Synopsis from Little, Brown, and Company:
Combining high-octane storytelling with landmark financial reporting in the tradition of Michael Lewis, Zack O’Malley Greenburg delivers a transformative account of how Hollywood cashed in on the latest tech boom while bringing a blast of creativity and diversity to Silicon Valley.
How much is celebrity really worth? In a growing trend, Hollywood’s biggest stars from Ashton Kutcher to Beyoncé have set out to turn their fame into bankable capital by tossing out traditional endorsement deals in favor of strategic partnerships that grant them a stake in today’s top companies. Ushered in by 50 Cent’s deal with Vitamin Water — in which the rapper took equity instead of cash, eventually walking away with a nine-figure haul — celebrities of all different colors, genders, and talents have learned to capitalize on the invaluable benefits of their platform and visibility.
The ever-evolving, mutually beneficial relationship between Hollywood and Silicon Valley has led to everything from laughable flops and billion-dollar profits to rock star CEOs and paparazzi-worthy boards of directors. Through extensive reporting and exclusive interviews with stars like Shaq, Nas, Sophia Bush, and Steve Aoki, Forbes senior editor Zack O’Malley Greenburg takes an up-close-and-personal look at the rise of celebrity investors and their impact on companies including AirBnB, Spotify, and Uber.
A-List Angels is a book about business that reads like a thriller: entertaining, edifying, and not to be missed.
About: A-List Angels is a business entrepreneurship nonfiction written by Zack O’Malley Greenburg. It was recently published on 3/10/2020 by Little Brown, an imprint of Hachette Books, paperback, 288 pages. The genres are business/economics, entrepreneurship, and nonfiction. According to the publisher’s website, “Our Vision: To be the #1 destination for authors, agents, customers, client publishers, and employees. To be a respected publisher that values diversity, nurtures talent, rewards success, and honors its responsibilities. To be market focused in all we do, and to lead change in popular culture. To anticipate change, foster creativity, and encourage risk-taking and innovation.” Please see below for more information about the author and publisher.
My Experience: I started reading A-List Angels on 3/13/2020 and finished it on 4/14/2020. This book is an excellent read! I invest small sums of money on different companies and mutual funds so I enjoy reading about investments and how others invest their money. This book caught my attention because I didn’t realize that celebrities invested their money on startups and creating their own business instead of relying on their main job such as acting, singing or sports. It makes sense because they have the money and really this is where they can grow their money besides continue working. I like learning about celebrities in this area of life. I didn’t realize Rocawear brand was founded by Jay-Z. Definitely fascinating learning about entrepreneur Bill Gross. It’s amazing how people have so many ideas and able to create into something worth a lot of money. I’m amazed by the rapper, 50 Cent with his money making adventures.
This book started with an introduction about how celebrities pour their money into startup companies to earn a big sum of money. Startups like Google, Uber, Lyft, Vitaminwater, etc. Only celebrities and venture capitalists can afford to invest in startups because they have extra money to spend and able to sacrifice a few years of not getting paid from their investments until the startups grow big enough to sell or going public in order for the investors to get paid. First chapter introduce Shaquille O’Neal, basketball player. He invested in himself by getting an education after his basketball career and then invested his basketball earnings in startups like Google and Uber to grow his wealth. As the story move forward, readers will learn of musicians making money by creating a business of their own as well as buying a piece of an existing company.
A-List Angels is very well written and an interesting fast paced read! I am a small individual investor who only join the stock market 4 years ago. I do wish that I joined earlier to take advantage of Amazon and Google but then again, from this book, I learned the dot com has its ups and downs. So I guess I don’t feel so bad to join late. Definitely fascinating learning about well known brands and how much it was purchased for when it exchanged from one owner to another like Vitaminwater and Skype. The money 50 Cents, Shaq, Kutcher, Dre, Diddy, Jay-Z earned from their investments are mind blowing. No wonder the rich are getting richer! I’m reading this book word for word because I don’t want to miss out on cool information. I admire entrepreneurs who created amazing companies and then earning big returns for their time and efforts. I like reading about companies and celebrities I recognize like Jessica Alba’s The Honest Company. Also, one million YouTube views earn only $1,000? I thought it’s a lot more! This book is a fantastic read and too many good parts to list them all so I recommend everyone to read this book!
Pro: investment, startups, celebrities, entrepreneurs, money making
I rate it 5 stars!
About the Author:
Zack O’Malley Greenburg is the senior editor of media & entertainment at Forbes and the author of 3 Kings, Empire State of Mind, and Michael Jackson, Inc. His work has also appeared in the Washington Post, Billboard, Vibe, McSweeney’s, and Sports Illustrated. Zack has served as an expert source for NPT, BBC, MTV, and CBS’s 60 Minutes; as a speaker, he has appeared at SXSW, CES, TEDx, Harvard, and Yale. He lives in New York. (Photo and info obtained from Little Brown’s website).