Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round. Kevin Durant speaks onstage during TechCrunch Disrupt in September 2017, San Francisco, California. Moonbirds NFTs Soar, Making. The latest in injuries draws further concern to the NBAs shortened 2021 season. Some of Nas' early tech investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV. When I heard the word 'investment' in school, I was hooked, the rapper told FastCompany in 2014. Back then, it was worth roughly $143 million. Some of Nas' early tech investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV. Analysts think . (This is according to Forbes' reporting, which has been disputed by some rappers in the past.) Ring is a home security company that manufactures security cameras and doorbells. After Coinbase went public on Wednesday, its shares closed at $328 on the opening day leading to a company valuation of over $85 billion, Newsweek reports. The trading platform's public listing was highly anticipated amid the increasing popularity of cryptocurrency. Coinbase, the largest cryptocurrency platform in the United States, will have its highly-anticipated Initial Public Offering (IPO) on Wednesday. Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. Amid increasing popularity in the cryptocurrency market, shares went as high as $430, giving the company a short-lived valuation of over $100 billion. I live by my mission to Be Bold. Another jibed that he almost broke [his] thumb turnin it off: Nas called himself the crypto currency scarface and I almost broke my thumb turnin it off https://t.co/xlbFUCqLeZ, PrThegreat609 (@CoachPr_NJ) April 30, 2021. The Marvel and Disney+ series only has two episodes left. We use cookies to ensure that we give you the best experience on our website. Armstrong owns a stake of about 19% in Coinbase, and his estimated net worth is $14.7 billion. Nasir Jones' QueensBridge Venture Partners invested in 2013. Follow the instructions for disabling the ad blocker on the site youre viewing. Nas invested between $100,000 and $500,000 dollars through his company QueensBridge Venture Partners during an investment round in 2013, reported Forbes. Ring is currently owned by Amazon. div_id: 'div-gpt-ad-rightrail-3', They have continued to make money from various revenue sources, including brand deals, speaking engagements, Nas Studios services, ads, and courses hosted at none other than Nas Academy. Nas ' investment firm, QueensBridge Venture Partners, could be banking big on Coinbase going public on the Nasdaq via a direct listing on Wednesday. This is a BETA experience. Last year, Amazon bought PillPack and Ring two companies Nas invested in for north of a billion dollars. The cryptocurrency exchange was valued at $99.6 billion today when trading began and reached a valuation of over $100 billion in minutes. B.E. But at the current moment, Shiba Inu is aiming to be the next Bitcoin in the crypto market. A chance to own a piece of boxing history. So, I really, really, really hop Nas decided to sell at some point in the last year. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue. The rapper's investment company has been on a hell of a run recently. Winner in life, fuck a coin toss / Im coinbased, cryptocurrency Scarface, raps Nas, likely referring to his $40 million stake in cryptocurrency exchange Coinbase, which he announced in the middle of last month, following Coinbases public listing on the Nasdaq. What app did Nas invest? 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. env: 'prod', [caption id="attachment_218302" align="aligncenter" width="590"] Birdman[/caption] (more). Now that Coinbase has been listed on Nasdaq and is currently trading for $297 per share, early Coinbase investors like Nas and NBA star Kevin Durant have made a lot of money. In total, entities affiliated with Ribbit own 11,995,949 Class B shares. env: 'prod', 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. kw: 'mandc,kevin-durant,nas', He used to once work at McDonalds flipping burgers but now, he is the richest crypto billionaire. Rapper Nas founded QueensBridge Venture Partners in 2013. 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. 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. Nas has also invested in hot properties like Genius, Dropbox, Lyft, and SeatGeek. 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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.Apr 16, 2021 He later invested in Maker Studio, a multipurpose digital platform, which was sold to Disney for a reported $500 million in 2014. Cryptocurrency Scarface immediately enters the Nas tech talk lexicon right alongside Google Earth Nas, I got flats in other continents. Around $100,000 of that figure is from ad revenue on YouTube and Facebook. Speaking of electricity: Selim Basak September 10, What is your position and what gesture are you ready to make to correct? 3. dahred 2 yr. ago. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. The company made history in April 2021 by being the first crypto company in the world to go public. With Coinbase trading at an average price of $350 yesterday, Nas and his VC firm stand to earn between $34.76 million and $173.8 million ROI, according to Coindesk. Did Nas invest in Robinhood? Management Click on the large blue power icon at the top. The market value of the rapper has thus also shot up. When the exchange goes public this week, he could rake in over $100 million. Nas has sold over 25 million records worldwide, which is an incredible achievement; and As of August 2022, Nas' net worth is $70 Million, making him one of the richest rappers in the world. Nas is looking at a major payday from his investment into cryptocurrency currency exchange platform Coinbase. Go check that out, and when you are finished, come back here. At the time of the investment, shares of Coinbase's Series B were worth $1.00676, meaning Jones' firm would have between 99,239 and 496,642 shares, according to CoinDesk. div_id: 'div-gpt-ad-rightrail-2', This will open a checkout window that displays the Creator Fees. kw: 'mandc,kevin-durant,nas', Named after the New York housing project where he grew up, QueensBridge has invested in more than 100 companies, including Casper, Dropbox, FanDeul, Parachute, Lyft Compounding interest allows it to grow much more quickly than simply accumulating money in a checking account. Economic Equity & Racial Justice Townhall Series, Elevate Black Podcast sponsored by Fifth Third Bank, 100 Founders of Change by American Express, Chasing Success Podcast by JP Morgan Chase, Black Business Month Sponsored by Nationwide, 2022 Registry Of Corporate Directors Listing, 2021 BE Registry Of Corporate Directors Listing. Based on Coinbase's current share price this investment would now be worth around $165 million. Changpeng Zhao, $65 billion Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. With Coinbase's Nasdaq debut on Wednesday, Union Square's wager on a web service that at the time had just over 100,000 members buying and storing bitcoin is now worth about $4.6 billion. SistersInc. Our editorial content is not influenced by any commissions we receive. Youll usually find this icon in the upper right-hand corner of your screen. The cryptocurrency hit a record high on Nov. 10 at $68,990. Make A Statement. In addition to Coinbase, Durant holds investments in companies like Postmates, Acorns, Andbox, and alternative-asset-management company Alt. baseDivId: 'pb-slot-right-1', Women of Power Summit divId: 'div-gpt-ad-rightrail-1', page_type: 'article', Amid increasing popularity in the. Fans are divided about the reference in his new song. NYC rapper Nasir Jones, known to the world as Nas, creator of the seminal. subcat: '', A source familiar with the matter confirmed QueensBridge is still on the Coinbase cap table. Depending on how close the share price gets to the $440 USD target, as it just closed out at $350 USD on private secondary markets, Nas QueensBridge Venture Partners could brand anywhere from $34.76 million $218.5 million USD. At the time, it was worth $62 million. Since Jay-Z also mentions. 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. If Coinbase takes things further and shares trade at DA Davidson investment bank, the price could go up to $440, bringing QueensBridge payout to $43.7 million to $218.5 million. On average, the trading cost will be around $0.00004379. Contact Talks about #seo, #writing, #freelance, #crypto, and #remotework. Sales Partnership Solutions (Video) Nas And Kevin Durant Make Multi-Millions Overnight From Coinbase Debut, (Video) Nas - Rapper Turned Investor | Makes Over $100 Million On Coinbase Investment | Nicky And Moose, (Video) Nas Made $100 Million From Coinbase, (Video) Nas made 200M with Coinbase IPO | How was made $200,000,000, (Video) Kevin Durant And Nas Made How Much From Coinbase??? Delivering Trusted Web3 Business Strategies Straight to Your Inbox Which coin can make you a millionaire? Following the initial public offering, Nas's shares are worth nearly $33 million. LYFT That value could also rise to $43.7 million and $218.5 million, respectively, if Coinbase shares trade at investment bank DA Davidson's new price target of $440 . So yes, it is possible for Shiba Inu Coin to reach 1 cent; however, it will be very difficult. 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. It just so happens that the world is opening up, Jones told Forbes in 2018. Has a nice ring to it! How do you make millions with cryptocurrency? According to the SEC filing, Ribbit Capital owns at least 5% of Coinbaise shares. So yes, it is possible for Shiba Inu Coin to reach 1 cent; however, it will be very difficult. Nuseir Yassin (Arabic: ; Hebrew: ; born9 February 1992) is an ArabIsraeli vlogger who is most notable for creating over 1,000 daily one-minute-long videos on Facebook, TikTok and Instagram under the page Nas Daily. 18. Nas is looking at a major payday from his investment into cryptocurrency currency exchange platform Coinbase. Refresh the page or click the button below to continue. Said hub launched an invite-only beta earlier this month. Millionaire Rapper Snoop Dogg Invests in Billion Dollar Fintech Klarna. Usually, the fees are divided as a maximum of 0.4% maker and a maximum of 0.6% taker, based on your 30-day trailing volume. The New World of Sync: How Two Sync Music Pros Are Surviving COVID-19, Tunefinds 2022 Top TV Placements Show Sync Opportunities for Catalog Tracks Are Stronger Than Ever, Is Sync the New Radio? Subscribe to Newsletter November 9, 2019. If you continue to use this site we will assume that you are happy with it. Note: We don't recommend accessing Coinbase through a browser on your mobile device. have exploded in value. 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. He added his "first priority" would be the Washington Football Team. tude.cmd.push(function() { Sniping the . Nas invested in Coinbase through his portfolio company Queensbridge Venture Partners. Nas performs onstage at the Northside Festival on June 7, 2019 in Aarhus, Denmark. The Humbling of Coinbase In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a "crypto winter" of cost cutting and layoffs. 10. At the time of the investment, shares of Coinbases Series B were worth $1.00676, meaning Jones firm would have between 99,239 and 496,642 shares, according to CoinDesk. subcat: '', In other words, Nas' early investment is about to pay off, big time. The basketball star is known to make start-up investments. aid: '713496', 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. His firm invested between $100,000 and $500,000, its typical amount. If he made an investment along the lower end of his spectrum, the 2x NBA Finals MVP would have a current ROI of $15.3 million. How many shiba inu millionaires are there? Shares of Coinbase Global Inc., the largest U.S. cryptocurrency exchange, started trading Wednesday under the ticker symbol COIN. Go to https://www.coinbase.com from a browser on your computer, or download and open the Coinbase app on Android or iOS to get started. Its unclear exactly how many COIN shares the 47-year-old rapper acquired and which price he sold at, given that the stock was hovering around $330 per share at the time of this pieces publishing. What did Nas invest in? 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. QueensBridge makes early-stage investments between $100,000 and $500,000, according to co-founder Anthony Saleh. Airdrops are essentially promotions of new cryptocurrencies that developers release to spread awareness and recognition. Introduction: My name is Greg O'Connell, I am a delightful, colorful, talented, kind, lively, modern, tender person who loves writing and wants to share my knowledge and understanding with you. heads and hip hop fans alike with his new Jay-Z/ DJ Khaled collaboration, Sorry Not Sorry. Create a Coinbase account to buy and sell Bitcoin Cash on the most secure crypto exchange. Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round. 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. url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', pos: 'right_rail_2', Apr 14, 2021. READ: Google founders earn $42 billion in 100 days The Coinbase IPO is going to make a bunch of company insiders and early investors extremely rich. 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. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in todays Coinbase IPO. 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. Yuliya Christensen/Getty Images. Based on the price of Coinbase shares at the timearound $1 according to CoinDeskit means Nas could have bought as many as 500,000 shares. Here is a breakdown of how much money Nas Daily accounts earn from ad revenue in 2022: Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack. Photo Credit: Coup dOreille. Two-time NBA champion Kevin Durant just joined rapper Nas in earning huge payouts from their early investments in the cryptocurrency trading platform Coinbase. Privacy Policy url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', $40 million You may have more than one ad-blocker installed. With the launch of two crypto futures . As such, a successful addition to Nasdaq should act as endorsement of cryptocurrencies by traditional investors., DMX Mourned by Swizz Beatz, Nas, Fat Joe, Missy Elliott, Eve, and More, Watch the Video for Nas and Hit-Boys EPMD, Nas Illmatic and Janet Jacksons Rhythm Nation 1814 to Be Inducted Into Library of Congress. aid: '713496', 3. Jones venture capital portfolio expands beyond just Coinbase. Google's 2004 IPO is one of the most-famous direct listings. According to CoinDesk, this would make his share quantity range anywhere from 99,329 496,642. 8. Back then, it was worth roughly $143 million. In other words, Nas early investment is about to pay off, big time. @IanAllison123 reportshttps://t.co/sJC1Gcgv13. Some bulls are projecting a valuation at $100 billion or better, which would make it bigger. How much did Chamillionaire sell his app for? Through QueensBridge, Nas made an investment in Coinbase back in 2013 when the trading platform was only around one year old. Coinbase now has a market cap of $60 billion and each share trades for $297. After dividing that investment range by Coinbases Series B share price from thattime, Coindesk estimates that QueensBridge could now own99,329 shares on the low end or 496,642 on the high end, which would give the firmbetween $34.76 million and $173.8 million worth of shares. In 2015, Durant told ESPN's Fantasy Football Focus podcast: "I would definitely love to own a team, you know hopefully one of these years, toward the end of my career.". With Durant and the Grammy Award-winning rapper making early investments in Coinbase, their reported return on investment is estimated to be in the multimillions. It's unclear how much Durant invested in Coinbase back in 2017, but he has made million-dollar investments in the past, including a $1 million investment in Postmates before its sale to Uber. After all, money is his honey. Nas invested between $100,000 and $500,000 dollars through his company QueensBridge Venture Partners during an investment round in 2013, reported Forbes. How much do SA rappers earn per month? display: none !important; Nas and Snoop Dogg invested in Robinhood 7 years ago. ABOUT Nasir Jones' QueensBridge Venture Partners invested in 2013. Passing Tyler Ninja Blevins with over 270,000 subscribers. who took home $35 million. Buy Bitcoin Cash Market Market stats Market cap $2.4B Volume (24h) $219.5M Circulating supply 19.3M BCH Typical hold time 55 days Popularity #22 All time high $4,355.62 Price change (1h) +0.37% Price change (24h) -5.76% Price change (7d) baseDivId: 'pb-slot-right-1', Rapper Nas Scored $40 Million From Coinbase's IPO. Create your account. Here's an example: if a customer wants to buy $100 of bitcoin with a U.S. bank account or digital wallet, the flat fee would be $2.99 and the variable fee would be $1.49, so the customer would pay a $2.99 fee on the transaction. One listener has done the math and agrees that Nas has every right to enjoy his new title as cryptos Scarface: > 50% profit. Join half a million readers enjoying Newsweek's free newsletters. When Coinbase raised $25 million in a Series B funding round in 2013, Queensbridge announced it was an investor. Considering this, How much money did Coinbase make from the Super Bowl? If you don't, you can read our step-by-step guide. Shiba Inu has a direct relationship with the Bitcoin price. When QueensBridge invested in Coinbase, cryptocurrency was still a nascent industry and presented sizable risk (it still does, to be fair). Since Jay-Z also mentions his investment portfolio, some fans see it as a misguided attempt from both rappers to capture 2021s zeitgeist while flexing their personal wealth.