Amazon Buys Nas - Backed Startup for $1 Billion
They say the game is to be sold , not told. Perhaps no one personifies this notion more than Nasir bin Olu Dara Jones AKA NAS. NAS has been quietly winning in business for a minute now. In March, the Mega on line retailer Amazon coughed up a cool 1 billion dollars to purchase Ring, a smart doorbell company backed by Queensbridge Venture Partners, an investment firm founded by the RAP Icon. That deal netted NAS a whopping $40M.
It looks like it got good to Amazon because they came back less than four months later with another major purchase of a NAS backed start up. It was recently announced that Amazon has purchased PillPack, a door-to-door service, enabling customers to have their online orders shipped directly to their homes. Nas' Queensbridge Venture Partners became an investor in PillPack as early as 2014.
NAS has invested in over 40 companies as the founder of Queensbridge Venture Partners with some of the most notables being DROPBOX , LYFT, GENERAL, ASSEMBLY, TILT AND ROBINHOOD. With a combined valuation of over 7 billion from just a few of Queensbridge interests, it's clear that NAS was on a mission and told us as much in his 1996 hit, If I Ruled the World. " I take a glimpse into time Watch the blimp read, "The World Is Mine"