tude.cmd.push(function() { Join half a million readers enjoying Newsweek's free newsletters. Coinbase Launches Base: Building a New Bridge to DeFi Ring is a home security company that manufactures security cameras and doorbells. Coinbase IPO: Everything you need to know about the - MarketWatch How I got sucked into the cryptocurrency craze and made $13 million Hip Hop Star Nas Calls Himself 'Cryptocurrency Scarface,' Mentions Coinbase Review 2023 - Investopedia cat: 'money', The company, founded in 2012, provides a variety of financial. Delivering Trusted Web3 Business Strategies Straight to Your Inbox Jay-Z set up a Bitcoin development fund worth 500 Bitcoin ( BTC ) in cooperation with Twitter CEO Jack Dorsey in February. Speaking on how he first built his relationship with Hov. who took home $35 million. His latest deal is more personal than most. With Durant and the Grammy Award-winning rapper making early investments in Coinbase, their reported return on investment is estimated to be in the multimillions. Some customers may have fallen victim to a phishing . The price of Bitcoin fell about 3% Thursday, trading around $40,000, according to CoinDesk. An insider said, according toCoindesk,that Nas is good friends with Ben Horowitz,who is a co-founder of Andreessen Horowitz, a key company that invested in Coinbase. If that happens, and these numbers are accurate, Nas' stake will be worth between: If Coinbase outperforms expectations and ends up with a price per share of $440, as some price targets predict on the high end, Nas' stake will be worth between: Nas on the Nasdaq. With Coinbase shares being around $1 at the time of his early 2013 investment, if Nas purchased 500,000 shares, he could be seeing a return of around $165 million. url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', Nas' Investment In Coinbase Could Make Him $100 Million If Coinbase shares trade at investment bank DA Davidson's new price target of $440, QueensBridge could see the value of its Coinbase stake rise to $43.7 million and $218.5 million, respectively. Coinbase Global Inc. (NASDAQ: COIN) made history last month with the biggest-ever direct listing; its debut market cap was $63.5 billion, and after some big swings, it closed its first day at . Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in todays Coinbase IPO. 2013 In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Women of Power Summit 1. Did Nas invest in Robinhood? Valid for new Coinbase users who make a cryptocurrency purchase on Coinbase. Click on the large blue power icon at the top. Even though he invested in the following company with his venturing company QueensBridge, it is a massive investment. What app did Nas invest? tag: 'mandc,kevin-durant,nas', QueensBridge, which has invested in companies like Robinhood, Lyft, and Dropbox, could get from $34.76 million to $173.8 million based on a formula of $350 per share (QueensBridge owns anywhere from 99,329 shares to 496,642).
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