Entertainer, Business Mogul and soon to be father of twins, Shawn Carter, is adding Venture Capitalist to his resume. According to Business Insider, Mr. Carter is entering into the Venture Capital world with a heavy interest in the Tech industry. Along with his Roc Nation President, Jay Brown, this new venture will open up more opportunities for Carter to add to his portfolio.
Jay-Z isn’t new to the tech world, as he has been investing in Tech Startups for years now. One of his biggest tech investments was in the early stages of uber which he and Brown invested in 2012. He has also invested in the high-tech-luggage maker Away, the nail-parlor company Julep, and the private-jet startup JetSmarter, according to Axios. Not to mention he is the co-owner of the music streaming service Tidal.
The new Venture Fund will focus on seed money for Tech Startups. We will keep you posted on new developments of this new venture. Would you like Mr. Carter to invest in your business?