InvestorsHub Logo
Followers 3
Posts 205
Boards Moderated 0
Alias Born 06/02/2009

Re: Germboy post# 22280

Wednesday, 02/03/2010 2:31:52 PM

Wednesday, February 03, 2010 2:31:52 PM

Post# of 27745
You're very welcome. I'm happy to answer any sincere, honest questions.

One other thing that I learned but forgot to mention. You have to have a huge war chest in order to play in the digital music space. These days about $15-$20 million just to get launched, maybe more in some cases. This is why it is extremely difficult and only the big boys can step up, like Apple and Amazon. That is why so many investors won't fund independent music start-ups. Especially those that have been trying to launch for an extended period to no avail. That was one of the Mashboxx problems and its still a valid concern today.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.