Lucy Guo: Passes Creators Conceal Earnings From Managers to Dodge 20% Cut
Lucy Guo · How Lucy Guo Is Building A Creator Empire with Shaq, Kygo & Olivia Dunne | Passes · Sourcery with Molly O'Shea · Dec 13, 2024 · at 10:43
Lucy Guo, founder of creator monetization platform Passes, explains how traditional talent representation contracts cause creators to falsify earnings statements.
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“We definitely have had an issue where creators didn't want to tell their managers or their agents how much they're earning on passes because they would have to pay 20% to them even though they weren't even involved in passes. Yeah, like, we have had creators that have told us they were photoshopping their earnings, essentially, or, you know, going into, like, inspect browser and, like, changing the numbers because they didn't want to, they didn't feel like their, like, managers or agents Deserve that 20%, which they don't.”
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