Known for his iconic rap music, Nas has focused on his business ventures in recent years. His business firm Queensbridge Venture Partners has invested in companies such as Lyft, Rap Genius, and Dropbox.
Recently Nas has cashed out, Amazon spent $1.2 billion to buy his early invested start-up, “Ring.” Ring provides video-doorbell services, security cameras, and home security systems. What was just a “video-doorbell” start-up caught Amazons eye. Now, Amazon has raised the price to a billion and it’s another win for the Hip Hop legend.
Congrats to Nas on securing the bag and walking away with $40 million from the deal.