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Nasir Jones Has Become A Legal Type Of Fella | This Fiscal Year Has Been Nasty For The Angel Capitalist

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“I’m Out for Dead President To Represent Me” that line from Nasty Nas, shifted the tide for a new breed of Mc to not only focus on the artform but to rake in some major cash while at it.

Nasir Jones, Hip Hop icon better known as Nas, is one of the Rap’s greatest MC’s to ever live. In the last 6 years, Nas stepped outside of music and built his cred as a tech investor. He’s invested in over 50 companies as a founding partner of Queensbridge Venture Partners and doesn’t plan on slowing down.

Nas first caught wind of startups when he heard the word “investment” in junior high.

“You invest your time, you can invest money and it was just a matter of time before it all fell into place for me. That’s one of the things that I thought a lot about as a young kid — the guys behind the scenes who make things happen, help build people up, make dreams come true,” Nas said in an interview with Fast Company.

After his success in music, he told CNBC he wanted to get into tech “to be surrounded by the smartest people in the world, and didn’t want to limit that to just music.”

 

DROPBOX – $10 BILLION VALUATION

Dropbox

LYFT – $5.5 BILLION VALUATION

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GENERAL ASSEMBLY – RAISED $70 MILLION IN SERIES D

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TILT – $400 MILLION VALUATION

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ROBINHOOD – RAISED $50 MILLION IN SERIES B

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CASPER – $550 MILLION VALUATION

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GENIUS – RAISED $40 MILLION IN SERIES B

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Nas company QBVP typically invests anywhere between $100,000 to $500,000 in a company’s early rounds. The following is a chart of all the investment rounds QueensBridge Venture Partners have participated in throughout the years with several highlights.

 

QBVP invested in several high profile late rounds, including:

  • Dropbox, a unicorn startup valued at $10 billion.
  • Lyft, Uber’s top competitor valued at $5.5 billion.
  • General Assembly, an alternative education community.

Also, several additional investments that’s worth mentioning:

  • Investment in Genius, previously known as RapGenius. Started as a rap lyrics knowledge annotation service. A perfect fit for Nas, who clearly provides significant value add beyond capital. Rapper Eminem has also invested in Genius.
  • Quite a few high profile fintech startups including: Robinhood — free stock trading; Coinbase — a bitcoin wallet & exchange; and Earnest — a technology enabled lender with a focus in student loan refinancing. There’s also Balanced, a payment service that unfortunately went into bankruptcy in 2015.
Nas with investor Ben Horowtiz and Facebook’s Mark Zuckerberg