Weeshing

How much would you invest?

How much would you invest?

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How much would you invest?

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Hello Crowdholders,

We have conducted around 200 events so far with a huge success. Many supporters fulfilled their dream of bringing their favorite artists to town. 

So, here is the question worth 300 YUP:

If you’re a big fan of a band and could help them play a more intimate show nearer to you, how much would you invest?





25 COMMENTS 17 VOTES

Most recent Most voted Most verbose

I think this would depend on a few things: - How much do I like the band. - Is the venue good. - The generally feel of the event (how good it will be) For example if it was my favourite artists in a more intimate setting like a boiler room I would definitely invest a lot

2 years ago

100.000 - 200.000 Viet Nam Dong is equivalent to 4,7 - 9,5 USD

2 years ago

If it would be Macklemore in the Czech Republic than I guess around 4-5k USD as I understand that more people may contribute for the same artist and then share the profit.

2 years ago

thank you.

2 years ago

i will bring them for more social recogination and it will help them

2 years ago

Depending upon the Capitalization of the Band. I would invest about 1% of the yearly value generated by the band. This will keep risk to reward favorable.

2 years ago

I would maybe triple or quadruple the price of priciest tickets you could buy. Touhgh right now I am a student with a slim budget, the amount would likely be more in a couple of years if I can afford it.

2 years ago

NOTE: before answering this question, you need to visit Weeshing.com and at least watch the video on the front page. Because Weeshing is not yet a Crowdfunding platform for regular fans to "Pre-Pay" for a ticket (we are working on that model now though). We are an investment bank where a few investors make an investment with us that we then provide to the concert promoter in order to make the concert possible. So, those few investors will have access to some rare benefits like even being able to meet the band, or other things like front row seats etc. Please read the site before answering the question. Thank you.

2 years ago

Double the amount I would otherwise invest.

2 years ago

thanks Fernando, so what is the sum you'd normally "Invest"? Because this is not the same as buying a ticket to a concert. This is an investment in the concert where you would stand to make money if it sold well. Because if you're saying double what you'd normally "spend" for a ticket, then your investment would return maybe enough to purchase a beer! Please review Weeshing.com and let me know if this changes your answer.

2 years ago

The sum would depend on a number of factors. Since this would be a new things for me I would not invest more then 1000$'s. But what I'm saying is if its a band that I'm a big fan of, this amount would make me want to double the investment.

2 years ago

Depending on the group, I would invest no more than USD 10k. Maybe from different circumstances and more!

2 years ago

Thanks Дмитрий. May I ask where you are from? $10k is the amount we were assuming many would want to invest. Thank you for your answer.

2 years ago

Jonny Dee guru

I would consider paying 2 times as much as i would normally pay for a gig. But it also does depend on the size of the band, the venue etc. If it was a iconic band then of course I would pay more.

2 years ago

Hi Jonny, your answer is almost identical to Kiril's above. Did you go to the site and watch the video before answering this question? Here is what I wrote to him. Let me know if that changes your perception: "Thanks Kiril, so I want to make sure you understand the premise of the question, because I assume by your answer that you're thinking this would be a "crowdfunding" scenario, where a bunch of fans put their money together to get the promoter to bring the artist. Weeshing is slightly different. Instead of a Crowd of fans paying 2x more than a normal ticket, it's just a couple dozen investors paying a few thousand dollars in hopes to make some profit on it. And to have a VIP experience. So, let me know if that changes your answer. Thanks."

2 years ago

It usually depends on the band. It would certainly be a multiplier of what I would usually pay for someone else I didn't crowdfund. I guess 2x normal price for a band I like and 3x-5x normal price if it's my favorite band ever

2 years ago

Thanks Kiril, so I want to make sure you understand the premise of the question, because I assume by your answer that you're thinking this would be a "crowdfunding" scenario, where a bunch of fans put their money together to get the promoter to bring the artist. Weeshing is slightly different. Instead of a Crowd of fans paying 2x more than a normal ticket, it's just a couple dozen investors paying a few thousand dollars in hopes to make some profit on it. And to have a VIP experience. So, let me know if that changes your answer. Thanks.

2 years ago

Depending on the band....I would invest roughly $15,000- $30,000

2 years ago

Thanks Brian, that is a substantial amount. US Dollars? Our average investment in Latin America is $4000, and we expect that number to be double in the US. Where are you?

2 years ago

Currently on vacation in Germany

2 years ago

The cost is irrelevant, if i can afford it.

2 years ago

Thanks Georgi, so if you could see your favorite band at a more intimate venue (not a stadium or festival), you would pay as much as you could afford. So, how much would that be right now? If you could be a VIP at the show, and make 20% interest on your investment, what would you be likely to spend on that?

2 years ago

Pavel Karfík new user

USD 2-5k (50k - 100k CZK) based on the name of the band and available dates for booking (if it's friday or saturday, it should be more, since we can expect a bigger crowd). I'm promoting events around Prague, this is the maximum budget we usually work with, but that's mostly club music, not a fan of justin bieber and other megastars.

2 years ago

Thanks Pavel, so if I understand you, you're saying you'd invest $2-5k to "pay" a band to play? Because if you had a chance to review Weeshing.com, you would see that the question here is how much would you invest, personally, in order to be a VIP at a concert of one of your favorite bands if they were to play at a club closer to home, as opposed to a stadium or festival. The idea being if you invest, which helps the promoter book the bigger act, you could also make money in addition to enjoying various benefits at the show. Let me know if you understand. Thank you.

2 years ago

Pavel Karfík new user

Took a while to read this... What I had in mind was more like hosting an event (perhaps a smaller one) as an event promoter, I'd be able to invest around $2-5k for a band to play, and earn that money back on ticket sales etc. I wouldn't pay this kind of money for a VIP ticket per say.

Took a bit more time to sneak around your website, and perhaps misunderstood the question. Since you're doing an event crowdfunded, as a single person joining such crowdfunding project (and not being the initiator), I'd probably invest as much as a regular ticket price based on some kind of perks coming in with it.

I'd support e.g. Arcade fire available with $50-100 to see the band play, but I'd consider paying up to $100-200 in case there would be some kind of interesting perk.. or maybe as much as $500 to let's say meet up with the band after the show or something like that.

2 years ago