I'm waiting for you to admit you're a Jay hater. There's no objectivity in your argument. You argue like have a personal stake in whether one is successful or fails.
Literal or figurative, you're implying he hops on trends. I'm implying he starts them or has the foresight to see them arise. He realized branding was the next big wave in business and leveraged it to increase his revenue and build relationships.
- Bought an ownership stake in a team. Even if it was 1%, it allowed him to say he owned a team and it opened doors for him. It's the very reason Kanye keeps saying he's a billionaire when he's not. Inflating your value opens doors for you. This is done the square business world all of the time.
- Bought several liquor brands before anyone.
- Was one of the first rappers to have his own clothing brand.
- He popularized rappers having their own shoe.
- He owned his own high end nightclub before anyone else.
- He invested in Uber before it blew up.
- He's invested in recreational weed.
- He retrieved his own masters.
- He bought Tidal.
Not saying Jay is a business genius, I'm just saying he's not lucky. Dame is crucial to Jay's initial success, but you seem to think Dame would be alright without Jay...this is simply not the case and has been evidenced before and after Jay. Dame used to manage Mase and he couldn't blow up Mase and I think Cam? They both needed each other and it was a right place right time for both of them. To say otherwise is simply hating which you're failing to acknowledge you are doing.
Lol, I don't hate your idol. Jay's name only came up because people use his achievements to question Dame's credentials when it doesn't really take away from Dame's gifts as a man.
Granted Dame hasn't had Kanye's success due to being blackballed. But I can draw a parallel (in ingenuity context) between Dame and Jay by using Jordan and Kanye in the sneaker business. Jordan has achieved so much success with his Jordan brand off his GOAT status in the NBA without doing anything per say since he retired while Kanye built his Yeezy brand with his ingenuity. So, if I were to say, Jordan has been coasting while Kanye is the savvy one - it doesn't mean I hate Jordan since I'm just stating the obvious.
None of the simplistic/generic things you listed are the "next big wave" - they're the bare minimum anyone with money and financial adviser would do. And there's absolutely nothing innovative about them from a business perspective. You sound like the type that would call Meek Mill a genius in 5 yrs' time because he announced his next mixtape would be sold as NFTs, lol.
a. Jay's ownership stake with the Nets was a meagre 1/15th of 1% and I believe he was gifted the stake to act as a face from where they were planning to build Barclays Center - to help defuse the tensions with the low income residents who're protesting against it. A black token gift, at the expense of poor/vulnerable/disadvantaged people isn't some next big wave in business.
b. Wasn't Lil Jon the first to invest in Grey Goose? Jay doing the same with Ace of Spades after getting shunned by Cristal despite making them rich doesn't say much. He just copied Lil Jon and leveraged his starpower.
c. Wutang started clothing line (I'm sure they had footwear as well) in hip hop. And Rocawear started later with Jay, Dame and Biggz. So, it would be dishonest to give Jay all the credit.
d. Nightclub, Uber and Weed are generic things. You sound like the type that would call John Doe doing a 9-5 job who invested in stocks or crypto a business genius.
e. He was the president of Def Jam and he'd be a fool not to buy his own masters back.
f. I'd give him credit for the Tidal purchase and flipping tho.
Anyway, you're very impressionable and a good snake oil salesman would do a job on you (and the rest of Jay stans), lol. But I don't hate Hov (I have him in my top-5) - the man isn't what most of you claim he's, when it comes to business savviness. I can celebrate his wealth accumulation since he's a black man and still think there's no ingenuity in how he accumulated his wealth. Both aren't mutually exclusive and it definitely doesn't infer that I hate the man