Investment fund of late Microsoft's co founder Paul Allen invests $65M in Bandlab.

[jens]

Hmmmm investment companies don't normally toss money around without Return on Investment in mind.

Vulcan Inc. and Prosus Ventures have a decidedly vampire capitalism feel to them.

Where does the revenue of Bandlab come from? Advertising, or ?

I hope Cakewalk by Bandlab doesn't fall victim to a subscription service scheme.

No idea about Prosus, but Vulcan's goals are clearly leaning towards the altruistic side of things. Luckily a lot of philantrophy exists on this planet, or else it would be even in much worse shape. Rich people are often smart people and smart people are often good people.

Well be that as it may Dun and Bradstreet has Vulcan with annual sales of $150 million.

Yes some divisions of Vulcan are known for charitable work in the areas of "animal activism, environmental and ecological lobby".

But "Vulcan Inc’s assets range from global financial investments and business ventures, to a vast property portfolio, high-value art and a professional American football team".

So one could not be faulted for being a little skeptical that their motives are altogether altruistic with their investment in Bandlab.

https://www.dnb.com/business-directory/ ... 207a3.html

https://www.iwmc.org/2021/05/13/paul-g- ... ulcan-inc/

Yeah, they make money so they can keep spending money - makes a whole lot of sense from a philantrophic viewpoint if you think about it.

[vurt]

vampire capitalism

would explain why dead people are investing.

Come on you should know that Vampires are the undead...

yup, but it's how they upgrade to undead, from basic dead
it's all business!

[Teksonik]

Yeah, they make money so they can keep spending money - makes a whole lot of sense from a philantrophic viewpoint if you think about it.

Sure you have to make it to spend it.....

But what does this investment from two companies into Bandlab mean for us the end users?

At this point there is no way of knowing. It may mean great things are coming, nothing of any importance to us will happen, or worst case scenario is that Cakewalk will be turned into a subscription service....or anything in between all of those.

I'm happy for Kuok Meng Ru and appreciate his past generosity for setting Cakewalk free and keeping it frequently updated (I was a paying customer of Cakewalk since Sonar 5) so I wish him nothing but the best of luck.

So we'll just see what happens going forward.....

Oh and Prosus Ventures:

"We build leading companies via whatever structure makes sense. We do it as an operator or investor from early to late stage, minority or majority, in countries and markets with long-term growth potential".

So I stand by my assertion that it's not unreasonable to have a healthy bit of skepticism when investment companies get involved but again let's see how it all plays out.....

[kritikon]

Though if they're serious about long term growth potential they can't be all bad. Far too many investment bodies and individuals are all about instant profit, short-term, asset-stripping etc. Makes one wonder how any business becomes long-term successful if they can't seriously build without having to make instantaneous profits for some big fat money-munching economic parasites - and parasites are what they are. Destroying their hosts rather than symbiosis. or the other popular option - big company buy little company competitor simply to eradicate competition. Little company often being destroyed once bought out. Economics 101 is usually more about dog eat dog.