News

For The Second Time Amazon Pays A Billion For a Nas-Backed Company

By HHL JT
pixel_start

Amazon has purchased door-to-door pharmacy service PillPack for a billion dollars.

Nas's Queensbridge Venture Partners was an early investor in the company, partially funding them back in 2014.

This is the second time this year Amazon has a paid a billion for a Nas-backed company. In February, the e-commerce giant also paid ten figures for smart-doorbell maker Ring. It was reported that Nas made $40 million on the Ring deal.

We don't yet know what Nas netted on the PillPack purchase. (The company's two founders got $100 million each.) But one can assume it's a pretty penny.

And somewhere Kelis is licking her chops.

pixel_end
Posted In: News Nas

Discuss

News Lil Wayne Goes All In With Gucci Despite Blackface Controversy Lil Wayne Goes All In With Gucci Despite Blackface Controversy / News News Desus And Mero Explain Why J. Cole Is Trash Desus And Mero Explain Why J. Cole Is Trash / News News Watch Lil Pump Get Into A Shouting Match With Cops Watch Lil Pump Get Into A Shouting Match With Cops / News News Michael Rapaport Goes Off On Meek Mill For Not Being Good Michael Rapaport Goes Off On Meek Mill For Not Being Good / News News ScHoolboy Q Is Done With A$AP Rocky After Seeing Him In His Underwear Again ScHoolboy Q Is Done With A$AP Rocky After Seeing Him In His Underwear Again / News News YNW Melly May Have Killed A Cop, Too YNW Melly May Have Killed A Cop, Too / News