RE ▁was ▁founded ▁in ▁ 2 0 1 0 ▁by ▁CE O , ▁Gh azi ▁Sh ami , ▁a ▁music ▁technology ▁gradu ate ▁of ▁San ▁Francisco ▁State ▁University ▁and ▁the ▁former ▁Director ▁of ▁Urban ▁Music ▁at ▁IN gro ov es . ▁In ▁operating ▁the ▁company , ▁Sh ami ▁was ▁joined ▁by ▁N ima ▁Et min an , ▁an ▁M BA ▁gradu ate ▁in ▁Media ▁Management ▁from ▁Hamburg ▁Media ▁School . ▁Et min an , ▁co - found er ▁of ▁the ▁hip ▁hop ▁platform ▁Dub C NN . com , ▁worked ▁to ▁expand ▁the ▁mission ▁and ▁services ▁and ▁as ▁of ▁ 2 0 1 1 ▁was ▁handling ▁Mark eting ▁and ▁A & R . ▁Et min an ▁now ▁serves ▁as ▁Vice ▁President ▁of ▁Oper ations ▁and ▁A & R . ▁ ▁Re leases ▁One ▁of ▁the ▁label ' s ▁first ▁chart ing ▁releases ▁was ▁Auth entic ity ▁by ▁hip ▁hop ▁du o ▁The ▁Foreign ▁Exchange , ▁released ▁on ▁October ▁ 1 2 , ▁ 2 0 1 0 . ▁It ▁pe aked ▁at ▁# 1 4 5 ▁on ▁the ▁US ▁Billboard ▁ 2 0 0 , ▁and ▁# 2 3 ▁on ▁the ▁US ▁R & B ▁chart . ▁R apper ▁Sc H ool boy ▁Q ' s ▁album ▁ ▁Set back s , ▁released ▁on ▁January ▁ 1 1 , ▁ 2 0 1 1 , ▁also ▁chart ed , ▁reaching ▁# 1 0 0 ▁on ▁the ▁ ▁Billboard ▁ 2 0 0 . ▁Long term ▁M ent ality ▁by ▁Ab - S oul