Renowned as one of the most influential rappers of our era, Nas has recently broadened his professional horizon by venturing into the realm of technology investments. As a founding partner of Queensbridge Venture Partners, a venture capital firm he established with his manager, Anthony Saleh, Nas has expanded his portfolio to include stakes in over 40 companies. His move into tech investment was driven by a desire to "be surrounded by the smartest people in the world," showcasing his ambition to grow and learn within one of the most dynamic sectors of the modern economy.
Nas's investment track record is nothing short of remarkable. His portfolio boasts significant holdings in high-profile companies, such as Dropbox, with a valuation of $10 billion; Lyft, valued at $5.5 billion; Tilt, with a $400 million valuation; and Robinhood, which raised $50 million in a Series B funding round. One of his most notable investments was in Ring, the innovative smart doorbell company, which led to a substantial return of $40 million following Amazon's acquisition of Ring, after it reported $415 million in sales in 2018. Additionally, Nas was an early investor in Coinbase, the cryptocurrency trading platform, where his stake is currently valued at $40 million.
More recently, Nas has partnered with Google to invest $20 million in Carry1st, a South African gaming company known for titles such as SpongeBob: Mine Rescue and Match League. This investment aligns with his interest in supporting ventures that not only promise significant returns but also contribute to the growth of the technology and entertainment industries. Carry1st's co-founder and CEO, Cordel Robbin-Coker, expressed excitement over the collaboration, highlighting the blend of capital and expertise that Nas and other investors bring to the table. With a focus on launching multiple games and digital commerce solutions, Carry1st aims to cement its status as a leading consumer internet company in the region, bolstered by the growth acceleration and strategic guidance from its distinguished investors.
Her stage performances captivate audiences, making them spellbound and enthralled.
Nas, a legendary rapper, is now also recognized for his savvy tech investments, including stakes in Dropbox, Lyft, and Robinhood. His $40M return from Amazon's acquisition of Ring highlights his success.
This collaboration will further elevate Nas influence in the music world. We can expect some great music in the near future.
Nas is taking his legacy to new heights with these smart tech investments! It's impressive to see how he's not only made a name in music but is also making waves in the world of venture capital and innovation. Truly inspiring!
Inspiring other side of Nas that is about investment.