Saturday, May 28, 2016

1871 Startup JAMMBER Featured in CUSP


CUSP Magazine sat down with CEO and co-founder of Jammber Marcus Cobb. Cobb is not your typical entrepreneur. He grew up with a family of musicians and a skilled coder, oversaw and owned software companies and was even a lingerie designer, all of which helped to shape who he is today. Now working on Jammber, all his work has come full circle. It’s not surprising seeing as he’s no stranger to innovation and progress.
Jammber gets its name from the combination of the music term jam and the word members. It has come to signify the music community to Cobb and his team. In 2015, it went through an intensive 14-week program at Nashville’s music tech accelerator, Project Music, which has helped it launch. Since then, it has been carving out a path and adding a level of transparency to the music industry.
Cobb notes that for people to understand why Jammber exists, they first have to understand the problem. The entertainment industry makes billions worldwide in revenue and often times can lose touch with the people that do a lot of the leg work.
“What a lot of people don’t realize is that almost 30 percent of that never makes it to the people that it’s owed to. If a guitar player is making $50,000 a year and it takes eight months or even two years to get paid, that’s a huge problem,” Cobb said.

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