Did Nas’ Tech Investment Make him Millions?

Rapper, Nas’ early investment in a technology company has potentially earned the rapper a hefty return on investment.

Nas’ Queensbridge Venture Partners was an early investor in Ring, which manufactures WiFi cameras and doorbells. A recent Ring announcement confirmed that it had been acquired for $1 billion by Amazon, creating a windfall for Nas” VC firm, which was among the earliest investors in the company.

In addition to Queensbridge Venture Partners, other investors included Richard Branson and Upfront Ventures. According to reports, the sale of Ring is the biggest exit for a LA-based company, since the sale of Dollar Shave Club for $1 billion in 2016.