Moneymanagement’s Weblog

Buy a share of the mind of a writer

Posted in interesting by moneymanagement on August 7, 2008

How does a struggling (or mildly successful) author survive while writing his book? Tao Lin has taken the Initial Public Offering (IPO) route to survival

In his blog he has very professionally outlined an investment plan for his new book where he invites investors to have a share of the royalties.

Here is his bio in his own words:

Tao Lin (b. 1983, Virginia) grew up in Orlando, FL and lives in Brooklyn, NY. Tao’s parents were born in Taiwan. Tao has a B.A. in Journalism from New York University.

Tao is the author of a story-collection, BED, and a novel, EEEEE EEE EEEE, published simultaneously by Melville House on May 15, 2007 in the first two-book story-collection/novel debut since Ann Beattie in 1976. Tao is the author of a poetry collection, YOU ARE A LITTLE BIT HAPPIER THAN I AM, which is regularly a bestseller (#4, #2, #4, #2) and two e-books, of poetry and stories, on bear parade.

Tao’s second poetry-collection, COGNITIVE-BEHAVIORAL THERAPY, was published May 15, 2008 by Melville House, who will also publish his second novel in 2009 or 2010.

Tao is a poetry editor for 3:AM Magazine. Tao’s writing has appeared in the following venues: Noon, Nerve, Esquire, Vice, The Stranger, Mississippi Review, Cincinnati Review, Bear Parade, Adbusters, etc.

Tao has art here. He was pardoned by Gawker. His first solo art showing was reviewed unfavorably by Gothamist commenters.

Moneymanagement’s take on it:

The novelty of the idea could make it saleable. Even if the IPO does not succeed, he has managed to capture the interest and imagination of the media and hopefully readers translating into higher sales for his past and future works.

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