Wu-Tang clan member invested in online chess, entertainer investing - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Here's what happened when a member of the Wu-Tang Clan invested in an online chess site and offered to play against users (by zogblog)

Zack O'Malley Greenburg is the author of "3 Kings," "Empire State of Mind," and "Michael Jackson, Inc."A-LIST ANGELS: How a Band of Actors, Artists, and Athletes Hacked Silicon ValleyIn it, he tells the tale of Wu-Tang Clan cofounder Robert "RZA" Diggs venturing into the world of investing.

He'd grown up in hip-hop, a genre founded on a sort of technology: the turntable, which enabled early DJs to extend the most danceable parts, or breaks, of popular songs. Whether it was "b-boys" or "b-girls" showing their skills during these interludes or emcees laying verses, this advancement paved the way for the foundation of the genre that's now America's most consumed form of music.

RZA had grown up poor on Staten Island, but two of the things that opened his eyes to the broader world were martial arts and chess. He learned chess at age 11 from a girl he claims also took his virginity; throughout his adolescence, he says he engaged in more of the latter sort of one-on-one play, in part because his family couldn't afford a chess set.

WuChess launched in June 2008 with 5,000 fans preregistered and mere hundreds paying the annual $48 membership fee up front. With support from organizations like the Hiphop Chess Federation, which aimed to empower youth through the connection between hip-hop and martial arts — and the allure of playing against actual Wu-Tang members — WuChess claimed its ranks would soon soar.

The site eventually faded away, and Zisk got burned; RZA simply lost equity he hadn't paid for. When asked what had transpired, Bobby Digital offered a slightly different explanation. "Something sloppy happened from my side of the table," he says. "I think somebody in my camp did some ghetto s--- ... I just remember somebody on my camp doing something really stupid, and it really was embarrassing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

zogblog

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The head of Adobe's enterprise business on digital transformation - Business InsiderHere are the two big challenges the head of Adobe's head of enterprise businesses says all companies face when undergoing digital transformation
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon will be streaming the Yankees for Prime Members - Business InsiderAmazon will non-exclusively stream 21 regular-season Yankees baseball games for Prime members via Prime Video in four US states.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Harvard, HR leaders, Honeywell, Shark Tank, Bain - Business InsiderOur regular newsletter for getting things done. Like how the most inspiring HR leaders transforming their company's cultures.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The US government has never had a better opportunity to truly reshape our economy - Business InsiderThe US government should seize on the coronavirus-driven plummet in bond yields and issue new long-dated debt to invest in critical infrastructure.
Source: BusinessInsider - 🏆 729. / 51 Read more »