Details re: the Vinyl Collective Cooperative label

[xfedaykinx]

this is a pretty sick idea. id love to become a part of it

[thrillho]

with all this support virgil, you could offer 200 shares by the time you were ready to.

and yes, i hope to get in on this too.

[alejandroid]

count me in!

[markalark17]

I could be down with this. Assuming I have the money and am online at the right time. Hopefully we get to press different genres instead of always having hardcore type stuff.

[malestudent15]

I am down.

[seafoamgreen]

I'm interested, though I have a feeling I probably wouldn't be all that into most of the records that get pressed. Any chance you would be willing to work directly with someone to release a particular record?

[flood]

also, a suggestion for label name: "we just found a box of" records

nick gets a cookie for this brilliant suggestion.

[markalark17]

Would the shareholders get the rarest release for free?

[monk0nuggets]

Count me in man!

[flood]

Would the shareholders get the rarest release for free?

yep. the way it looks to work is this.

you buy a share. you're gauranteed 2 records for this share. (ie the rarest colors of the first two releases)

if said releases sell well enough to recoup and thensome... the collective votes again and selects another record to release..

shareholders all get the rarest color of that and any subsequent records pressed.

so basically.. if you select good albums to release, and help promote them.. you get more and more rare records.. and judging by the stuff that virgil has already been scoring licensing rights for... could be some really hot releases

[cosmonaut]

I love this idea - it's really innovative. I think 'The Collective' is a great name for the project.

[ps]

If I have some extra $$, I will participate as well.

[Guest baseball]

Fuckin' stoked. I am so in on this.

It's not that huge a deal to me if the records pressed aren't my top choices, this is just going to be FUN.

[jessenpr]

i love this idea. i'd also be very interested to know a few more of the ins-and-outs of the process of getting said record(s) pressed (ie: pressing plant info, turnaround times, artwork specs, legal mumbo jumbo, etc). i think that'd definitely raise the "collective" concept to go beyond just investing. i'm always interested to know more about the business side of things.

[inutil]

I'm down.

[andywax]

I had thought about something like this a few years ago, but on a much smaller scale. Count me in!

[christopherods]

i love this idea. i'd also be very interested to know a few more of the ins-and-outs of the process of getting said record(s) pressed (ie: pressing plant info, turnaround times, artwork specs, legal mumbo jumbo, etc). i think that'd definitely raise the "collective" concept to go beyond just investing. i'm always interested to know more about the business side of things.

what i would suggest is that you create a portal/wiki/separate portion of this messageboard for shareholders that goes into detail about the record making process/pressing plants/etc as well updates you on the status of ongoing and upcoming projects, that way each one of you can have access to information on a continual basis.

[mynameistom]

this is such a badass idea, definitely count me in on this (if i can grab a share in time).

also i thought someone suggested '+1 records' as a name a while back.....that's pretty dope if you ask me.

oh and PRESS GLASSJAW AS THE FIRST RELEASE!

[flatlinemole]

heck yes. while i doubt things that i want pressed will be in the vast majority, i think i'll be satisfied with enough of the releases that it's worth investing in.

same, but count me in!

[timwt]

Press Blink 182 albums that aren't on vinyl! Enema and the Self-titled!

[lechevre]

This would be awesome and I'd be uber interested.

[kirbypuckett]

Just tell me where to sign sir. I'm way into this.

[reginaldbuxley]

this will all be announced in due time.

Am definitely looking forward to this, but am worried (like some others) that the shares will sell out VERY quickly - This would be exacerbated if people bought more than one share (e.g. to flip to others who missed out!)...To stop this, will you be imposing a one share per person limit?

A double-edged sword: You want to raise as much money as possible to cover costs, but you also don't want unscrupulous people profiting off of other VC users....

(sorry about that...anxious rant over!)

B

I don't know if this has already been brought up - but I think that

*) It'd be a good idea to allow multiple shares

*) Maybe limit it to 2-4 shares however?

I was thinking that you could make the shares "non-transferable" but I mean, what keeps people from just mailing them out in a trade or anything - ya know?

HOWEVER - I've already decided if I'm allowed to acquire multiple shares, I'd be giving away the extra records to forum'bros.

[valentine]

So down for this.

[ronniethebear]

I'm game. Count me in.

Same. And would we be able to buy more than one share each?