Two years ago, an ambitious YouTuber borrowed $ 20,000 to buy an old Logan Paul car for video. Currently, he has more than 1 million subscribers.

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Beam photo (left) and Paul photo (right)

Beem said he hasn’t fully paid off the $ 20,00 loan that Insider saw.Matthew Beem via YouTube and Logan Paul via Facebook

  • Colorado-based YouTuber Matthew Beem has become famous on social media in recent months.

  • He told insiders that he had borrowed $ 20,000 to fund the video idea of ‚Äč‚Äčcustomizing Logan Paul’s old car.

  • According to Beam, the video was produced at about $ 50,000 due to unexpected damage to the car.

YouTuber Matthew Beem still repays a $ 20,000 loan borrowed to fund a car-based video idea owned by renowned influencer Logan Paul, hoping to help grow the channel. Said that.

September 2020, 25-year-old beam generally Post content about the building Large object When StatuePosted on youtube video “I spent thousands on Logan Paul!” Currently, there are 13,000 views. In it, he said he intends to customize the yellow Dodge Challenger car that Paul had previously owned.

Paul is a controversial influential person with 23 million subscribers. He became famous for the now obsolete platform Vine and continued to post regular vlogs on YouTube.He received widespread backlash when he did I photographed what is supposed to be a corpse in Japan In late 2017, but later, he apologized and continues to post content for his large number of followers.

Beem told Insider that he was inspired by Paul and other influencers who made a name for themselves in the “vlog era” of the platform. Paul gave his car Beam, who went to the fans in September 2020, decided to contact the fans to get a car and allow them to “paint amazingly” in the video.

YouTuber told insiders Working as a head painter in the automobile industry at the time, he said, “I thought that if I was confident in the knowledge I learned from car painting, I could save a lot of money. To make a really big investment all-in. To. “

Mr. Beam said he was planning to buy a car from his fans and take out a loan for use in the video, but friends and colleagues thought the idea was “crazy.”

“I told them I was doing, but they thought I was insane. It was probably the scariest moment because I worked full-time for seven years,” he added. In the video, I didn’t really see any success at that time. But I really believed it and wanted to make that jump. “

According to Beem, the cost of the video was close to $ 50,000 because someone crashed into the car. This meant that you had to pay an extra fee to repair the car. YouTuber said it borrowed $ 20,000 from a Colorado-based credit union and paid a portion of the cost. (The insider saw a document related to the loan.)

“It was a lot more expensive than I initially thought because of the accident, but fortunately everyone was safe and everything really worked,” he told insiders.

After Beem posted a video showing that he bought the car on September 30, 2020, he said his channel “had some traction” and was more successful on the platform. The video itself wasn’t viral, but Beem said the concept inspired him to make other videos. Custom car When project In the end, there were millions of views each.

Subsequent video Posted in January 2022, Beem tried to send a customized Dodge Challenger to Paul’s house in Puerto Rico, but it failed because it was too expensive and is currently being played 3.3 million times on the platform.

According to analytics trackers, Beem has become famous on YouTube in recent months, gaining more than 1.2 million subscribers between September 2021 and March 2022. Social blade..

He told the insider He also borrowed $ 14,000 from his family To fund another video that is currently played 4.6 million times Where he customized his smart car For the popular YouTuber MrBeast. (Insiders could not independently verify this loan in YouTuber’s financial records.)

For more stories like this, check out Insider’s Digital Culture Team article here.

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