May 19th, 2009 / 3:31 pm
Web Hype
Jimmy Chen
Web Hype
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Meta
That’s a little bit of genius
That’s a little bit of genius
sweet
I like thinking that Tao Lin is borderline retarded. Like Andy Warhol. A retard savant.
sweet
I like thinking that Tao Lin is borderline retarded. Like Andy Warhol. A retard savant.
damn
damn
you are a little bit funnier than i am
you are a little bit funnier than i am
I miss Fran.
I miss Fran.
damn
sweet
damn
sweet
Tao missed the best opportunity to have a ‘steady cash flow.’ Instead, he does stuff like sell shares in his novel and his MySpace page. That’s OK, but that’s $20,100 he has to pay taxes on. Right? I hope he’s got a good accountant.
Anyway, here’s what Oat would tell Tao:
Dude, you should have taken your Melville House advances — I’m guessing like $20K so let’s go with that — and had a contract where instead of getting the money upfront, or half upfront and half on delivery of ms. or publication or whatever — instead of that, you go on Melville House’s payroll.
Dennis is your buddy, he would have done it. You’re on the Melville House payroll for 20 weeks, which you’re grossing $1000 a week. Then you get laid off. Due to budget cuts or downsizing or hard times in the publishing industry.
You collect unemployment! Usually half your gross pay. In Mass., where I live — I know because I’m collecting for 9 months now, and they keep extending the bennies due to the recession — I get like $554 a week.
So you could have like $500 a week cash from government for a long, long time. Ya just gotta be on the books. (I had my grandpa put me on the books of his company.)
‘on the books’ then ‘laid off’ then ‘unemployment’ is how you get steady cash flow, bro.
Damn, you’ll say. Too late for the coming books, but that’s how you should structure your next book contract. Sweet, huh?
Tao missed the best opportunity to have a ‘steady cash flow.’ Instead, he does stuff like sell shares in his novel and his MySpace page. That’s OK, but that’s $20,100 he has to pay taxes on. Right? I hope he’s got a good accountant.
Anyway, here’s what Oat would tell Tao:
Dude, you should have taken your Melville House advances — I’m guessing like $20K so let’s go with that — and had a contract where instead of getting the money upfront, or half upfront and half on delivery of ms. or publication or whatever — instead of that, you go on Melville House’s payroll.
Dennis is your buddy, he would have done it. You’re on the Melville House payroll for 20 weeks, which you’re grossing $1000 a week. Then you get laid off. Due to budget cuts or downsizing or hard times in the publishing industry.
You collect unemployment! Usually half your gross pay. In Mass., where I live — I know because I’m collecting for 9 months now, and they keep extending the bennies due to the recession — I get like $554 a week.
So you could have like $500 a week cash from government for a long, long time. Ya just gotta be on the books. (I had my grandpa put me on the books of his company.)
‘on the books’ then ‘laid off’ then ‘unemployment’ is how you get steady cash flow, bro.
Damn, you’ll say. Too late for the coming books, but that’s how you should structure your next book contract. Sweet, huh?
P.S. I took care of Fran a long time ago. She ain’t home no mo’.
P.S. I took care of Fran a long time ago. She ain’t home no mo’.
Dov Charney told me that now that the publicity-getting-for-everyone lawsuit with Woody Allen is settled, American Apparel’s going after Tao’s profits & advance on his novella under NYC’s Son of Sam Law. Another lawsuit means more publicity for everyone!!!
Damn.
Dov Charney told me that now that the publicity-getting-for-everyone lawsuit with Woody Allen is settled, American Apparel’s going after Tao’s profits & advance on his novella under NYC’s Son of Sam Law. Another lawsuit means more publicity for everyone!!!
Damn.
seriously? are they really suing him?
seriously? are they really suing him?
heh
heh
man i’ve been trying to share that oozinator video for years, hope tao can spread it…
man i’ve been trying to share that oozinator video for years, hope tao can spread it…
man i’ve been trying to share that oozinator video for years, hope tao can spread it…
man i’ve been trying to share that oozinator video for years, hope tao can spread it…
Good one Jimmy.
Good one Jimmy.