Well, let me tell ya somethin’ about this Fanbase thing, the one they’re talkin’ about on the TV and them internets.
What is this Fanbase thing anyway?
Folks keep jabberin’ about it like it’s the next best thing since sliced bread. From what I gather, it’s one of them newfangled phone apps, you know, the kind the young’uns are always glued to. They say it’s a place where folks can put up their pictures and videos and such, and if other folks like it enough, they can pay to see more. Sounds kinda like them picture shows, but on your phone, I reckon. They say it’s a “social media network,” whatever that means. Just a bunch of fancy words if you ask me.
Is it gonna make me rich?
Now, some folks are sayin’ you can put your money into this Fanbase thing, buy some “shares” they call it. They say if Fanbase gets real popular, them shares will be worth a whole lot more than what you paid for ’em. But let me tell you somethin’, I’ve seen enough get-rich-quick schemes in my day to know that most of ’em ain’t worth a hill of beans. They’re sayin’ the “price per share” is somethin’ like four dollars. Four dollars! That might not sound like much, but it adds up, you know? And there ain’t no guarantee it’ll go up. Could go down just as easy, and then where would you be? Losing your hard-earned money, that’s where.
- They say it’s “risky.” That’s just a fancy way of sayin’ you could lose it all.
- They say it’s “illiquid.” Means you can’t just sell it whenever you want. You gotta wait for someone to wanna buy it, and that might not happen.
- And they’re sayin’ it’s “speculative.” That just means they’re guessin’ it might be worth somethin’ someday. Guessin’ ain’t the same as knowin’, let me tell you that.
Who’s behind this Fanbase thing?
There’s this fella, Isaac Hayes somethin’-or-other, the third one they say. Sounds like a fancy name, but I don’t know him from Adam. They say he’s from Atlanta, but that don’t mean nothin’ to me. He’s got some big ideas, they say, about lettin’ folks make money from their posts. Seems like everyone’s tryin’ to make a quick buck these days. They also say Fanbase had some kinda “funding rounds” and “Invest-A-Thon.” Sounds like a whole lotta fuss to me. They had some “key speakers” talkin’ about “black ownership in tech.” Well, good for them, I say. But is it gonna make me money? That’s what I wanna know.
So, what’s the “fanbase stock price today”?
Now, that’s the million-dollar question, ain’t it? But the truth is, nobody really knows for sure. They say the “valuation” is somethin’ like 160 million dollars. That sounds like a whole lot of money, but what does it really mean? It’s just a number some folks made up, far as I can tell. And as for the “stock price,” well, it ain’t like them big companies you see on the news. This Fanbase thing is still new, what they call “seed stage.” Means it ain’t even fully grown yet. So, the price ain’t set in stone. It could be up, it could be down, it could be sideways. Don’t go bettin’ your farm on it, that’s for sure.
My two cents on the whole thing.
Look, I ain’t no fancy stockbroker or nothin’, just an old woman who’s seen a thing or two. And from what I can see, this Fanbase thing is a gamble. Might pay off, might not. If you got money to spare, and you’re feelin’ lucky, go ahead and take a chance. But don’t go cryin’ to me if you lose it all. Me? I’ll stick to puttin’ my money in somethin’ I understand, like a good piece of land or a solid savings account. At least I know it’ll be there when I need it.
In short.
So, if you’re lookin’ for the “fanbase stock price today,” you ain’t gonna find it on no stock ticker, not yet anyways. It’s all kinda hush-hush and maybe-maybe. This Fanbase is more like a bet than an investment, if you ask me. And I ain’t much of a bettin’ woman.
Tags:Fanbase, Stock Price, Investment, Social Media, Isaac Hayes III, Atlanta, Funding, Valuation, Equity, Crowdfunding, Technology.