One of Nas early investments may be paying off in a big way. According to CoinDesk Nas created the QueensBridge Venture Partners investment firm which invested in Coinbase back in 2013.
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Nas is a rapper that has a VC firm called QueensBridge Venture Partners.
Nas coinbase investment. According to Coindesk Nas firm made an investment during Coinbases Series B funding round in 2013 when the company raised 25 million and a source told the outlet that he still remains on the. Coinbase was recently valued at 1 billion-plus in recent talks with potential investors on a new funding round Fortune reported. Nas is a savvy investor and has had great success recently especially with the Coinbase IPO which could have potentially netted him over 40.
Nas invested between 100000 and 500000 dollars through his company QueensBridge Venture Partners during an investment round in 2013 reported Forbes. If Coinbase takes things further and shares trade at DA Davidson investment bank the price could go up to 440 bringing QueensBridge payout to 437 million to 2185 million. Nas investment firm became an early backer of the cryptocurrency exchange Coinbase back in 2013.
Through QueensBridge Nas made an investment in. In 2013 Nas investment firm QueensBridge Venture Partners entered Coinbases Series B round back when the cryptocurrency exchange platform was. Rapper Nas has reportedly earned north of 40 million from an eight-year-old investment that his QueensBridge Venture Partners made in cryptocurrency-exchange platform Coinbase.
Rap icon Nas may end up making up to 100 million when Coinbase goes public and hits the NASDAQ. Nass Queensbridge Venture Partners company made other investments in Robinhood Dropbox Ring Parachute SeatGeek General Assembly Casper Pillpack and Pluto TV. Nas has invested in San Francisco-based bitcoin exchange Coinbase the worlds largest bitcoin company.
Rapper Nas founded QueensBridge Venture Partners in 2013. He recently made 40M-100M f. In a report by Yahoo Finance on Monday April 12 Coinbase a cryptocurrency.
Hopefully the Kings Disease rapper will be on his way. Since then Bitcoin has overgone two pivotal bull runs and shares in Coinbase have exploded in value. As a famous rapper and wealthy investor Nas has a net worth of over 100 million in 2021.
Nas Could Be 100M Richer With 2013 Investment. It was previously at 350. Nas who could have profited by at least 40 million from his early Coinbase investments.
On Wednesday the cryptocurrency exchange Coinbase will make its initial public offering on the. Nas could earn 437 million or 2185 million if the Coinbase share prices go up to 440. The Series B investment level saw shares in Coinbase sitting at 100676 meaning Jones firm would have between 99239 and 496642 shares according to CoinDesk.
Nas has invested in a number of varied start-ups through his investment firm QueensBridge Venture Partners. Coinbase goes public on Wednesday with one of the most-anticipated IPOs of all time. Nas Dubs Himself the Cryptocurrency Scarface.
Updated Sep 14 2021 at 539 am. Nas was an early Coinbase investor back in 2013 and it is estimated that Nas raked in over 100 million from his investment with the company. If Coinbase shares trade at investment bank DA Davidsons new price target of 440 QueensBridge could see the value of its Coinbase stake rise to.
Queensbridge Venture Partners was part of Coinbases Series B round of fundraising when it helped raise 25 million in that round. When trading began on Thursday and Coinbase share exploded in popularity the stock reached a whopping USD415 meaning Nas shares in the cryptocurrency exchange are now estimated. Now a new report indicates that Nas is looking at another incredible investment this time in the world of cryptocurrency.
Rapper Nasir Jones known better as Nas has emerged as an unlikely winner in todays Coinbase IPO. Now a new assessment by investment bank DA Davidson projects an updated Coinbase share price of 440 which would boost Nas potential payday by a respective rise of 437 million or 2185 million. And with the listing rappertech investor Nas is in line to make over 100 million.
Coinbase now has a market cap of 60 billion and each share trades for 297. An insider said according to Coindesk that Nas is good friends with Ben Horowitz who is a co-founder of Andreessen Horowitz a key company that invested in Coinbase. The report also cites a sources confirmation that Nas QueensBridge Venture Partners is still very much on the table when it comes to Coinbase.
With Coinbase shares being around 1 at the time of his early 2013 investment if Nas purchased 500000 shares he could be seeing a return of around 165 million. Having previously made an investment in Coinbase a new report indicates that the company is looking at a potential valuation of 100 billion dollars when its COIN stock officially lists this coming Wednesday. Rapper Nasir Jones better known by his stage name Nas is among the fortunate few.
Now a new assessment by investment bank DA Davidson projects an updated Coinbase share price of 440 which would boost Nas potential payday by. Well dive into his top 5 investments key takeaways.
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