JAY-Z’s Marcy Ventures Partners is on the move yet again.
The venture capital firm co-founded by Hov, Jay Brown and Larry Marcus has been active in 2021; having invested heavily into NBA star Chris Paul’s vegan cheese brand and as well as new NFT development.
According to a report from GeekWire on Friday (September 17), Wyze, a company that specializes in smart-home devices such as digital thermostats, security cameras and vacuum robots, has benefited from a $110 million investment from Marcy Ventures Partners.
“We are doubling down and investing heavily to build world-class artificial intelligence into our camera products,” Wyze co-founder and Chief Marketing Officer Dave Crosby relayed to GeekWire. “Just in the last year, our AI team has built person detection, vehicle detection, package detection and pet detection into our cameras. “Right now we have AI features in the works that we truly think will be game-changing for any camera, let alone one that costs less than $36.”
Nas Could Be $100M Richer With 2013 Investment
While JAY-Z & Co. are said to also be influencing the trillion-dollar fitness industry this year, Hip Hop fans have grown equally interested in the recent chatter involving Nas and a potential Verzuz matchup.
The idea was first spawned by day-one Roc-A-Fella rapper Memphis Bleek who, ironically, was a catalyst for the JAY-Z Vs. Nas beef when he sent subliminal shots on his 2000 song “My Mind Right.”
“Nas doesn’t have enough songs to compete,” the 534 rapper said on September 8, just a day from making his initial headling-inducing comments. “And it’s no disrespect to him but, he just don’t. Jay can battle somebody with just his B-Sides concert catalog, and it’ll still be better than people’s A-Sides.”
Time will tell if the automatically legendary event will become sanctioned.
This site has an affinity for this guy who invests in random shit but not in the actual community that got him his funds. Y’all go so far as to even talk about fake investments he making like the Denver Broncos smh
Dummy, Jay has invested millions into black people and black communities. Peep the multimillion dollar scholarship he launched last week as an example..
I love jay!! But truth be told we as blacks never get everything that’s is donated to us. because the company that’s responsible to do what the funds are meant for some get embezzle! For example we just had a NBA player Donate 30,000 for computers in a low income communitie in North Carolina for the kids! An they only received 5 computers! So with that being said still to this day we are rob in front of our own eyes!! Wake up as Black people! Think stop supporting these MF support black businesses only!!
He has invested in the community, did you expect him to give away his hard earned money to black people because they are black? Your entitlement is whats slowing black progress
We’re talking investments, not giveaways, you brought that into the convo. He made money on tricking people on the allure of the whole “culture”. So he’s made money on the backs of his vulnerable and impressionable fans. He could at least invest in something significant to those people. Or are you suggesting vegan cheese is investing in his own community? Or are you speaking on his investments into black WEED companies or alcohol? Fuck outta here. Demand more from the people who got it from your sheep ass
I pay taxes which should go towards improving the community but I don’t have any expectations of a man who worked hard for his. We all have choices so if we choose to support his music we can’t turn around and say you owe me. If you made something I wanted to purchase I wouldn’t expect you to do something for the community. Jay-Z inspired people to work on their craft and be in the business. We buy stuff from Amazon too but we don’t demand anything from him. This is why the wealthy don’t even discuss how much they make because somebody will have their hands out.
That’s cool but your expectations low. Amazon does more for black people than black people, if you get my hyperbole. Who asking for dude to spend 100% his income? 50%, 20%? Nobody. Dude press release that he gon spend 2M and ppl like you think he actually spending 2M. While there are headlines that he’s a multibillionaire from the culture.
You want us to keep relying on the government and or our own, from US? Make a choice broham
people really subscribe to their porch? projects to penthouses and what happens outside my door never concerned me, nanny cams dont need a i or internet, just be hidden record movement when not home if that serious why give the entire world access? oh well billionaire stuff walle met idiocracy quite a while ago
You need to stop it with the jabs
Nas catalog better than a lot of these bums that been on Vs let’s not act like Vs is not for entertainment purposes on….
So let’s keep entertainment, just to see them on the same stage is entertainment.
Jay cannot compete with any rapper alive it’s demeaning to put him on any verzuz…..
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