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Well, He Said He Was A ‘Business, Man!’ Rap Mogul, Jay-Z To Become A Tech Venture Funder To Help Startups

Shawn ‘Jay-Z’ Carter has come a long way from those Brooklyn, New York, Marcy Projects corridors to become the BLUEPRINT that all rappers should want to follow. The self-proclaimed former street hustler turned boardroom hustler has managed to parlay his ability to maneuver through the hustle game, into one of the biggest success stories hip-hop has ever seen. Except one or two, no one in hip-hop comes even close to the financial success Carter has seen. He said it best; ‘can’t knock the hustle.’

And now the hip-hop mogul is adding tech venture funder to his ever-burgeoning resume. Mr. Carter will look to infuse capital into tech startups tech while setting up a fund alongside Sherpa Capital – a venture capital firm that has invested in companies such as Slack, Uber, and Airbnb.

“Unnamed sources told Axios that Jay-Z, also known as Shawn Carter, will partner with venture capital firm Sherpa Capital, which has invested in companies like Uber, Airbnb, and Slack.Jay Z’s entertainment company, Roc Nation, has made some investments in tech startups such as private-jet rental company BlackJet and French audio equipment company Devialet, according to Crunchbase. Jay-Z will partner with Roc Nation president Jay Brown for the new fund, the report says.” – Source

While this story is still developing, we are pretty much convinced there is not much this guy cannot do at this point. He has taken a page from not only his own ‘blueprint,’ but we are sure those long conversations with Billionaire philanthropist and investor, Warren Buffett has helped!

He said early on in his rap career that he was out for ‘dead presidents’ (money) to represent him, and he meant it!  Here is a reminder below:

Photo credit: Tom Murro & Own’s Master Class

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