Nas still has a love for music, but the QueensBridge rapper has found a new way to generate money. Esco is now becoming a new Escobar by expanding his empire with investments in more than 40 start-ups companies. Hit the jump for more.
Nas talk to CNBC about his investment philosophy.
People. That is the absolute No. 1. I love to bet on great people that inspire me and make me think or see things differently.
Nas later adds that the management team of companies “makes a huge difference in the kinds of companies that will stick out to me.”
Nas has invested in companies like Lyft, Dropbox, Coinbase and Tradesy, which are some of most highly profitable Silicon Valley companies. He also explained that his thrist for knowledge led him to technology investing.
I’ve always wanted to be surrounded by the smartest people in the world, and didn’t want to limit that to just music.
I want to meet the people who are innovating in all different fields, and investing lets me do that,” Jones said. “I meet the people that are changing the game across all different industries, and I get to be there first at the ground level. It’s helped me to progress tremendously in my business.
Nas transition from the studio to the boardroom has been spectacular, and I only hope the best for the man that produced some of the best rap music ever heard on the planet.
