Despite some messy child custody drama that will see Nas and Kelis back in court this April, it appears that Nas is starting 2019 off on a high financial note.
On Tuesday (January 22), Viacom purchased Pluto TV streaming service — a company that Nas invested in back in 2014 via his Queensbridge Venture Partners firm — for $340 million, The Wall Street Journal reports.
The platform, with its numerous partnerships, offers users more than 100 streamable live TV channels and on-demand programming for free, with the capability to take the streams on the road via iOS or Android for a monthly fee.
When it comes to investing, Nas keeps on winning. Since launching in 2014, his firm has made sizable investments (and seen hefty ROI) with brands like Lyft, Dropbox, Coinbase, and even LANDR — an online platform for mastering music for incredibly reasonable rates.
Most notably, home security start-up Ring and online pharmacy PillPack — both of which QVP invested millions into in 2014 — were purchased by Amazon for a $1 billion each.
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Yeah, of course nobody is commenting on this…
Blacks are winning. Black power!
Long as it helps the community
For sure. 65% of the prison population. The biggest excuse makers alive. My great great grandparents were slaves, so I can punch cops in the face. Top 1 in homicides per capita in the US. Top 1 in single moms in the US. Top 1 in not having a high school diploma or ged in the us. Yup, WINNING!! Top 1 on welfare per capita due to population.
And who’s on a Hip-Hop (you know a black culture) site talking shit about the very people who created it?
And who’s on a Hip-Hop (you know a black culture) site talking shit about the very people who created it? This wasn’t meant for Alex but the culture vulture dunce: ‘Yeah, congrats!’.
Alex, Nas ain’t sharing any of his money with any other blacks. Keep rooting for the 1% while you stay broke.
He’s probably close to a billion now
Pfff… Whatever, just wait until King HOV sells Tidal then you guys will see money. King HOV gets more money touring with Beyonce than whatever that broke ass Nas did with Pluto. Even if dude makes money all that will go to Kelis. Stay broke Nas and his stans.
Harem bitch.already close to a billion keep it coming.nas loves to be the one they toast up on.nas wants that smoke wit jay.clown nadir the god keeps winning.the best eva
Just remember who said first…
Ask Russell Simmons
lol still keep seen u everytime theres something about Nas !! doesnt matter who has more money at the end of the day Nas has money and btw ur the one thats broke lol idiot !
SHOUT OUT TO MY DOG DOING BIG BUSINESS. QUEENS GET THE MONEY. Show me one of those Lil boo boo rappers with a mind for money like this man. That’s what I thought
cash out before the sillyCON valley Ponzi leads to another crash good for him, lyft uber pay illegal predatory 1970s wages & lose over $9000 a minute, drivers pay or work for free on every ride under 10 miles & thats 90% ofthem, its the biggest human trafficking organized crime racket on the planet 96% of drivers fail wonder if nas knows those particulars but they spend so much marketing the fruad the top of the pinzi gets paid so hell probably bank on that too
Any company losing $9000 a minute without any cashflow is a going concern and cannot continue operations indefinitely. Where is your proof liar? Secondly, I don’t believe 96% of the drivers fail because the companies would not be able to offer their services period. Where are you getting these numbers partner??
Actually he’s not that far off. The number is closer to about 7500 per minute. And he never said that the company didn’t have cash flow. It’s obvious that they have cash flow. But in addition to their operating revenues they have a lot of cash on hand from investors. That’s how the company is surviving. And that’s why they are rushing their IPO.
combined its over 10K PER MINUTE but ipo “worth” 120 billion yeah right thats the ticket cant profit ONE PENNY worth billions PONZI you bet they rushing for an ipo to scam all the public into paying the scammers at the top of the PONZI they take 50-90% of fare without providing car, fuel, time, labor, risk & still CANT profit using free labor on 90+% of trips
they do 15+ million rides per day, 10+ million are using free labor they make more on minimum fares than the driver so 15 million times minimum 4 dollars si minimum 60 million dollars cash flow per day, ex ceo just bought a 37 million dollar condo & for some reason they need half a million in office space in the most expensive zip code at the warriors new arena they spent 1 billion on which is EMBEZZLEMENT since they stealing it from labor so those at the top skimming like an old vegas casino & those at the top of the PONZI are going to do great the 23% who are senior citizens & 40+% immigrants get to have an app steal $1-6 from them up to 20 times a day throw in elder abuse
google uber churn dont have to believe me
Won’t be free now
“…incredibly reasonable rates…” — Huh? Who wrote this, Uncle Nas or Uncle Verizon?
There is no monthly fee to watch Pluto tv on an iPhone
The article read “capability” meaning it’s a possible service on the platform or they currently have the technology or expertise to make it happen. It did not say “there’s a monthly fee to watch Pluto TV on an iPhone.”
Comprehension is not so simple is it?
Boss.
So that means it’s going to go to shit like everything else Viacom buys. Get ready for Pluto in Love, the reality show.
@Fuck Quuensbridge How much is Jay paying u to be the most pathetic Stan I’ve ever seen?
God’s Son breaking the bank!
Pluto is a planet, idc what Neil Degrasse Tyson says. Anyone who disagrees can see these fists.
Why the hell you makin money moves like that you know kellis is askin for a raise now
I stubmbled upon this article as I was listening to Jay-Z and Nas – ‘Success‘. What a coincidence, happy days for Nasty Nas!
Damn Nas is inspiring. queens get the money