Archive for MONEY TEAM

CLAP FOR HIM: Jay Z Set To Launch Venture Capital Fund

CLAP FOR HIM: Jay Z Set To Launch Venture Capital Fund

02/21/2017  |  No Comments

02/21/2017

    "But I'm just a hustler disguised as a rapper. In fact you can't fit this hustle inside of a wrapper.." Shawn Carter
    According to multiple sources Rapper and Mogul Jay Z is launching a venture capital fund. Venture capital is a type of funding for a new or growing business. It usually comes from venture capital firms that specialize in building high risk financial portfolios. With venture capital, the venture capital firm gives funding to the startup company in exchange for equity in the startup.
    One of his partners will be Jay Brown, a longtime business partner and president of Roc Nation. The pair also is scouring the venture market for a full-time investment partner. The "Jays" also are partnering with Sherpa Capital, although this won't be a Sherpa-branded effort, and existing Sherpa staff won't be leading investments.
    Expect the focus to be on seed-stage tech opportunities, with this really being the institutionalization of Jay Z and Jay Brown's previous angel investing activities. For example, they both were in Uber's Series B, at a $300m pre-money. Other investments have included JetSmarter, plus his involvement and stake in music streaming service Tidal.
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GET MONEY: Forbes Releases Their Annual Hip-Hop Cash Kings List

GET MONEY: Forbes Releases Their Annual Hip-Hop Cash Kings List

09/07/2016  |  No Comments

09/07/2016puffy

    "If you don't hustle you don't eat" Sean Combs
    P.Diddy has hustled his way to the number 1) spot on the 2016 Forbes Cash Kings List. We all know Diddy is one of the most hard working men in the game so his spot on the list isn't too surprising. My fav Jay Z comes in at number 2) and Nicki Minaj makes the number 6) slot on the list. Meek Mill didn't make the list but his girl did, so he's straight. Check out the full listing inside.
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GET MONEY: KATY PERRY COMES IN AT THE NO.1 SPOT ON FORBES WORLD'S HIGEST-PAID WOMEN IN MUSIC 2015 LIST

GET MONEY: KATY PERRY COMES IN AT THE NO.1 SPOT ON FORBES WORLD’S HIGEST-PAID WOMEN IN MUSIC 2015 LIST

11/05/2015  |  No Comments

11/05/2015

    Katy P is getting all the coins hunnTEA! Doing their normal pocket watching, Forbes released their world's highest-paid women in music in 2015 list and Katy came in at number 1. Maybe my name will be on there next year.
    The 31-year-old pop star is No. 1 on Forbes' new list of the world's highest-paid women in music in 2015 with estimated annual earnings of a whopping $135 million. She made most of her money from her 126-show Prismatic world tour, which ended in October, and endorsement deals with Covergirl, Coty and Claire's Accessories. Perry placed fifth last year, with $40 million. That's a $95 million pay raise!
    Coming in at second place on the list is Taylor Swift with $80 million.
    Beyoncé, 34, placed fifth on the magazine's 2015 roster with $54.5 million.
    Other female artists who made Forbes' list of the world's highest-paid women in music 2015 list include Lady Gaga, 29, Jennifer Lopez, 46, and Miranda Lambert, 31.
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