Master P wants more Black men and women elevated to millionaire and billionaire status in whatever field they so desire. After an article published in Information on Friday (January 22) stated venture capital firms had given popular audio drop-in app Clubhouse a valuation of $1 billion, P exploded over the news in frustration.
In a video shared on social media Sunday (January 24), the Uncle P brand founder weighed in on Clubhouse’s explosion in the eyes of big tech investors and alluded to another non-Black individual becoming a billionaire due to the energy and creativity of Black creatives and users.
“I keep telling people, we go on Clubhouse, we making another one of them a billionaire,” P told Trapital Podcast host Dan Runcie. “We just did it! Just for Clubhouse. We need to create stuff like that to where we control the narrative and we’re able to put the money back in our community and our culture.”
He added, “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. We all went to 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 gon’ be successful is taking these companies public. That’s the way you build wealth. We create so much wealth for them.”
The valuation of Clubhouse has grown dramatically as the app continues to move out of beta testing. Currently invite-only and available to iPhone owners, the app was previously valued at $100 million as of May 2020, before it was even available on Apple’s App Store. The app has been a popular tool for Hip Hop conversations and has had seen near-daily engagement from users such as 21 Savage, Meek Mill and numerous others.
Master P’s Next Business Venture? Designing Black-Owned Supercars With Ex-Tesla ‘Genius’
P’s desire to have his hands in multiple areas have recently led him to the world of supercars. He’s partnered with former Tesla engineer Richard Patterson to power Tiron SuperCars. The company would be the first Black-owned company of its kind and become the first Black-owned supercar manufacturer in the United States.
yeah yupp for sure a famous rapper entertainer steppin up the game like master p creative with a video play office he works hustles appreciate
By “them” does he mean people who get great ideas and execute them?
Nah he means wipipo
If he’s so concerned about them making money with the app, maybe he should’ve considered getting a slice of the startup?
Clubhouse? Most people watch the shit after someone uploaded to YouTube so? Wrap is gossip bitching and moaning all day I bet the creator of the app paid naggas to engage in petty stupid shit for views and the wrapper happily obliged. We watch this shit to see one dumbass shitting on another dumbass FACTS. And what’s this ‘control the narrative’ Master Pee sounding like a fucking dictator … quit whining
Yup cause 14% of the population that has the least amount of the wealth controls whos billionaires or not man this guy is stupid no wonder nothing he has ever done has worked out
Yet you’re at home commenting on him not the other way around. You people are so goofy.
I dont understand what making Ia billion has to do with the color of your skin. If you had thought about doing whatever clubhouse is before they did it, you should have jumped on it.
Ill tell you what. Since its so important to you guys to only support your own and never support white people i think white people should do the same. Guess who is gonna come out on top in that exchange? Please keep announcing all this black owned business stuff so I know where NOT to shop. Thanks. And to all you angry afrocentric brothas and sistas out there kiss my ass in advance!
We, as African Americans by and large spend the least money within our community, it’s strange when we talk about doing what every other group in America does, spending money in their community thereby strengthening their tax base and improving their community schools, who are funded by local taxes, it is looked at by some people as a declaration of war or an affront to them. Damn
Every other group in America mainly spends their money with the Chinese buddy. After that, they mainly spend their money almost exclusively proportionately with the populous. The only affront to anyone is a made up maritime and victim mentality. This dumb dumb is acting like w doesn’t exist. There are more Latinos than African Americans in the US. Where is their title? Where was their president? Such a stupid argument. Koreans in K Town don’t spend most of their money in Korea Town. They spend it online and at corporations. The same with Chinese at Chinatown etc. maybe the problem with your community is having ignorant motherfuckers like Master P here, who is a billionaire, or almost is, saying dumb, out of pocket shit like this.
People like u are so divisive, a black man, even if master P made a mistake, are you going to make more grievous one by stereotyping. You can do better than that. God bless America
Blacks DID have their own business districts.
The only reason we don’t now is because people like you bombed them. Because you knew they were Black owned…
Not true white businesses thrive off of black consumers. Check your facts black ppl are the biggest consumers…
If you guys wanna make this a financial race war you’re not gonna win. Why embark on a losing battle out of anger & hatred. Yall are really tryna cut off your nose to spite your face.
Another one of “them”… mad racist if that’s said by a white dude. Whatever
Go check how much blacks own in this country. Whatever that
Let’s frame it this way, “another one of them put out a hip-hop album”.
P is right.
Yes quit admiring dope dealers in the community and bullying nerds. Those same nerds are in on that valuation and using your dumb ass to market it to kids. While you in jail
White people become more openly supportive of black people, people of color in general and the lgbtq community by the day. Over 75% of the BLM protesters where white. This moron gets online and says some flat out racist shit. Ever heard of Tidal? What happened to the Rush card? Maybe invest in startups and tech instead of managing athletes, food spots and barber shops. Stop bitching clown. You have enough money to put in the right direction.
When you say the truth I support you. I am a black man. More white youths are showing support and America needs that for unity and more growth socially, economically and militarily. You are right. We need good write ups not divisive ones. If the guy is davy business wise, it’s not his fault for going public and making money. Sole proprietorship can never grow like a quoted company period.
Clubhouse is gossip engine for people with no purpose in life. Go do something productive.
Yeah unless it’s for a business conference or entrepreneur workshop in audio form. Which was the app designer’s original intent. Clubhouse is making people more lazy to get out and make things happen
I think it’s a struggle to get American consumers to buy US produced goods and services in general. I get what he is saying but if people aren’t being conscientious of buying within a spectrum as brand as “US manufactured” than I definitely think it’s too much to ask to get them to target a specific demographic of owned/produced businesses with the broader demographic that is US manufactured
Like the way you expressed that. I agree the US is an importer we buy significantly less than we import.. we fear US manufactured product
Guess which business I work in? I can speak on this
P is right
Notice how everything reposted on this site is from Akademiks or TSR.
Ohhhh nooo! Another white person made an app that people enjoy. If white people had this same mentality towards rappers – none of them would be selling records. Master P is a racist.
Guaranteed the owner of this app never asked for hood ass black people to have dumb arguments that no one cares about on his app. It’s like Cristal – we don’t want you tainting the brand yo.
MASTER P IS RIGHT THO. I DONT CONSIDER HIM AS HOOD. HE’S VERY SMART IF YOU ASK ME AND I LIKE THE WAY HE THINKS. WE SHOULD SUPPORT OUR OWN.
What does hood have to do with anything
Smfh
You are an idiot
Black people always pissed and hating on something. Stfu already and create something damn. Sick of yall grown ass men always whining and crying over something fr
so what does mc hammer own?
Hey owns a part of Twitter.
I will never understand how those who descended from people who had no problem lynching pregnant women, cutting their fetus from their stomach and stomping it to death, who would keepsake the skin, hair and genitals of murdered men, women, children and pre-children and continue to hold them as family heirlooms, the same people who at one point use to eat each other before another group of people provided them food and the knowledge of harvesting the land then turned around and murdered their own saviors, have the nerve to bitch&moan about ANY other group of people for any damn thing. The biggest thieves, mass murderers, rapist, disease/virus spreaders and con-men on earth, who without fail always find a way to give their unwanted hole ridden 2cents on matters that don’t have any concern with them…kindly stfu.