Tuesday, October 27, 2020
Home World Need investment? Ask new funder on the block, Linkin Park

Need investment? Ask new funder on the block, Linkin Park

LinkinParkBerlin2010

By NewsGram Staff Writer

For the 90s generation its throw back time, again.

If you are a stock trader who spent her childhood years feeling numb or doubting if somewhere I belong, you can now continue your business on an app, or use shipping services funded by Linkin Park.

Leaving out all the rest, the multimillion dollar tune-churning machine, Linkin Park have turned themselves into venture capitalists. To break the heavy word down, it means the hard rock group is investing its decade long amassed wealth into start ups.

The group has created an in-house tech team and has decided to fund consumer-focused businesses which try to connect to people.

Linkin Park have hired Kiel Berry, a creative business executive to bring about a paradigm shift to improve profits in the light of falling revenues from album sales and downloads.

However, in a statement that might come as a shock or realization of the forever moving wheel of time to a fanboi, the band declared that music is less important to them than business ventures.

“Creating and selling music now plays more of a supporting role in our overall business mix,” Berry was quoted in the Independent.

The band has already invested in Lyft, a peer-to-peer transport network, Robinhood, a stock trading app, Shyp, a mobile app that provides shipping services and Blue Bottle Coffee .

Branching out into profitable activities in their lean years is a practice followed by most rock and roll veterans. From clothing lines to vineyards, for commercial musicians, in the end it’s just about how not to hit the floor.

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,779FollowersFollow

Most Popular

Sleep Disorders In Lockdown

2020, unfortunately, has been a year that has not brought us much happiness, and for a significant proportion of individuals, sleep disturbances have added...

Virtual Ramlila From Ayodhya Crosses 10 Crores Viewers Mark

The organizers of star-studded virtual Ramlila going on in Ayodhya have claimed that the numbers of viewers watching it on different media platforms have...

Wroclaw Named A Square After Harivansh Rai Bachchan’s Name As A Tribute

The City Council of Wroclaw, Poland, has named a square after Amitabh Bachchan's father Harivansh Rai Bachchan, as a tribute to the late poet....

Researchers Develop Faster Charging Material That Can Charge Electric Cars In Six Minutes

In what could drive Elon Musk to push another tweet, a team of South Korean researchers has developed a faster charging and longer-lasting battery...

Five Worst Bowling Figures In IPL 2020

While Indian Premier League (IPL) 2020 has witnessed some brilliant bowling spells by the likes of Kagiso Rabada, Anrich Nortje, and Mohammed Siraj to...

Indian Teenager From Dubai Turns School Project Into A Business

A Dubai-based Indian teenager has turned a school project into a family business after his father was amazed at how the product turned out,...

Exciting Moon Discovery From NASA

If you are a science buff, get ready to get some exciting news about a mysterious Moon discovery from NASA on Monday. The US...

Transparency: Pardarshita Web Series Now At Mx Player

Chicago,  Transparency: Pardarshita, The Untold Series Of IAC & AAP Transparency: Pardarshita, which chronicles the chase of a common man from offshore to India is now...

Recent Comments