Jay-Z’s Y Combinator Demo Day Pitch
Hi. I’m Jay-Z. CEO of Tidal.
Tidal is HBO for music.
Did you know that the average musician gets paid less than one cent every time you play their music?
Spotify and Pandora have built multi-billion dollar businesses on the backs of hard-working musicians.
I have experienced this pain firsthand. My songs have been streamed on Spotify over 1 billion times, and I have received less than $10,000,000 for this work.
Tidal is a streaming music service built by musicians for music lovers.
This is what the music industry looks like today:
This is what the music industry looks like with Tidal:
The best part is that people love Tidal. Since launching Tidal earlier today, we have grown over 1000% each hour. Without spending a single dollar on advertising. And we’re just getting started.
Streaming music revenue exceeds $1B per year. And that’s just our first market. Next, we’re attacking the $5B music concert market, with an eye on the whole $50B global music industry. We’re coming for it all.
And we have the right team to do it. I am a serial entrepreneur with over 25 years of experience in the music industry.
Also, I’m Jay-Z. Wikipedia me.
If you want to be part of the first-ever artist-owned global music and entertainment platform, please email firstname.lastname@example.org.
I’m out. Hold your applause. This is your song. Not mine.
(A parody inspired by the classic Y Combinator Demo Day Pitch structure.)