average person could understand.
- eightyone 13y agoImagine if every government bill was annotated or available online for the public/scholars to annotate. This would be really cool for terms of service, as well.
- simonw 13y agoIt looks like they sell equity to investors for cash. This is a perfectly reasonable startup business model, provided you have a good potential to make money in the future.
- OGC 13y ago1. start project 2. sell equity 3. ??? 4. profit Did i get that right?