Jay Z is making more boss moves. Get the details on his newest VC fund, plus the Town Hall meeting he’s hosting for his documentary about Kalief Browder inside…
If you thought Jay Z was showing any signs of slowing down when it comes to investments, guess again. He’s serious about this investment game. So much so, he’s launching another VC fund.
Last week, we told you the Hip Hop mogul was reportedly joining forces with his longtime business partner/Roc Nation President Jay Brown to launch their own VC fund. Now, there are reports that Jay is launching yet another VC fund called Arrive.
According to Dan Primack, who first reported the existence of Hov’s VC fund, says Arrive is a separate endeavor from the first VC fund that was previously reported:
The VC effort that @RocNation/Jay Z announced today IS NOT the same thing I reported on last month. cc @TechCrunch
— Dan Primack (@danprimack) March 6, 2017
In the press release (via AllHipHop), it says the investment platform will work with early-stage startups, and offer investment of capital as well as assistance with business development, branding and more to help those select companies flourish.
It’s reported Roc Nation will be working with Primary Venture Partners and GlassBridge Asset Managament to build the new firm. Primary will reportedly act as a venture advisor to guide investment, and GlassBridge will reportedly offer business infrastructure support.
In TV news...
Hov is set to host a very necessary Town Hall meeting before the 2nd episode of his new six-part docu-series “Time: The Kalief Browder Story” on Wednesday, March 8th.
The special will examine criminal justice reform and it will include commentary from Hov (who executive produced the film), Harvey Weinstein and David Glasser. Kalief’s family members will also join in on the live panel discussion titled “Time and Punishment” from NYC.
The docu-series follows of black teen Kalief Browder, who spent three years on Rikers Island without ever being convicted of a crime. He was arrested at the age of 16. After his 3-year jail stint, he was released, and ended up committing suicide.
The story is heartbreaking.
You can check out a new episode of “Time: The Kalief Browder Story” tomorrow (March 8th) at 10/9c on Spike TV.
Photo: Getty
