Video of Rick Ross performing for a scattered group of people recently went viral, suggesting the Bawse is taking an ‘L’ in his beef with Drake — but that’s not really what went down.

Craig Mogil, the head of venue and agency relations for GigFinesse, tells TMZ Hip Hop … Rozay was booked for a private afterparty connected to ROCKET-X Dallas’ home services conference.

Ross’ May 3 performance had been booked since way back in January … clearly enough time to generate ticket sales if that was the goal, but that wasn’t the case here.The Texas Live! venue was contracted to host 100-150 guests and Craig estimates it was at its capacity — and the “Aston Martin Music” rapper also held a meet and greet for around 50 people afterward.

Craig tells us video wasn’t permitted, but in today’s social media era, it’s hard to keep things in a bottle. Still, he says it was one of the best intimate shows he witnessed and RR was gracious with everyone he met!!!

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We just broke the story … Rozay is throwing down some serious cash for home improvements — $20 million to be exact, so it makes sense why he would be associated with a home services gig.Mansion-level makeovers don’t pay for themselves!