Mogul and entrepenuer Jay Z is launching a venture Capital Fund and one of his partners will be Jay Brown a longtime business partner and president of Roc Nation.
According to Axios.com
Expect the focus to be on seed-stage tech opportunities, with this really being the institutionalization of Jay Z and Jay Brown’s previous angel investing activities. For example, they both were in Uber’s Series B, at a $300m pre-money. Other investments have included JetSmarter, plus his involvement and stake in music streaming service Tidal.