Conversation so far:
When was the first Demo released by The Replacement's?
Westerberg originally handed in the tape to see if the band could perform at Jay's Longhorn Bar
What was a song on the demo given to Jay's Longhorn Bar?
Westerberg eavesdropped as Jesperson put in the tape, only to run away as soon as the first song, Raised in the City, played.
Was the demo from The Replacement's popular?
Jesperson played the song again and again. If I've ever had a magic moment in my life, it was popping that tape in, said Jesperson.
Who was Jesperson?
Jesperson was the manager of Oar Folkjokeopus.
What was Oar Folkjokeopus?
Oar Folkjokeopus was a punk rock record store in Minneapolis
Are there any other interesting aspects about The Replacement's signing a record deal with Twin/Tone Records in 1980?
Because they were suspicious of the music business in general, the Replacements had not signed a written contract with Twin/Tone Records.

Question: why were the suspicious?
Self-contained rewrite: Why were the Replacements suspicious of the music business?