News

For The Second Time Amazon Pays A Billion For a Nas-Backed Company

By HHL JT
pixel_start

Amazon has purchased door-to-door pharmacy service PillPack for a billion dollars.

Nas's Queensbridge Venture Partners was an early investor in the company, partially funding them back in 2014.

This is the second time this year Amazon has a paid a billion for a Nas-backed company. In February, the e-commerce giant also paid ten figures for smart-doorbell maker Ring. It was reported that Nas made $40 million on the Ring deal.

We don't yet know what Nas netted on the PillPack purchase. (The company's two founders got $100 million each.) But one can assume it's a pretty penny.

And somewhere Kelis is licking her chops.

pixel_end
Posted In: News Nas
News Reginae Carter Responds To Backlash For Showing Her Bare Butt Reginae Carter Responds To Backlash For Showing Her Bare Butt / News News Drake Has The Internet Buzzing After Sharing New Lyrics Drake Has The Internet Buzzing After Sharing New Lyrics / News News Report:  Puff Daddy Is Running MDC Brooklyn Report: Puff Daddy Is Running MDC Brooklyn / News News Shyne Explains how Much Diddy Gave Him For Ten Years & Spitting in His face Shyne Explains how Much Diddy Gave Him For Ten Years & Spitting in His face / News News Dr. Dre Shades The Game When Asked About Super Bowl Halftime Show Dr. Dre Shades The Game When Asked About Super Bowl Halftime Show / News News Roc Nation Signs Four New Rappers Roc Nation Signs Four New Rappers / News