Billy is an unreleased track, thought to have been improvised on the spot during a rehearsal in 1984 (where Prince also taught the chords of Strange Relationship to the band), probably at Flying Cloud Drive Warehouse, Eden Prairie, MN, USA. The track is mostly made up of Prince playing guitar for around 45 minutes, with some improvised lyrics about how funky Billy's sunglasses are ("Billy" is thought to refer to Billy Sparks). No other recording of the track is known to exist. Interestingly a similar kind of line about sunglasses was used in the song Wally, which also remains unreleased
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