YBNL record label boss, Olamide has explained why he took some time off and started focusing on bringing new artistes to the limelight.
The rapper explained that he noticed he had accumulated so much wealth and did not know what to do with the money, so he decided to sign artistes that could make good music.
Olamide said, as quoted by pulse.ng, “I just started stacking up money and the money was becoming too much for me. I was like, ‘Yo, I don’t have anything to do with this money. I need to sign new guys. Let me spend money on people. You know it is just like my own way of giving back to society.”
The 33-year-old launched the record label - Yahoo Boy No Laptop Nation, also known as YBNL in 2012. The label has seen many successful musicians, including Adekunle Gold, Lil Kesh, Fireboy DML, Asake, and others.
