They are now seeking a full-time venture partner, according to the report, given that Jay has other businesses to tend to, including his role as a superstar MC.
National Football League free agency: Ex-Giants WR Victor Cruz visits Panthers, report says
Free agent veteran wide receiver Victor Cruz reportedly visited with the Carolina Panthers Monday, according to multiple reports. Cruz missed the final 10 games of the 2014 season and all of the 2015 season dealing with knee and calf surgeries.
Jay Brown and Jay Z, whose real name is Shawn Carter, will focus on seed-stage tech opportunities. Sherpa Capital also won't brand the effort. In 2012, Roc Nation invested an undisclosed amount in a company called Viddy, a company unofficially dubbed "Instagram for video".
"The pair have previously invested in Uber's Series B, at a $300m pre-money", says the report. Jay Brown and Jay Z are now looking for a third partner. Their fundraising total went up to $11 million.
Georges St-Pierre signs new deal with UFC, report says
Pierre hasn't fought since late 2013 but remains one of the biggest names in mixed martial arts. By the time this bout occurred, St-Pierre will have been out of action for almost four years.
Besides the streaming service, the legendary rapper and the Roc Nation prez have invested in the luggage company Away, as well as the nail company Julep and JetSmarter, which is an outfit that links travelers with private jet flights.
However, not all of Jay's investments have been lucrative. The company now has a $1.5 billion pre-money valuation.
Gambians celebrate Barrow's inauguration, independence day
After weeks of global pressure and threats of a military intervention, Jammeh finally announced he would step down. Barrow's inauguration today, coincides with the 52nd Independence Anniversary of the West African country.