{"id":225710,"date":"2021-04-13T16:57:50","date_gmt":"2021-04-13T13:57:50","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nas-could-be-100m-richer-with-2013-investment\/"},"modified":"2021-04-13T16:57:50","modified_gmt":"2021-04-13T13:57:50","slug":"nas-could-be-100m-richer-with-2013-investment","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nas-could-be-100m-richer-with-2013-investment\/","title":{"rendered":"#Nas Could Be $100M Richer With 2013 Investment"},"content":{"rendered":"<p>&#8220;<strong>#Nas Could Be $100M Richer With 2013 Investment<\/strong>&#8221;<\/p>\n<div class=\"image large\">\n<img decoding=\"async\" src=\"https:\/\/static.hiphopdx.com\/2020\/12\/201203-Nas-900x506.jpg\" alt=\"Nas Could Be $100M Richer With 2013 Investment\" class=\"large\"><\/p>\n<div class=\"news-caption\">\n<span>Tim Mosenfelder\/Getty Images<\/span>\n<\/div>\n<\/div>\n<p><\/p>\n<div class=\"body-copy  js-entry-text\" itemprop=\"articleBody\">\nOne of Nas\u2019 early investments may be paying off in a big way. In a report by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/rap-icon-nas-could-net-172556450.html\"><em>Yahoo Finance<\/em><\/a> on Monday (April 12), Coinbase, a cryptocurrency exchange, is expected to reach over $100 billion in valuation once it hits the Nasdaq this week.<\/p>\n<p>Nas\u2019 involvement comes from his investment firm, Queensbridge Venture Partners, which got into <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coindesk.com\/coinbase-bitcoin-biggest-ever-funding-deal\">Coinbase\u2019s Series B<\/a> round in 2013 when it raised $25 million. The cryptocurrency exchange was valued at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/pitchbook.com\/newsletter\/coinbase-gets-490m-valuation-now-most-valuable-bitcoin-co\">$143 million at that time<\/a>.<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/BvhBsd-lA9s\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"13\">\n<div style=\"padding: 16px;\">\n\u00a0<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>\u00a0<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a rel=\"nofollow noopener\" target=\"_blank\" style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/BvhBsd-lA9s\/?utm_source=ig_embed&amp;utm_campaign=loading\">A post shared by Meanwhile Back in Queens \u2122 (@meanwhilebackinqueens)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"https:\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>According to Queensbridge Venture Partners co-founder <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2016\/02\/06\/nas-is-likehalf-man-half-venture-capitalist.html\">Anthony Saleh<\/a>, the investment firm makes early-stage investments of between $100,000 and $500,000. According to an analysis by <em>CoinDesk<\/em>, at the time the firm got its stake in Coinbase, the share price was $1.00676, and Queensbridge owns around 99,329 or 496,642 on the low and high end, respectively.<\/p>\n<p>At the price that Coinbase last traded on private secondary markets, which were $350 per share, Nas and his firm would clock in somewhere between $34.76 million and $173.8 million.<\/p>\n<p>If Coinbase decides to trade with investment bank <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coindesk.com\/coinbase-price-target-raised-to-440-from-195-at-da-davidson-after-q1-earningshttps:\/\/www.coindesk.com\/coinbase-price-target-raised-to-440-from-195-at-da-davidson-after-q1-earnings\">DA Davidson\u2019s<\/a> new price of $440, Nas can see his investment rise from $43.7 million to an insane $218.5 million.<\/p>\n<p>Nas may want to take this huge payout and look into non-fungible tokens (NFT\u2019s), the new cryptocurrency craze that\u2019s sweeping the music industry. NFT\u2019s are like collectible sports cards \u2014 and essentially serve as a digital certificate of authenticity for \u201can object, real or virtual,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.latimes.com\/business\/technology\/story\/2021-03-11\/nft-explainer-crypto-trading-collectible\">a tech expert said in the <em>L.A. Times<\/em><\/a>. An artist can use an NFT to create a virtual concert experience or use it as a collectible token that gives its owners access to exclusive content.<\/p>\n<\/div>\n<p><\/p>\n<div class=\"author\" itemprop=\"author\" itemscope itemtype=\"http:\/\/schema.org\/Person\">\n<meta itemprop=\"name\" content=\"Mark Elibert\"><br \/>\nby Mark Elibert\n<\/div>\n<p><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/hiphopdx.com\/news\/id.61554\/title.nas-could-be-100m-richer-with-2013-investment\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Nas Could Be $100M Richer With 2013 Investment&#8221; Tim Mosenfelder\/Getty Images One of Nas\u2019 early investments may be paying off in a big way. In a report by Yahoo Finance on Monday (April 12), Coinbase, a cryptocurrency exchange, is expected to reach over $100 billion in valuation once it hits the Nasdaq this week. Nas\u2019&#8230;<\/p>\n","protected":false},"author":1,"featured_media":225711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.hiphopdx.com\/2020\/12\/201203-Nas-900x506.jpg","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-225710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/225710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=225710"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/225710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/225711"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=225710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=225710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=225710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}