Nas Has a Stake in Coinbase Worth $175M

[Goat poster]

As a stan I wouldn't call him a businessman either since he doesn't run any company or employ anyone, but if I were in his position I'd do it the same exact way. You don't HAVE to be a businessman to win.

You don't have to employ people to be a business man

Nas Def Employs people though

He runs Queens bridge Venture partners with his fellow founders.
Also Co-founded and Co-runs Mass Appeal records
Also Co-runs Sweetchick Resturant with 5 locations between NYC and LA


Nas doesn't brag or brand himself as a mogul tho which is why most people sleep on his business acumen.

 

[mson]

500k/25M post money valuation = 2%. Coinbase has had a number of rounds since that series B. To keep that 2%, he would have had to ask for the ability to put more money in every time a new round came up to keep him at the same percent. The last raise they had was $300M. I highly doubt QBV was able to keep up with some of these crazy big rounds to keep that 2%, so it's probably pretty diluted by now. Plus who knows if it was $500K.

It's all speculation since we have no idea how much he put in in the later rounds. He's probably diluted by more than 50% like the original tweet says, but who knows. He gets paid in Coinbase stock when the company goes public. At that point, he can cash out, diversify, etc.

All this to say, focus on your money. You make money, you can take more chances like this. Get your bread up.

I think he has to wait six months before he can cash out.

Correction: There's no lock up periods for direct listings.

 

[perfectblack999]

 

[RennisDeynolds]

Watch the vultures come out from queensbrige



They coming

has this ever really been a problem for Nas? I don't think there has ever been a Rapper that gets shown as much love and respect as he does


He far removed from anything that may create a problem

 

[ajnapoleon]

has this ever really been a problem for Nas? I don't think there has ever been a Rapper that gets shown as much love and respect as he does


He far removed from anything that may create a problem

Yes it have the queensbrige cats seem to think he owes them


They burned his range rover at one point

 

[RennisDeynolds]

Yes it have the queensbrige cats seem to think he owes them


They burned his range rover at one point

How many years ago was that ?


The little homie Jungle is supposed to handle the wolves

 

[mson]

Watch the vultures come out from queensbrige



They coming

Let them come. He lives across the country.

 

[SleezyBigSlim]

Meanwhile Jay Z outchea pretending to own shyt, when you dig deep it doesn't appear he even owned Tidal, breh let himself become a figurehead and he eats off the image

 

[mson]

Just wait until Bitfury itself goes public.

 

[Arithmetic]

Nas and Anthony about to eat Realllllllll good.

 

[2stainz]

“nas ain’t a business man”

-unemployed dude getting allowance from his parents

I remeber those FnM dudes from sohh.... this news might hit them a little different

 

[L. Deezy]

As a stan I wouldn't call him a businessman either since he doesn't run any company or employ anyone, but if I were in his position I'd do it the same exact way. You don't HAVE to be a businessman to win.

Man will you stfu... making deals is business you remedial ass nygga

 

[L. Deezy]

Its a section of Coli members that I swear didn't go to school or just dont have common sense.

 

[Surreal]

Nas and Anthony about to eat Realllllllll good.

 

[Morethan1]

Nas and Anthony about to eat Realllllllll good.

Anthony?