July 6, 2018

Nas Lowkey Gets The BAG As Part Of $1 Billion Deal

Nas Lowkey Gets The BAG As Part Of $1 Billion Deal
(Photo Credit: Bennett Raglin/Getty Images)

Nas continues to make good business decisions.

His venture capital firm, Queensbridge Venture Partners invested in an online pharmacy startup named PillPack. Amazon recently made the announcement that they had acquired the company for $1 billion.

There is no word in exactly how much they will receive, but it’s safe to say it will be a big chunk. According to the Chicago Tribune, the two co-founders will each receive $100 million each.

With Amazon going into the pharmeceutical market, PillPack allows people to receive their medications at their front door.

Nas and his Queensbridge Venture Partners had also benefitted with investments in Ring where they received $40 million after Amazon bought the company.

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