Today’s Deals – Jay Z is planning a VC fund. Here’s how his investments are doing

NEW YORK, NY - DECEMBER 12:  Jay Z speaks onstage the Sports Illustrated Sportsperson of the Year Ceremony 2016 at Barclays Center of Brooklyn on December 12, 2016 in New York City.  (Photo by Slaven Vlasic/Getty Images for Sports Illustrated) Jay Z invested in Uber in 2011 and today it’s worth 200X more. Now he’s getting serious about investing in startups with plans to create his own venture capital firm, according to respected tech journalist Dan Primack’s publication Axios.
Jay Z is building the fund with long-time partner and Roc Nation co-founder Jay Brown. They plan to focus on seed investments in young… Read More

from TechCrunch

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