Jay Z Set To Launch His Own Venture-Capital Firm

73792226?profile=original

Jay Z continues to diversify his business portfolio.

The 47-year old rap superstar, born Shawn Carter, and Roc Nation President Jay Brown are preparing to start a venture-capital firm per Axios.

They will partner with Sherpa Capitol to launch the firm and are currently searching for a third investment partner

Axiom reports that Carter and Brown's company will focus on "seed-stage tech opportunities." The fund size has not yet been determined.

Over the last several years the pair have invested in JetSmarter, Uber's Series Bcosmetics company Julep and the luggage company AWAY, according to Business Insider.

Jay Z also launched the music streaming service TIDAL in 2015.

Photo credit: Joella Marano under the Creative Commons Attribution-Share Alike 2.0 Generic license.via Wikimedia Commons.

Follow Me

Join Our Facebook Fan Page Check Us Out On MySpace Follow Us On Twitter Follow Me On Youtube Like MY Facebook Page Connect With Me On Linkedin Connect With Me On Google+ Join My Website Follow Us On Twitter Follow Us On Instagram
E-mail me when people leave their comments –

You need to be a member of PaperChaserDotCom to add comments!

Join PaperChaserDotCom

Blog Topics by Tags

  • - (15906)
  • & (7760)
  • To (6046)
  • In (5721)
  • On (5540)
  • Of (4786)

Monthly Archives

} Facebook Login JavaScript Example