section_path: Other ventures/Business ventures
section_name: Business ventures
paragraph_text: Business ventures
  
  West founded the record label and production company GOOD Music in 2004, in conjunction with Sony BMG, shortly after releasing his debut album, The College Dropout. West, alongside then-unknown Ohio singer John Legend and fellow Chicago rapper Common were the label's inaugural artists. The label houses artists including West, Big Sean, Pusha T, Teyana Taylor, Yasiin Bey / Mos Def, D'banj and John Legend, and producers including Hudson Mohawke, Q-Tip, Travis Scott, No I.D., Jeff Bhasker, and S1. GOOD Music has released ten albums certified gold or higher by the Recording Industry Association of America (RIAA). In November 2015, West appointed Pusha T the new president of GOOD Music.
  
  In August 2008, West revealed plans to open 10 Fatburger restaurants in the Chicago area after his company, KW Foods LLC, bought the rights to the chain in Chicago. The first location opened in September 2008 in Orland Park and a second followed in January 2009. The Orland Park location closed in early 2011 due to poor sales performance.
  
  In January 2012, West announced his establishment of the creative content company Donda, named after his late mother. In his announcement, West proclaimed that the company would "pick up where Steve Jobs left off"; Donda would operate as a "design company" with a goal to "make products and experiences that people want and can afford". In stating Donda's creative philosophy, West articulated the need to "put creatives in a room together with like minds" in order to "simplify and aesthetically improve everything we see, taste, touch, and feel". West is notoriously secretive about the company's operations, maintaining neither an official website nor a social media presence. Contemporary critics have noted the consistent minimalistic aesthetic exhibited throughout Donda creative projects.
  
  West expressed interest in starting an architecture firm in May 2013, saying "I want to do product, I am a product person, not just clothing but water bottle design, architecture... I make music but I shouldn't be limited to one place of creativity" and then later in November 2013, delivering a manifesto on his architectural goals during a visit to Harvard Graduate School of Design. In May 2018, West announced he was starting an architecture firm called Yeezy Home, which will act as an arm of his already successful Yeezy fashion label. In June 2018, the first Yeezy Home collaboration was announced by designer Jalil Peraza, teasing an affordable concrete prefabricated home as part of a social housing project.
  
  In March 2015, it was announced that West is a co-owner, with various other music artists, in the music streaming service Tidal. The service specialises in lossless audio and high definition music videos. Jay-Z acquired the parent company of Tidal, Aspiro, in the first quarter of 2015. Sixteen artist stakeholders including Jay-Z, Rihanna, Beyoncé, Madonna, Chris Martin, Nicki Minaj co-own Tidal, with the majority owning a 3% equity stake. In October 2022, in direct response to bans he received on Twitter and Instagram stemming from his antisemitic comments, West reached an agreement in principle to acquire the alt-tech social network Parler for an undisclosed amount. Parler and West mutually agreed to terminate the proposed deal in mid-November.
  
  West founded the record label and production company GOOD Music in 2004, in conjunction with Sony BMG, shortly after releasing his debut album, The College Dropout. West, alongside then-unknown Ohio singer John Legend and fellow Chicago rapper Common were the label's inaugural artists. The label houses artists including West, Big Sean, Pusha T, Teyana Taylor, Yasiin Bey / Mos Def, D'banj and John Legend, and producers including Hudson Mohawke, Q-Tip, Travis Scott, No I.D., Jeff Bhasker, and S1. GOOD Music has released ten albums certified gold or higher by the Recording Industry Association of America (RIAA). In November 2015, West appointed Pusha T the new president of GOOD Music.
  
  In August 2008, West revealed plans to open 10 Fatburger restaurants in the Chicago area after his company, KW Foods LLC, bought the rights to the chain in Chicago. The first location opened in September 2008 in Orland Park and a second followed in January 2009. The Orland Park location closed in early 2011 due to poor sales performance.
  
  In January 2012, West announced his establishment of the creative content company Donda, named after his late mother. In his announcement, West proclaimed that the company would "pick up where Steve Jobs left off"; Donda would operate as a "design company" with a goal to "make products and experiences that people want and can afford". In stating Donda's creative philosophy, West articulated the need to "put creatives in a room together with like minds" in order to "simplify and aesthetically improve everything we see, taste, touch, and feel". West is notoriously secretive about the company's operations, maintaining neither an official website nor a social media presence. Contemporary critics have noted the consistent minimalistic aesthetic exhibited throughout Donda creative projects.
  
  West expressed interest in starting an architecture firm in May 2013, saying "I want to do product, I am a product person, not just clothing but water bottle design, architecture... I make music but I shouldn't be limited to one place of creativity" and then later in November 2013, delivering a manifesto on his architectural goals during a visit to Harvard Graduate School of Design. In May 2018, West announced he was starting an architecture firm called Yeezy Home, which will act as an arm of his already successful Yeezy fashion label. In June 2018, the first Yeezy Home collaboration was announced by designer Jalil Peraza, teasing an affordable concrete prefabricated home as part of a social housing project.
  
  In March 2015, it was announced that West is a co-owner, with various other music artists, in the music streaming service Tidal. The service specialises in lossless audio and high definition music videos. Jay-Z acquired the parent company of Tidal, Aspiro, in the first quarter of 2015. Sixteen artist stakeholders including Jay-Z, Rihanna, Beyoncé, Madonna, Chris Martin, Nicki Minaj co-own Tidal, with the majority owning a 3% equity stake. In October 2022, in direct response to bans he received on Twitter and Instagram stemming from his antisemitic comments, West reached an agreement in principle to acquire the alt-tech social network Parler for an undisclosed amount. Parler and West mutually agreed to terminate the proposed deal in mid-November.