Categories
Design Tech

AI Generated Image Copyrights – Is It Really OpenAI?

The world of AI generated images and copyright ownership over the images created – is a very interesting world indeed. 

OpenAI Dall-E 2 images as the example: 

“To use DALL-E 2, you have to agree to OpenAI’s Terms of Use. According to these terms, OpenAI actually owns the images you create (which the Terms of Use call “generations”). OpenAI graciously grants you the right to sell your DALL-E 2 images (assuming you can somehow persuade someone to pay you for an image they can copy for free).

If that feels like the maker of the paintbrush telling Monet what he gets to do with his painting, that’s understandable.

To add insult to injury, OpenAI’s terms go further. Just to make it perfectly clear, you expressly assign any rights you might have in your image (whatever those might be) to OpenAI by contract. As the owner of the image, OpenAI can grant other people the right to reproduce, publish, or sell images that you create with DALL-E 2. You could find yourself in the position of walking into a store and seeing it selling your DALL-E 2 masterpiece on cheap T-shirts, and there would be nothing you could do to stop it.”

Categories
Cryptocurrency Tech

Brave Browser and Moving Brave Rewards into a Brave Wallet (or not)

I have just started to do some testing on the Brave Browser. I thought it would be fun to see if it was possible to actually use it consistently and make a little extra income on the side. After using it for a few weeks it didn’t really seem to be paying off. However, the worst part was the inability to move Brave Rewards straight to a Brave Wallet and collect earnings.

Brave Rewards were created first and see to be silo’d outside of other Brave services, such as the Wallet (which is a recent addition).

Currently, if you want to move your Brave Rewards you need to move them either via Uphold or via Gemini (both of which aren’t great choices and yet another account required for little to no reason).

Im hoping in future versions of Brave Rewards and the Brave Wallet they can just simply work together. I would love a world in which I could use my browser (which automatically stops annoying ads and replaces them with a better advertising option in browser that pays me in a cryptocurrency for viewing those ads – then allows me to seamlessly move them into a wallet to either transfer into another currency or put it straight into my bank.

Maybe one day that day will come!

Categories
Business Tech

Tencent Music Entertainment Set to List on Hong Kong Stock Exchange in Coming Days

It has been reported that Tencent Music Entertainment will be performing a secondary listing in Hong Kong in the coming days.

China’s TME, home to three of the country’s leading music streaming services; QQ Music, Kugou and Kuwo.

The secondary listing plan was announced by TME Executive Chairman Cussion Pang alongside the firm’s Q4 2021 and FY 2021 results.

This will be a very big listing for the Hong Kong Stock Exchange.

“We are pursuing a secondary listing on the Main Board of the Hong Kong Stock Exchange through a listing by way of introduction (which is a direct listing without any offering of new shares), subject to regulatory approvals,” said Pang.

It will be interesting to see in the coming year if TME also decides to keep their NYSE listing or whether they decide to pull out of the US market.

Categories
Music

Outertone Chill – Amazing Chillout Music to Help Relax, Focus on General Background

Over the past 3 months or so we have been running a new YouTube project at RouteNote called Outertone Chill.

The channel is dedicated to Chillout music of all kinds of genres.

The aim of the project to sign and create amazing chillout tracks that can help people relax day to day, focus, or just general background music for their day at work.

If you get a chance please take a look at the channel and it would be great to hear your feedback.

Categories
Sports Tennis

Carlos Alcaraz – Point of the Tournament at the US Open 2022

Carlos Alcaraz is a beast on a tennis court and he is now through to the Final of the US Open (where if he wins he could also become the number 1 player in the world).

This video really shows you why he is one of the best players in the world. His ability to get every ball and make his opponent his an extra shot is simply amazing.

Categories
Business Music

Kobalt Sells to Francisco Partners (Private Equity) – Loss for Independent Music Industry

It was announced a few days ago that Kobalt has sold to private equity firm – Francisco Partners.

The acquisition was price around $750 million and Francisco Partners acquired 90% of Kobalt. The remaining 10% will be split between Matt Pincus’s MUSIC, plus Dundee Partners and also Willard Ahdritz (founder of Kobalt). (Pincus will join the Board of Kobalt post the deal closing.)

Kobalt has always been the poster child of the independent music industry for music publishing rights. It’s a huge shame to see them sell to private equity instead of trying to push on further and remain an independent firm.

Over time it will be interesting to see if Francisco Partners decides to hold on to Kobalt or look to further offload the assets as they appreciate in value.

Either way… Kobalt has had amazing success over the years and its great to see them in a position where they could potentially grow even further.

p.s. Im very bullish on AMRA

Categories
Business Tech

Private Investing vs Public Investing = Tale of Failed IPOs

I posted this on Twitter, but thought I would also share on here as it really showed the difference between private investing and public investing.

Some companies that have market caps less than the total money they have raised:

Bird ($120M mkt cap vs $1.2B raised)

Wish ($810M mkt cap vs $2.9B raised)

WeWork ($2.8B mkt cap vs $16.2B raised)

Lyft ($5.1B mkt cap vs $7.3B raised)

Categories
Sports Tennis

Nick Kyrgios My Tip for US Open 2022 Winner

Nick Kyrgios is into the Quarterfinals of the US Open after defeating Daniil Medvedev (current world number 1).

Kyrgios has been in amazing for since Wimbledon this year and he has kept the great mindset and amazing tennis going.

He has matured, become more focused, got an amazing team around him.

He is my tip to play Rafael Nadal in the final and beat him in 4 sets.

Categories
Sports Tennis

Margaret Court Just Needs to Stop Talking!

https://www.dailymail.co.uk/sport/tennis/article-11179893/Australian-tennis-legend-Margaret-Court-slams-Serena-Williams-Open-exit-retirement.html

These kinds of articles and comments are just upsetting.

Margaret Court was an outstanding tennis player! but a TERRIBLE HUMAN BEING!

Over the years Margaret has made bigoted, racist and derogatory comments, but for some reason she is still in the public eye and the press comments about her comments.

Its disgusting!

Categories
Business Tech

Cash App Marketing Strategy – Bring in the Hip Hop Culture

I came across this post by – Dan Runcie (Trapital). Great read and started to make a lot of sense in combination with Square (Cash App owners) also buying Tidal.

Research also via – Ark Invest – https://ark-invest.com/articles/analyst-research/squares-cash-app-twitter/

For years, Cash App lagged behind Venmo. But that was before it teamed up with rappers as influencers. Here’s how hip-hop helped Cash App become a $73B+ business.

When Cash App launched in 2013, it was very buttoned-up.

Users needed phone numbers or emails to transfer money. There was no social element. It lost money with every new sign-up.

But in 2015, Cash App introduced $cashtags. In 2017, it followed up with Bitcoin trading just before it hit its first $20k high. The timing was perfect.

With its crypto users generating 3x more revenue than non-crypto users, Cash App wanted to double down on its influence.

At the time, Cash App started getting more shoutouts in rap songs. The company wasn’t sure why, but Block, Cash App’s parent company, locked in on one of the more successful influencer campaigns in recent years.

In May 2018, Cash App teamed up with Lil’ B. That August, Travis Scott came on board. And in December of that year, Snoop Dogg was its newest partner.

With Cash App as a sponsor, these artists gave away $100-$500 to fans who posted their $cashtag under their posts.

Cash App’s hip-hop influencer giveaways worked for four reasons:

1. Low customer acquisition cost (CAC)

2. Free money is always an easy sell

3. This was the first time hip-hop fans were the target audience for a financial service

4. It built on its existing popularity

Let’s break those down.

1. Low CACs

ARK Invest had a great breakdown on how Cash App’s hip-hop influencer tactics drop its CAC to be as low as $20 per user.

As a comparison, traditional banks spend $925 per user.

2. Free money is an easy sell

In 2019, the company spent an estimated $60k on Cash App Fridays, an investment that paid for itself many times over. Cash App Fridays became an awareness-building tactic in itself.

3. Reaching different customers

Cash App’s user base is strongest in the South and the Midwest of the US, which aligns with the regions where many hip-hop fans live.

Historically, these regions also get ignored by traditional banks.

By targeting these areas, Cash App took an approach opposite to most startups who instead focus on their “early adopter” coastal elite networks in NY, SF, LA, and DC.

Unlike Venmo, which relied on Ivy League students and alumni for initial growth.

4. Built on existing popularity

Cash App has now been name-dropped by 200+ hip-hop artists.

Sponsoring artists to give away hundreds of thousands led to more peer-to-peer transactions, which attracted more of its most profitable demographic, Bitcoin investors.

Cash App leaned into its popularity even more when it launched Cash App Studios in 2021 to bankroll artists and other creatives.

Cash App has achieved every modern brand’s dream: To become part of the ‘culture’ without appropriating it.

Categories
Personal

My Journey with Blogging! and Why I’m Writing on Here

For a long time I have been writing different kinds of blogs online. I started a blog focused purely on technology back in 2006 – it was called Crenk. After two years of running Crenk it was doing really well – it got to a million readers every month and things were great. Then Google changed their algorithm and overnight it went from a million readers a month to about ten thousand.

 🌏 End of the world!

Everything I had built for the past two years were gone in an instant!

A long time after that I decided not to write a blog. I thought it was futile!

However – we were starting a new company that would in 2008 and we really need to grow an audience – but we had $0 marketing budget. The only way we were going to drive an audience to our site and keep them there was to produce a strong blog! It had no extra costs – was based upon time and quality of content – and allowed us to drive people to find our site instead of us having to find them (this was the same time Hubspot coined the term – Inbound Marketing!).

 ✍️ This was the start of the RouteNote Blog

The RouteNote blog took a year or two to really start to grow, but it helped us drive the majority of new customers to our service in the early years! It was hard going and long hours and I was the only writing on that blog for the first 4 years or so.

The RouteNote blog now gets over 250,000 new readers per month and drives a large minority of all signups still on the main RouteNote site. Its invaluable and by far the best investment I ever made!

That brings us to now…..

I still own Crenk and write on there from time to time, but it isn’t the same product as it used to be. The RouteNote blog has gone from strength to strength and now has 3 fulltime writers there.

and I have started writing here….

WHY?

Im still not entirely sure why.. If I write articles on Crenk I will get a lot more SEO and a lot more natural readers, but it has always been focused on Tech. I wanted a place that was mine – somewhere I could share my thoughts (not matter what the topic). I don’t really care if lots of people read articles on my site or not – I’m writing on here purely for the love of writing …. and I find it really helps me to express myself and to my ideas out of my head!

So expect a lot more articles (a lot are going to be random).

Categories
Business Finance

Paula Volent: US is in a Bear Market!

Paula Volent sat down with David Rubenstein to talk about the US economy and stocks now being in a Bear Market.

Paula Volent is now the chief investment officer of Rockefeller University.

Categories
Business Music

Beggars Music Group Financials for 2021 – Revenues up 29.7% Year on Year

Beggars Music Group had a strong 2021 (as they have just released their numbers in a filing on UK Companies House).

Beggars Group generated GBP 79.98 million in 2021 – which was up 29.7% year on year.

This figure includes Beggars’ share of various joint venture businesses including XL Recordings, Matador and Rough Trade, in each of which Beggars owns 50%.

Beggars is a huge player in independent music market and it’s great to see that they are still growing strong and getting a strong slice of the market.

Categories
Business Tech

How Dharmesh Shah Built a $90,000/Month App Side Hustle In 48 Hours

Im a huge fan of Dharmesh Shah – who is the CTO of Hubspot. Dharmesh loved Wordle so much that he build an app that was based off the popular game but with some key twists. Its a great story and really worth watching him explain this in the above video.

Categories
Football Video

Trent Alexander-Arnold – Would Obviously Rather Retire than Play for Man United

This is a great little interview with Trent Alexander-Arnold – Would I Rather.

The last question is a classic and provides the right answer for a scouser.

Categories
Business

Creating a Brand is Hard and It Takes at Least 5 Years!

The other day we official launched RouteNote Create under the RouteNote umbrella.

RouteNote Create was originally intended to be a standalone product – but I learnt a lot about starting a brand over the past 12 months and it is getting harder and harder with time to build meaningful brands online. The landscape and places you need to be visible are getting larger and larger and it’s very difficult trying to keep them all up to date and heading in the same direction with the same branding, tone of voice and message.

Note to self – If you are going to build a brand – then make sure it focuses on a new customer type and expect it to take at least 5 years to really show fruit!

Categories
Business

Im Tired of YouTube Investment “Gurus”

There are so many investment “gurus” on YouTube and it simply just feels like this is now a step above a used car salesman!

Here is a very good example – Investment Advice! When he simply just adds his money into a very basic Vanguard ETF based off the S&P500.

This is probably as far as it gets from someone who should actually be giving investment advice!

What you really should be watching is video interviews from Warren Buffett – and then also spending a huge amount of time reading and working out your own way to value companies and their intrinsic value.

Categories
Tech

Justin Kan – Q&A – Solid Startup Advice

I’m a big fan of Justin Kan (co-founder of Twitch). He has been running a YouTube channel for quite some time and here is his most recent Q&A.

If you’re looking for very simple and easy to digest startup advice then look to his channel.

Categories
Tech

Schedule Messages on Text Messages, iMessage, Whatsapp, etc.

Why can’t I schedule send text messages or messages on Facebook Messenger or Whatsapp?

I struggle to understand at the moment why this isn’t a standard feature in all messaging apps.

Please, Please, Please!

Categories
Tech

Apple Freeform – Whiteboard Collaboration Tool for iOS 16

Apple is moving into the Whiteboard game with Freeform. Freeform is going to be a new whiteboard style app that enables groups of people to collaborate in real time in a completely open space. Freeform is coming out on the new iOS 16 – which is scheduled to come out later this year.