- Mar 21, 2010
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Oh...so 'Ye needs ten figures to acquire the infrastructure to do a creative startup? Then I guess there's no hope for any of us then...and I guess the vast majority these startups we're seeing today are just mirages...and brands of the past started by non-billionaires such as Rocawear, G-Unit Clothing, and BBC/Ice Cream must just be fabrications of my imagination.
Regarding what he said about needing a billion dollars to "guarantee his daughter a job," y'all actually buy that? Not even going into the merits/pitfalls of spoiling your kid to the point of guaranteeing him/her for a job that he/she might not want--you don't think 'Ye and Kim already have enough influence to line up a job for North? Not even talking about Donda/RocNation/etc., you don't think she can get a job at Def Jam/Atlantic whenever she wants? If you really think you need a billion dollars to guarantee your kid a job or protect him/her from paparazzi, I'm at a loss for words.
Also, does anyone actually believe that whatever pieces he eventually has pricing control over will be priced for the masses? I laugh at the thought of someone who only wears the most exclusive pieces designing products for the masses. I applaud his ambition to reach a certain level of influence and financial success--as a member of the 1% striving for ever greater heights, it would be hypocritical for me to hate on that--but I don't applaud his masquerading as a "man of the people" when his history shows the complete opposite.
Cool i suppose rocawear and g-unit clothing used the same fabrics that a gucci, or a Balenciaga uses?... they are in the same stores, they are produced in the same places, they use the same designers, command the same money from where they're promoted at.
All of these high end designer brands aren't priced at such ridiculous prices simply due to hype... materials are different and knowing several people who are going to school for tailoring & design top quality fabrics can be immensely expensive.
As far as the point about north west that's just another example of Ye not being able to properly articulate what he was trying to get across. After he made that statement he went on to talk about how blacks don't have a systematic structure as far as wealth goes. Meaning even at his current value a few bad moves can easily send him falling and he realizes that.
All i got from this comment is that he wants to set up a stable COLLECTION of people around him who can generate money to last generations. Exact reason why Jay-z started Roc Nation management... money doesn't last forever and we are in a age right now where 100-200 mill can be gone in 1-2 generations. That is what Ye is trying to accomplish by doing these moves not only stability for his daughter but for EVERYONE around him to continue to grow and build a dynasty of sorts for years to come.
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