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Master P Advocates For Black Public Companies After Clubhouse Reaches $1 Billion Investment

Clubhouse has hit a new high, but Master P wants Black entrepreneurs to own a company that does the same. When Clubhouse was first introduced to the music industry during the…

Clubhouse has hit a new high, but Master P wants Black entrepreneurs to own a company that does the same.

When Clubhouse was first introduced to the music industry during the tail end of 2020, many were fascinated with the new social platform. Many artists, managers, and industry executives have taken advantage of the app by sharing information and by simply connecting with the initial thousands and now million users on the app.

Although the platform is still in beta mode, it has reached a value of $1 billion. Music executive and entrepreneur extraordinaire Master P recently shared his thoughts on Clubhouse’s latest value.

“I keep telling people, we go on Clubhouse, we making another one of them a billionaire,” said the No Limit founder. “We just did it. Just for Clubhouse. We need to create stuff like that where we control the narrative and we’re able to put the money back in our community and our culture.

Clubhouse now valued at $1 billion.
Master P had just said we made it worth a B. pic.twitter.com/iFmXvClBW6
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— Dan Runcie (@RuncieDan) January 23, 2021

“If one of us did that, we would be saying, ‘Nah, I don’t think that’s gonna work. Why would you call it Clubhouse? It’s not a club.’ We come up with all different types of excuses. Nobody cared. Everybody went on Clubhouse and blew this up. You know this guy went to the bank, got whatever he want. He’s gonna take that company public. We’re not thinking like that. The only way we’re gonna be successful is taking companies public. That’s the way you build wealth. We’re creating so much wealth for them.”

As one of the industry’s most legendary entrepreneurs, P continues to be an advocate for Black ownership.

The post Master P Advocates For Black Public Companies After Clubhouse Reaches $1 Billion Investment appeared first on The Source.

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Celebrity

Lil Durk Co Defendants OTF Dede and David Lindsey Seek Acquittal and New Trial

OTF Dede and David Lindsey are fighting their recent stalking convictions as the legal process in Lil Durk’s case continues to play out.

Lil Durk was facing five charges, two of them murder-for-hire related and three of them stalking related, while the two co-defendants were convicted on three counts of stalking in the same case. Durk was just cleared of all charges in that case a couple of weeks ago, but Dede and Lindsey didn’t get the same result.

The latest legal twist adds another chapter to a case that has remained tightly connected to Lil Durk’s ongoing legal troubles. Durk was acquitted in the initial murder-for-hire case, but his larger legal battle is far from over.

For Dede and Lindsey, the immediate issue is their stalking convictions and whether the court will grant either of the new requests filed. The couple’s pleas carry long prison sentences, and the pending motions are especially important for their attorneys.
The court has not ruled on the Rule 29 and Rule 33 motions, leaving the next phase of litigation uncertain.

Lil Durk, meanwhile, is set to appear in court on November 4 for a bond hearing. His trial in the VICAR case was scheduled for the next few weeks, but it is likely to be delayed.

Separate legal proceedings are now moving forward in the cases of Durk, Dede, and Lindsey, who remain active. Dede and Lindsey’s latest filings ensure that the group’s legal saga continues even after Durk’s acquittal in the original case.

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Celebrity

Meek Mill steps back from his ongoing feud with DJ Akademiks,

Meek Mill and DJ Akademiks’ ongoing social media beef has taken another turn, with Meek seemingly getting the last word.

The two have been feuding for around a decade, and their tensions have become closely tied to the fallout from Meek’s beef with Drake. Following Akademiks taking Drake’s side in the public feud, Meek clearly didn’t want to be featured on Akademiks’ page. Since then, they have exchanged occasional messages and renewed disagreements.

The latest chapter heated up around the Lil Durk trial. Meek Mill called out Akademiks for his coverage and commentary on the case, saying he had become a bad influence on the culture.

Akademiks fired back hard, and the beef snowballed into a back and forth of threats between the two. At one point, Meek asked for Akademiks’ address, while Akademiks showed off an arsenal of machine guns and rifles. The confrontation had been really serious before apparently cooling off in recent days.

The message is the latest chapter in a long-running feud that has flared up several times over the past decade. This latest back-and-forth could be Meek’s attempt to close the door on the feud, but given the history between the two, tensions can flare up fast.
So far, it looks like Meek is putting a line under his part of the conversation. Only time will tell whether Akademiks responds.

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