Jay Z Is Launching His Own Venture-Capital FirmJay Z, whose real name is Shawn Carter, has been investing in tech startups since at least 2012.
This story originally appeared onBusiness Insider
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According toAxios' 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 makerAway, the nail-parlor company Julep and the private-jet startupJetSmarter.
Carter is also the co-owner of themusic-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.
