How Nas made money from Coinbase?
Nas didn't invest in Coinbase directly, as his investment was made via his portfolio company Queensbridge Venture Partners. Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round.
It's no secret that cryptocurrency exchange Coinbase's IPO made a lot of people money, but one surprising winner was Nas, the iconic east-coast rap icon.
In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Nas has landed a number of successful early investments, primarily in technology companies. Some of Nas' early tech investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV.
Brian Armstrong
Coinbase went public in a direct offering on Nasdaq on April 14, 2021, briefly reaching a market capitalization of $100 billion. Armstrong owns a stake of about 19% in Coinbase, and his estimated net worth is $14.7 billion.
Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack.
Nas didn't invest in Coinbase directly, as his investment was made via his portfolio company Queensbridge Venture Partners.
As previously reported by Cointelegraph, Nas is an early Coinbase believer, investing in the company through his venture capital firm QueensBridge Venture Partners. The rapper reportedly joined Coinbase's $25 million Series B round in 2013, buying between 99,000 and 496,000 shares at a price of $1.00676 per share.
Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. (This is according to Forbes' reporting, which has been disputed by some rappers in the past.) However, there was a new name on the list: legendary rapper Nas. who took home $35 million.
According to his blog on NasAcademy.com, Nas Daily makes $400,000 to $500,000 every month. Around $100,000 of that figure is from ad revenue on YouTube and Facebook. Nas Studios charges anywhere between $10,000 to $70,000 per video production project.
For Nas, the two songs will be released as tiered NFTs: for example, $50 gets you a gold NFT of 'Ultra Black' with a 0.0143% share of its streaming royalties, but if you shell out $4,999 for a diamond NFT, you'll get 2.14% of its royalties. Both drops will be limited editions: 760 and 1,110 tokens respectively.
Can crypto make you rich overnight?
Forks and airdrops may not make you rich overnight, but they're a great way to accumulate excess cryptocurrency, which can help you build long-term wealth. Airdrops are essentially promotions of new cryptocurrencies that developers release to spread awareness and recognition.
In April last year, the Shiba Inu market cap barely registered anything – but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. If you think you missed the chance to become one of many Shiba Inu millionaires over the past year, here's why you should check out EverGrow Coin.
hangpeng Zhao, the founder and CEO of Binance, is the wealthiest person in crypto, worth an estimated $65 billion, according to Forbes' 2022 Billionaires rankings, published on Tuesday April 5.
Rapper Nas founded QueensBridge Venture Partners in 2013. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in today's Coinbase IPO. An early investor in the company, the rapper's stake is worth at least $40 million.
The rapper's investment company has been on a hell of a run recently. Last year, Amazon bought PillPack and Ring — two companies Nas invested in — for north of a billion dollars. Nas has also invested in hot properties like Genius, Dropbox, Lyft, and SeatGeek.
Nas and Snoop Dogg invested in Robinhood 7 years ago. At the time, it was worth $62 million. Today, Robinhood's worth $32 billion.
Coinbase stock is down 83% from its all-time high, including a 25% drop in just the last 24 hours alone. So, I really, really, really hop Nas decided to sell at some point in the last year.
Nasir Jones' QueensBridge Venture Partners invested in 2013. A source familiar with the matter confirmed QueensBridge is still on the Coinbase cap table.
An early investment that Nas made on a smart doorbell company is now paying off. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com.
Torry Threadcraft.
Is Rick Ross richer than 50 Cent?
50 Cent Fans Clown Rick Ross Over “Richer Than I Ever Been” Album ...
| Position | Rapper | Net Worth |
|---|---|---|
| 1 | Kanye West | $6.6 Billion |
| 2 | Jay-Z | $1.3 Billion |
| 3 | Diddy | $900 Million |
| 4 | Dr. Dre | $500 Million |
| Rank | Musician | Net Worth |
|---|---|---|
| 1 | Kanye West (Ye) | $2 billion |
| 2 | Rihanna | $1.7 billion |
| 3 | Jay Z | $1.4 billion |
| 4 | Andrew Lloyd Webber | $1.2 billion |
About Nuseir: Nuseir Yassin, founder and CEO of Nas Daily, has grown to be one of the most influential content creators on social media. With over 47 million followers across his social media channels, his videos are available in 13 languages today.
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Nas Daily.
| Nuseir Yassin | |
|---|---|
| Years active | 2013–present |
| Partner(s) | Alyne Tamir (2017–present) |
Around the World in 60 Seconds: The Nas Daily Journey—1,000 Days. 64 Countries.
What is the estimated range of royalties value of Nas Rare NFT? Based on my back of the spreadsheet calculations, the value of the remaining streams for the song Rare are worth as much as $1.7M, and as little as $224K.
Royal NFTs are certificates of authenticity that point to ownership of rights of a song, and not the audio file itself. Royal enables fans to be a part of the artists' journey by selling song rights as NFTs, giving a chance for anyone to own a piece of their favorite musicians' songs and earn royalties with the artist.
The simplest way to see an NFT collection's royalties on OpenSea is to simply click the “Buy Now” button on a particular NFT. This will open a checkout window that displays the “Creator Fees”.
Ethereum. Ethereum is a platform powered by blockchain technology that is best known for its native cryptocurrency, called Ether, or ETH, or simply Ethereum. ETH has been at the forefront of a blockchain smart contract platform. It is one of the top 10 cryptocurrencies with millionaire-maker potential in 2022.
How can I become rich from nothing?
Invest Your Money
If you want to get rich from nothing, investing is a must. After you increase your income and cut expenses, investing will put your money to work for you. Compounding interest allows it to grow much more quickly than simply accumulating money in a checking account.
Shiba Inu Price Prediction 2025
It is assumed that in 2025, the minimum SHIB price might drop to $0.00004255, while its maximum can reach $0.00005170. On average, the trading cost will be around $0.00004379.
Although it seems impossible for SHIB to reach 1 cent right now, if the project begins burning more and more supply, however, that will certainly be possible. So yes, it is possible for Shiba Inu Coin to reach 1 cent; however, it will be very difficult.
Shiba Inu has a direct relationship with the Bitcoin price. But at the current moment, Shiba Inu is aiming to be the next Bitcoin in the crypto market. The past performances and future performances are very unpredictable to research and confirm that by end of 2022 or after ten years SHIB will hit the US$1 milestone.
Bill Gates doesn't own cryptocurrency because he “likes investing in things that have valuable output,” he told readers on a Thursday “ask me anything” Reddit thread. “The value of companies is based on how they make great products,” he wrote.
Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world's largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times today.
| Address | % of coins | |
|---|---|---|
| 1 | DPDLBAe3RGQ2GiPxDzhgjcmpZCZD8cSBgZ wallet: RobinhoodBalance:39,788,330,963 DOGE ($3,464,937,738) Ins:72 Outs:12 | 29.31% |
| 2 | DE5opaXjFgDhFBqL6tBDxTAQ56zkX6EToX wallet: BinanceBalance:7,799,079,535 DOGE ($679,177,144) Ins:279 Outs:229 | 5.75% |
Born Hakeem Seriki in Washington D.C., the rapper actually began his entrepreneurial journey in 2004 when he founded his own record label called Chamillitary Entertainment. He later invested in Maker Studio, a multipurpose digital platform, which was sold to Disney for a reported $500 million in 2014.
Rapper Nas has built an expansive investment portfolio spanning more than 100 companies, from fintech to mattresses. His latest deal is more personal than most. The New York hip-hop legend is becoming a co-owner of Escobar Cigars, an upstart label.
What is Snoop Dogg invested in?
Millionaire Rapper Snoop Dogg Invests in Billion Dollar Fintech Klarna. Founded in 2005 in Stockholm, Swedish fintech giant Klarna was valued at $2.5 billion last year. This week they announced an unlikely new minority shareholder in US rapper Snoop Dogg.
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Jones investing up to $500k into small technology-based startup companies. These companies include direct-to-consumer mattress company Casper, ticket reseller SeatGeek, digital media brand Genius, ride-sharing service Lyft, and personal cloud storage service Dropbox to name a few.
An early investor in the company, the rapper's stake is worth at least $40 million. The cryptocurrency exchange was valued at $99.6 billion today when trading began and reached a valuation of over $100 billion in minutes.
Torry Threadcraft.
An early investment that Nas made on a smart doorbell company is now paying off. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com.
21, 2020. U.S. rapper Nasir Jones (better known by his stage name, Nas) is among the fortunate few to have made early investments in Coinbase, the cryptocurrency exchange expected to reach over $100 billion in valuation when its COIN stock lists on Wednesday.
