Nas Has a Stake in Coinbase Worth $175M

[UpAndComing]

Point I was trying to make was he is not running the day to day. Jay is involved day to day in his businesses and he probably enjoys it.

100% agree. I think its Hollywood to blame to think that the only way to become a millionaire is to be a "Entrepreneur with big dreams" that needs to show his/her face everywhere and be on billboards

While the Investment Bankers, Hedge Fund Managers, and Private Equity managers are making 10x more than them and not showing their face at all

 

[NatiboyB]

Damn Nas has made some great investments

 

[JoseLuisGotcha]

Nas should invest in the coli

 

[Morethan1]

Dinner with nas

You just gave me a thread idea

 

[JuvenileHell]

Nas should invest in the coli

He'll take one look at MAGA TLR and be like "Nope"

 

[Scott Larock]

How you supposed to do it, dudes talking about basketball instead of seeing how dudes move off the court.

 

[Ezekiel 25:17]

When does it go public? Any brehs know of the potential?

 

[mobbinfms]

It's all in the valuation

Scenario: $10k at a $50M valuation for a company now worth $100B

Do the math

I’m not sure how all this works, but if they own 1/10 of one percent of a 100B company, that’s 100M. I assume that QBVP owns it as opposed to Nas directly.

but again, I don’t know how any of this works.

 

[perfectblack999]

Coinbase’s series B raise was $25M, so $500k isn’t an extraordinary amount on the cap table.

Either way, Nas crazy enough has one of the best VC track records out there. Did not see this coming at all.

 

[FaTaL]

Why would you assume Nas invested $500,000?

He very well could have, but that number seems to be pulled out of nowhere.

Cause 500 g is nothing to him

 

[FaTaL]

when is coinbase going public?

 

[mson]

Anthony said they invest 100k-500k in these early rounds. Anthony also invested in the same round under Emagen ventures which Nas is also under.

when is coinbase going public?

Direct listing sometime this month.

 

[FaTaL]

Anthony said they invest 100k-500k in these early rounds. Anthony also invested in the same round under Emagen ventures which Nas is also under.



Direct listing sometime this month.

how much do you think the initial price will be?

$20?

 

[mson]

how much do you think the initial price will be?

$20?

If it's valued at 100 billion on the secondary markets right now. More. I had cash waiting to the side too. But the price might be too high for me.

 

[x-factor7]

Mo' Money
Mo' Murder
Mo' Homicide