Got $100 Million? ~ Invest in Jay-Z!

Rumor has it that Rapper/Mogul/Entrepreneur, Jay-Z has been desperately seeking funds to start his own label, Carter Music Group. Since leaving his position as president of Def Jam, he has been asking upwards of $100 million and also wants the investor(s) to provide for overhead, development and digital investment.
“He wants the labels to basically be his venture capital fund – but unlike a venture cap, they won’t get 50 percent. This is not the ’90s anymore.” (Source)
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Allen Taylor
March 20, 2008 @ 3:34 pmNice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
The E-Biz
March 20, 2008 @ 6:32 pmbrotha is delusional! He better get back to his hustle and do it himself!!