My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Venture Capital

Jay Z Is Launching His Own Venture-Capital Firm

Jay Z, whose real name is Shawn Carter, has been investing in tech startups since at least 2012.
Jay Z Is Launching His Own Venture-Capital Firm
Image credit: Getty Images
Jay Z
Contributor
1 min read
This story originally appeared on Business Insider

Jay Z is entering the world of venture capital.

According to Axios' Dan Primack, the rapper and music mogul is launching a VC fund along with Roc Nation President Jay Brown. The pair are looking to add a third investment partner and plan to team up with Sherpa Capital to launch the fund, Axios reports.

Jay Z, whose real name is Shawn Carter, has been investing in tech startups since at least 2012. Both Carter and Brown invested in Uber's Series B, according to Axios, and Carter has invested in three other startups: the high-tech-luggage maker Away, the nail-parlor company Julep and the private-jet startup JetSmarter.

Carter is also the co-owner of the music-streaming service Tidal.

Carter and Brown's fund will focus on seed-stage companies, but the fund size hasn't yet been confirmed, according to Axios.

More from Entrepreneur

New York Times bestselling author Nicole Lapin can help you pitch your brand to press and strengthen your media training.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur