[ad_1]
Nas, also known as Nasir Jones, is known as an accomplished MC, one of the key architects of the golden age of 1990s hip-hop, and is frequently hailed as one of the greatest rappers and lyricists of all time. It has been. his debut album, morbid, Released in 1994, it was almost instantly acclaimed worldwide and is now considered one of the greatest hip-hop records of all time. It was and still is the greatest testament to hip-hop’s core values. He didn’t just share his experiences verbally, he rhymed and vividly portrayed how America fails working-class blacks.
Following his breakthrough, Nas began releasing one masterpiece after another, earning himself the title of greatest lyricist of all time. But Nas isn’t just one of the most successful rappers of all time. He’s actually quite the businessman. Apparently, in addition to his lyrical talent, Nas also has a natural talent for identifying worthy business opportunities and capitalizing on them for greater profit. In fact, his business portfolio and insights extend far beyond hip-hop.
Nearly 30 years have passed since then morbidWith the launch of , Nas appears to be working on a completely different game now. He may not be as commercially viable as his one-time rival Sean Carter (Jay-Z), but Nas has made a fortune in the game of hip-hop. However, he broadened his horizons to larger business ventures and started spending money to make money. Nas is living proof that there is more to people than meets the eye.
Investing is a money game, and like all good ways to make money, buy things low, sell them high, and skim all the fat goodies.And that’s exactly what Nas did. Yes, and still continue. He buys stocks cheap, does his research like any sane business person, and sells stocks dearly for big future profits. This is a game of patience and financial literacy. Also, Nas’ portfolio includes several business his ventures that have provided artists with significant financial benefits.
Some of his early investments include a six-figure investment in mass appeal It was published in the magazine in 2013 and also served as co-publisher for that publication. That same year, he opened his own sneaker shop. Shops and businesses tend to do better financially when they are named after famous people. On top of that, he has his own apparel brand called HSTRY, an automated cloud-based digital audio that uses artificial intelligence for his mastering his audio his LANDR, his post-production tool. jointly owned. That particular business has recently undergone massive expansion.
Nas was also one of the first investors in Coinbase, an American publicly traded company that operates a cryptocurrency exchange platform. The company raised $25 million for him, and by the end of fiscal 2013 he was worth $200 million. Coinbase will make him nearly $8 billion in 2021, part of which will go into Nas’ pocket. He also invested his $4.5 million in Ring, Inc. in 2014 through Queensbridge Venture Partners. It was nearly two years before Shaquille O’Neal acquired a stake in the company and acted as Ring’s marketer.
Ring, Inc. was eventually sold to Amazon for just over $1 billion, and Nas made a $40 million profit on the sale. And that’s not even half the list. Other companies include Genius, PillPack, and several other highly profitable business ventures. PillPack is an online pharmacy company founded for $8 million before Amazon bought it for his $1.2 billion. It’s unclear how much profit Nas made as a result of this acquisition, but it should be substantial. Nas’ Queensbridge Venture Partners has also invested in direct-to-consumer mattress company Casper, ride-sharing service Lyft and digital media brand Genius.
One of the greatest rappers of all time, he has 188 private investments and has participated in more funding rounds than any other celebrity. Not all of them were victorious. In the investment game, sometimes you miss a shot. But in addition to what has already been said, Nas was in the midst of a market manipulation scandal sparked by the popular file hosting his service, Dropbox, and his squeeze of GameStop short America. is also involved in Robinhood, a financial services company in
Ultimately, Nasir Jones, aka Nas, isn’t the only rapper practicing sound money management, but he’s certainly part of the conversation among the business elite. Despite his moment adorned with his shiny rocky QB chain, Nas wasn’t the flashiest rapper on the scene. He always struck the right tone between classy and understated. Jay-Z may have snagged hip-hop’s first billionaire crown, but Nas is the most important angel investor. No one said you couldn’t get the crown of
[ad_2]
Source link
