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mp3.com has an interview with Pharoahe Monch. He mentions that Bad Boy offered him a deal and he also talks about "The Future":

mp3.com: OK. I've never heard another emcee copy your style verbatim, and [The Future] made me wonder if ghostwriting is something you've done often over the years?

PM: Nah. It's the first time I did it. One, because Puff called me in. He was like, "Yo, let me hear what you're working on." I played him some of my s***. He was blown away. I was like, "Wow. I didn't think he was going to respond like that." He played me the beats that he had, which was like Alchemist and Kanye and Denaun Porter and Havoc. And I was like, "Holy s***." Like, he has some real thorough beats. Being the psycho Scorpio that I am and knowing that he's a Scorpio, it was fulfilling to take the job to get to see what goes on behind the scenes of a mogul for my own crazy curiosity, you know.

mp3.com: And what did you see when you stared into that realm?

PM: The number one thing is there are lots of women. Number one thing is he appreciated my work ethic in the studio. But on the flip side, I appreciated his work ethic, period. Like, dude doesn't sleep. I never seen him sleep. I'm pretty sure he got sleep somehow somewhere, but.

Via Nah Right.