Nas-Carmelo

Nas & Carmelo Anthony Among Big Names Investing In SeatGeek


(AllHipHop News) Nas is one of the most legendary rhymers to ever pick up a microphone. The Queens emcee is also a well established businessman.

After taking part in the creation of Mass Appeals Records (Bishop Nehru, Boldy James, Fashawn, & Run The Jewels) and providing capital to over 40 start-up companies, Nas is adding another brand to his portfolio.

[ALSO READ: Run The Jewels (Killer Mike & El-P) Announce Release Date For “RTJ2” LP]

According to Forbes, Nas joins a superstar team that is investing in the ticket search engine SeatGeek. Well-known athletes Carmelo Anthony, Peyton and Eli Manning, Shane Battier, and Mike Dunleavy Jr. are among the other investors who contributed $35 million in the Series B financing round for the company.

“I’m excited to be on board with the SeatGeek team,” said Nas. “As our world gets more complicated, tools that give consumers simple solutions to make big purchases are going to win in the market, and we believe SeatGeek is that solution for live event ticketing.”

[ALSO READ: Nas: When 2Pac and Biggie Died, I Thought It Was The End Of Rap]

A description on the company’s website reads:

SeatGeek is a ticket search engine that makes finding tickets to live entertainment a cinch. We search dozens of the biggest ticket sites and present the results all in one place, with a simple interface designed for speed and savings. It’s 100% free, now and forever.

Carmelo Anthony and his Melo7 Tech Partners venture capital firm has been very active in finding opportunities to fund growing businesses. The New York Knicks all-star invested in 50 Cent’s SMS Audio in 2013. Melo also served as a worldwide brand ambassador for the headphone company.

[ALSO READ: Carmelo Anthony Partners With 50 Cent’s SMS Audio]

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  • It’s great to see hip-hop royalty flourishing in the business realm as well. Props to the brother Nasir.

  • The Legendary Troll

    Nas tired of seeing Jay brag about having 500 mill and want a piece of that himself

    • SBRon

      As he should! Each one, teach one…

    • ZUBU

      Nas is not concerned with how much money Jay has, if he was he would been doing that many years ago. Nas is a true artist and you know some of the greatest artists we have had in all spectrums were often far from the wealthest? They do it for the passion of their artform not the money.

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  • kojiz

    In the 90’s after the LA uprisings congress quietly increased and militarized law enforcement and the CBC remained silent. Meeting m-16,s and armored vehicles with sticks and rocks is embarrassing. Train, prepare and stop murders before they happen, also deal immediately with the corporate structure.

  • kojiz

    The corporate structure has funded so much pain and sponsored so much disenfranchisement in our communities but this must stop.

  • Troll_E_G

    Y can’t they just create an economic plan for the blacks in America… Much easier to invest in your people considering we have over a trillion in spending power but they rather give they money to whites .invest in your own, create for your own and I guarantee all that to do will become the black 1%….the Jews rapes the black demographic n calls it liquid money but the brothers act like they can’t do the same….it’s gotta b something going on behind the scenes because the blacks that become rich Never do anything substantial….open a grocery in queens then expand for example…

    • DirkDigg1er

      In my experience blacks are your hindrance. Blacks won’t allow Blacks to flourish in communities. The stigma generally is over priced inferior products from a non reputable brand. If you live in a Black neighborhood and pricing of services/goods are higher than other stores due to cost of ownership, could you honestly blame someone for buying products at a lower price? Would the neighborhood support this business? Would the community exempt these businesses from crimes (drug sales, theft, vandalism)?

      • Troll_E_G

        Everything u say is hogwash…Arabs mark up all day in the community…1 blunts for 250…Levis for 100….blacks support all businesses and buy overpriced items,goods,services since forever..I.e Jordans,iPhones, dodge chargers etc….Ferguson proves blacks won’t destroy there own considering non black establishments were looted ….all in all, the community will support because they support everything else by default

      • DirkDigg1er

        Demographics in Ferguson are far different from NY. Example: What was done after the Sean Bell(Eric Garner, etc.) incident?

      • DirkDigg1er

        You are diverting the topic to capitalism. We originally were referring to small business owners. Let’s stay on topic. Have you ever seen a group of 30+ kids smash and grab from grocery stores? Can you honestly say that a black owned business would be exempt?

      • Troll_E_G

        The topic is economics…if u can’t keep up…sorry for u

      • You Got Me Hott Out Here!!

        lol I hope u know the black-owned businesses were looted as well. That hair shop and the rim shop. Both black-owned. Blacks really don’t care.

      • Troll_E_G

        Lies…those were agents n not members of the community..the owners said this so stop it

      • You Got Me Hott Out Here!!

        I’m not surprised ppl don’t want to accept responsibility

      • Troll_E_G

        Responsibility has nothing to do with the Jedi mind tricks white supremacy plays…read a book,

      • BIG MIKE SOMETHING SERIOUS

        I was thinking the same thing, good point.

    • MisterAtypical

      They?? Stop with the dependent mentality. Why don’t YOU create a startup and hire talented brothas to grow your business. Don’t expect nobody else to do something that you won’t do yourself. People don’t understand the digital age allows for anybody to create something from nothing. You can learn to program for FREE…learn how to market for FREE…

      And I’m sure they’re not thinking about the color of the startups’ founders. So if you have a business that has a viable value proposition…then you could get funded like the rest.

      • Troll_E_G

        I do , have, and done…I’m alluding to blacks practicing collective economics like the jews,europeans, n whites…stop deflecting and take heed to the knowledge

      • BIG MIKE SOMETHING SERIOUS

        Agree.

  • Reblogged this on HUEY mix wit RILEY.

  • Eli Pinilla

    Some of these comments make my eyes bleed….just be happy for a ngga.

  • Troll_E_G

    Stop investing in them white owned companies and invest in the hoods you come from…its very cheap and really benficial financially…all these artists helping the Jews,whites etc but they won’t create a distribution company, public transit company, banks, tech company, cable , gold mines, weapons, clean energy etc to Compete..

    Create for your own , buy your own …u got a mainstream platform and a demographic of 41 million….stop being a coward and become the Black illuminati

    • 5% Hov

      FOH

      How u think we get the assests to build our empire?
      U think Jews only invest with Jews? If so we would have no Hiphop.
      Its about investing with all colors of people to invest in the hoods.
      Dumb ass niggas.

      • Troll_E_G

        Are u white? I think so, please Stfu

      • 5% Hov

        Nope….. how would that help you if I were..?

  • Markus

    Cool to see Nas diversifying his portfolio. Now more than ever with the audience’s tastes constantly changing and the lifespan of rappers’ careers shortening, without question you have to think 20 steps ahead of yourself. Money working for you makes the transition to becoming cold in music so much easier. Hope more dudes follow this example.

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    syrup(lean), KUSH (CANNABIS STRIANS like sour disel,white widow,granddady purple,purple kush,northern lights, green crack,blue dream) and relief pain killers pills like xannies, roxies, oc 80, adderal and more…………
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  • Apollo09

    Congrats on building their portfolio. It’s an ok investment but to bad it wont compete with live nation or ticketmaster especially when it comes to live event ticketing.

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