News

Jay Z Is About To Start A Venture Capital Fund

By Daryl Nelson
pixel_start

According to a report from Axios, Jay Z is starting a venture capital fund with his longtime business partner Jay Brown, who's also Roc Nation's president.

The two will be partnering with Sherpa Capital and are currently looking for a third entity to partner with, since Sherpa won't be leading investments.

Hov and Brown will invest in "seed-stage tech opportunities," adding to their current investments in Uber's Series B, JetSmarter and of course the streaming service Tidal.

At this time, neither Jay or his business partner have commented on the new venture, possibly for two reasons: One, certain restrictions keep the rapper and Brown from speaking on it and, two, it's just not Jay's style.

If you haven't noticed yet, he's really good at keeping his new business moves under wraps.

pixel_end
Posted In: News

Discuss

News Bhad Bhabie Exposes Trippie Redd With Tekashi 6ix9ine Reference Bhad Bhabie Exposes Trippie Redd With Tekashi 6ix9ine Reference / News News Snoop Dogg Criticizes David Irving For Quitting The NFL To Smoke; He Fires back Snoop Dogg Criticizes David Irving For Quitting The NFL To Smoke; He Fires back / News News A Boogie Wit Da Hoodie Says He Can't See His Daughter, His Baby's Mother Responds A Boogie Wit Da Hoodie Says He Can't See His Daughter, His Baby's Mother Responds / News News Watch Jhene Aiko Twerk For Her Birthday Watch Jhene Aiko Twerk For Her Birthday / News News Another Gunman Just Ran Up On Adam22 Of No Jumper Another Gunman Just Ran Up On Adam22 Of No Jumper / News News J. Prince Got Back YBN Almighty Jay's Rap-A-Lot Chain J. Prince Got Back YBN Almighty Jay's Rap-A-Lot Chain / News