how much did nas make from coinbase

The EPMD artist and his venture-capital firm, which has also exited investments in Dropbox and Lyft, participated in Coinbases $25 million Series B funding round in 2013, when the now-massive company was valued at a comparatively small $143 million or so. Around $100,000 of that figure is from ad revenue on YouTube and Facebook. Is Shiba Inu Coin (SHIB) a good investment? Depending on how close the share price gets to the $440 USD target, as it just closed out at $350 USD on private secondary markets, Nas QueensBridge Venture Partners could brand anywhere from $34.76 million $218.5 million USD. NYC rapper Nasir Jones, known to the world as Nas, creator of the seminal Illmatic album, has divided crypto heads and hip hop fans alike with his new Jay-Z/ DJ Khaled collaboration, Sorry Not Sorry. The current circulating supply is 63,766,329.591 NAS. The rapper's investment company has been on a hell of a run recently. How Much Did Nas Get From The Ring? #crypto #coinbase #bitcoin #money, (Video) A Surprise Winner From Coinbase's IPO Rapper Nas, (Video) Nas Basks In His Coinbase Success Saying Long Crypto Forever, (Video) How Nas Built A Tech Empire In Venture Capital, (Video) How Nas Is Set To Become The Richest Hip-Hop Artist After Making Over $200 Million From Investments, Top 10 Richest Rappers in the World (2022). Deleting your Coinbase account is very simple (kind of). How much do SA rappers earn per month? A source familiar with the matter confirmed QueensBridge is still on the Coinbase cap table. Nas invested in Coinbase through his portfolio company Queensbridge Venture Partners. : Greys Anatomy Alum Isaiah Washington Announces Hes Retiring From Acting: The Useful Idiots Have Won: RHOP Alum Katie Rost Slams Ashley Darbys Estranged Husband For Suing Candiace Dillard Bassett For $2 Million Over Oral Sex Allegations: It Better Be A Joke: Tory Lanez Demands Love & Hip Hop Star Prince Sit For Deposition In Assault Battle: Shanquella Robinsons Family Feels Abandoned By US Officials As Investigation Into Her Mysterious Death Reaches 4 Months: We Beg For Answers: Kanye West Says He Never Made Any Money From Donda Stem Player, Despite Claiming $2.2M Revenue, Amid Lawsuit For Unauthorized Song Sample Featured On Music Device: EXCLUSIVE: Headkracks Exit From The Morning Hustle Radio Show Was A Mutual Decision, Media Personality Working On New Projects, [EXCLUSIVE First Look] WE tvs GROWN & GOSPEL Docuseries, Birdman Says Hes Paying Mays Rent For New Orleans Residents Who Are In Need, Beyonces Hair Stylist Says Her Hair Is Realness After Being Questioned If Shes WearingA Wig Or Sew-In Weave, Cassie Chills with Joseline Hernandez, Jada Pinkett Smith Surfs + More Celeb Stalking, Stop & Stare: Jada Pinkett Smith & Smith Family Show Skin on Hawaii Vacay. In other cryptocurrency news, Bitcoin spikes to all-time high of $63,000 USD ahead of Coinbase listing. Forks and airdrops may not make you rich overnight, but they're a great way to accumulate excess cryptocurrency, which can help you build long-term wealth. The price of Bitcoin fell about 3% Thursday, trading around $40,000, according to CoinDesk. Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy." How much did Nas make off of Bitcoin? page_type: 'article', Some of QueensBridge's biggest hit investments include. tude.cmd.push(function() { }); window.tude = window.tude || { cmd: [] }; } Support us by whitelisting our site. Kevin Durant speaks onstage during TechCrunch Disrupt in September 2017, San Francisco, California. Maker orders: "Makers" create orders for other traders to take. subcat: '', Jones investing up to $500k into small technology-based startup companies. who took home $35 million. Nasir's firm Queensbridge Venture Partners invested as much as $500,000 for nearly 100,000 shares of Coinbase, the San Francisco startup founded in 2013. You may have to select a menu option or click a button. INFORMATION SOPA images. As per reports, the stock closed at $328 during the first day of trading, which came around to a whopping $86 billion valuation. What happens when no more shares to short? aid: '713496', display: none !important; 6. Long crypto forever. in sickness & in health. Nas promptly took to Twitter during the exchanges direct listing on April 14 2020 to tweet: Long crypto forever. in sickness & in health. ]); 10. On Wednesday, it's estimated to reach a valuation of over $100 billion when it's listed on the Nasdaq. Consequently, Nas and his fellow investors acquired somewhere between approximately 100,000 shares and 500,000 shares in Coinbase, which approached $410 per share out of the gate after debuting on NASDAQ in a direct listing yesterday. On average, the trading cost will be around $0.00004379. 12. Nas Will Make $100+ Million On Wednesday's Coinbase IPO Nas' Tech Investments Are Paying Off In A Big Way Nas' Investment In Streaming Service Pluto TV Pays Off, Viacom Buys It For $340. With the launch of two crypto futures . The trading platform's public listing was highly anticipated amid the increasing popularity of cryptocurrency. divId: 'div-gpt-ad-rightrail-2', How long does it take to discover a data breach? At one point, prices reached a high of nearly $430 and the company's valuation temporarily rose above $100 billion, surpassing some analysts' projections, before falling back below that level. Black Men XCEL How do you make millions with cryptocurrency? 4. AMZN Arrive Venture Capital, Jay Z's newest firm, is a subsidiary of his Roc Nation banner, which is in turn owned by Live Nation Entertainment, which, again, is owned by Liberty Media. Nasir Jones' QueensBridge Venture Partners invested in 2013. 5. Ribbit Capital, the firm behind the investing platform Robinhood, joined Coinbase's Series A funding round back in 2013. I cover the intersection of Hollywood and money. At the lower end of this range, Durant's 2017 investment would now be worth $15.3 million. If that happens, and these numbers are accurate, Nas' stake will be worth between: If Coinbase outperforms expectations and ends up with a price per share of $440, as some price targets predict on the high end, Nas' stake will be worth between: Nas on the Nasdaq. Heres the Latest Data (Updated for 2023), How Much Artists Make Per Stream on Spotify, Apple Music, Amazon, YouTube, Pandora, More (Updated for 2022), Spotify Is Officially Testing Exclusive Token-Enabled Playlists From Kingship and Others: This Is a Special Moment, ICE Strikes Deal with Gaming & Metaverse Start-Up STYNGR, Napster Acquires Defunct Mint Songs After Late 2022 Wind Down, FTX Arena Officially Rebrands as Miami-Dade Arena Following FTX Collapse. 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. Nas and Snoop Dogg invested in Robinhood 7 years ago. His . Invest Your Money If you want to get rich from nothing, investing is a must. Even though he invested in the following company with his venturing company QueensBridge, it is a massive investment. At that price per share, the company's valuation will be $100 billion. A chance to own a piece of boxing history. Shout out to @FEhrsam @brian_armstrong @bhorowitz @cdixon #CoinbaseIPO, stated Nas, who also wrote an encouraging message to UnitedMasters CEO Steve Stoute following his companys recent $50 million raise. } Delivering Trusted Web3 Business Strategies Straight to Your Inbox BE 100s For example, company co-founder/CEO Brian Armstrong is expected to end up with a net worth between $10-14 billion tomorrow. There wasnt a time when [rappers] didnt think about investing, says Nas. Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com. Rapper Nas Scored $40 Million From Coinbase's IPO. READ: Google founders earn $42 billion in 100 days Brian Armstrong Coinbase went public in a direct offering on Nasdaq on April 14, 2021, briefly reaching a market capitalization of $100 billion. Coinbase is a cryptocurrency trading and investing platform that offers users the ability to buy, sell, and exchange over 200 tradable cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin.. hangpeng Zhao, the founder and CEO of Binance, is the wealthiest person in crypto, worth an estimated $65 billion, according to Forbes' 2022 Billionaires rankings, published on Tuesday April 5. The return on investment could help Durant move closer to his goal of owning an NFL team at some point in the future. Revealing what Zeus and Thors dynamic could have been. Since then, Bitcoin has overgone two pivotal bull runs and shares in Coinbase have exploded in value. Coinbase is valued. In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Complex Media, Inc. All Rights Reserved. Passing Tyler Ninja Blevins with over 270,000 subscribers. If Coinbase takes things further and shares trade at DA Davidson investment bank, the price could go up to $440, bringing QueensBridge payout to $43.7 million to $218.5 million. Following the initial public offering, Nas's shares are worth nearly $33 million. Privacy Policy Born Hakeem Seriki in Washington D.C., the rapper actually began his entrepreneurial journey in 2004 when he founded his own record label called Chamillitary Entertainment. QueensBridge typically makes $100,000 to $500,000 investments in emerging companies, and at the time, Coinbase shares were priced at about $1 apiece, according to CoinDesk. heads and hip hop fans alike with his new Jay-Z/ DJ Khaled collaboration, Sorry Not Sorry. Its rise from a niche internet fad to multi-trillion dollar industry has attracted the attention of public figures beyond the world of tech. But his business partner Anthony Saleh previously told CNBC that the group tends to invest between $100,000 to $500,000 in a startup. Go check that out, and when you are finished, come back here. He raised around $10 million from investors and injected several million of his own dollars. 2023 Celebrity Net Worth / All Rights Reserved. Based on the price of Coinbase shares at the timearound $1 according to CoinDeskit means Nas could have bought as many as 500,000 shares. The transformation of value in the digital age. Ethereum is a platform powered by blockchain technology that is best known for its native cryptocurrency, called Ether, or ETH, or simply Ethereum. QueensBridge has mastered investing in companies in the startup stages. This means Durant's stake will have increased 6,150 percent, Marketwatch reports, though it is unclear how much the sports star put in. How many shiba inu millionaires are there? Nas and Snoop Dogg invested in Robinhood 7 years ago. First Mover The latest moves in crypto markets, in context. TechCrunch, CC BY-SA. cat: 'money', The cryptocurrency exchange was valued at $99.6 billion today when trading began and reached a valuation of over $100 billion in minutes. Create your account. How much did Chamillionaire sell his app for? In just the past hour, the price grew by 0.31%. What did Nas invest in? Nas didn't invest in Coinbase directly, as his investment was made via his portfolio company Queensbridge Venture Partners. On Wednesday, Coinbase stock was indicated to open around $350, or 40% above its reference price. Today, Robinhood's worth $32 billion. Now that Coinbase has been listed on Nasdaq and is currently trading for $297 per share, early Coinbase investors like Nas and NBA star Kevin Durant have made a lot of money. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com. } Long crypto forever. Jay-Z and Twitter CEO Jack Dorsey, prior to revealing that Dorseys Square would purchase the rappers Tidal streaming service, pledged $23 million to a Bitcoin development fund. Several companies Nas has invested in have been big winners. As you probably know if you've been even a casual CelebrityNetWorth. Since then, Bitcoin has overgone two pivotal bull runs and shares in Coinbase have exploded in value. Coinbase now has a market cap of $60 billion and each share trades for $297. Nas has made a slew of investments under his venture capital firm, Queensbridge Venture Partnerssupporting companies like SeatGeek, PlutoTV, Dropbox, and RobinHood.