In less than three years, the Fanbase social content app has raised six million dollars (without traditional venture capital) and is inching toward the one-million user mark. How did co-founder Issac Hayes III take the app from nothing all the way to this? If you ask him, his life spent in the cut-throat music industry gave him the inspiration AND business chops to thrive within the tech space. As the son of legendary R&B artist Isaac Hayes, he was made well aware from the get-go of the exploitative practices by record labels toward musicians. Isaac would go on to notice similar exploitation with social media giants and their users, who were creating content and driving attention, but reaping little of the billions of dollars in revenues being reported by the same corporations.Fanbase is changing those optics. On the app, users can post content — written, photo, video, audio chat, and live stream — for a subscription fee. As Isaac sees it, “monetization for every user is the wave of the future.” For a full glimpse of how Isaac is building Fanbase into a disruptive social media force, you’ll want to tune into our interview. Here’s what we covered in the episode:[4:10] Fanbase Raised $6 Million From Crowdfunding — Not Venture Capital[6:34] The Most Important Investors Of Fanbase [8:10] Making Investing More Accessible[10:30] How Fanbase Is Acquiring New Customers[11:59] Fanbase’s Biggest Business Advantage (Not What You Think)[14:13] “Monetization For Every User Is The Wave Of The Future”[16:18] Why Artists Shouldn’t Sell Their Catalogs[22:23] What Isaac Loves About Technology[23:40] What Does Fanbase’s Future Fundraising Timeline Look Like?[26:38] Size Of Fanbase’s Team Now & In Near-Future[27:51] Atlanta’s Underrated Scene Outside Hip-Hp[30:39] Isaac’s Influence For Creating Fanbase[32:34] Getting The Music Rights Back For His Dad[33:48] Keeping Black Icons Relevant Post-Death[36:14] Will There Ever Be An Isaac Hayes Movie?[41:45] Fanbase’s New FeaturesListen: Apple Podcasts | Spotify | SoundCloud | Stitcher | Overcast | Amazon | Google Podcasts | Pocket Casts | RSSHost: Dan Runcie, @RuncieDan, trapital.coGuests: Isaac Hayes III, @isaachayes3  Trapital is home for the business of hip-hop. Gain the latest insights from hip-hop’s biggest players by reading Trapital’s free weekly memo. _______________TranscriptionIsaac Hayes III 00:00I think monetization for every user is the wave of the future. I keep saying it, I think that there isn't a person right now that isn't subscribed to at least one thing. And one subscription becomes more and more the common vernacular of how we engage with content. Social media is the last, you know, frontier that's left. You know, when you think about TV and film with Hulu, and Netflix, and Disney+, and music with Spotify and Apple Music, and print media with Forbes, and The New York Times, and Billboard, and then productivity software like Adobe Premiere Pro, Microsoft Word. Like, you don't... You're subscribed to something. You're probably subscribed to an app on your phone that allows you to edit your photos. And so subscriptions are just the language. And so I think that's going to be the language of the future moving forward.Dan Runcie 00:53Hey, welcome to the Trapital podcast. I'm your host and the founder of Trapital, Dan Runcie. This podcast is your place to gain insights from executives in music, media, entertainment, and more, who are taking hip hop culture to the next level. Today's guest is Isaac Hayes III. He's the founder and CEO of Fanbase. Fanbase is a company that helps creators better monetize the content they put out. And on Fanbase's platform, followers can subscribe for $3.99 a month to get all of the exclusive content from their favorite creators, or they can follow creators and they can spread love. Love is the primary form of engagement on Fanbase, and it's how creators monetize. The more likes and love they get, the more revenue that they get into their pockets. So Fanbase a