Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Singles Forums Chat
Home > News > Post Content

Jay Z launches Arrive to fund startups, offer branding support and more (3462 hits)

Jay Z’s new venture capital firm Arrive, has arrived — the rap and business mogul has been planning the launch for a while, according to reports that surfaced in February, but a press release from parent company Roc Nation made it official on Monday. 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, per the official announcement.

Arrive’s unique sales pitch to potential investment targets revolves heavily around its experience in brand building — the company is unique among VC firms in terms of its exposure to the task of managing and building up artists, as well as athletes. It’s hoping to leverage that experience into something a bit different from the status quo in venture capital, according to the release, which could be a very appealing edge indeed to consumer-focused startups looking to accelerate their growth.

Roc Nation is working with Primary Venture Partners and GlassBridge Asset Management to form the new firm, with Primary acting as a venture advisor to guide investment, and GlassBridge offering business infrastructure support.

Arrive itself doesn’t yet control a fund — the press release suggests it’s in the plan, however, with the aim of building a resource that can be put into both existing portfolio companies and investing in new ones. Jay Z has already invested in a number of startups, both independently and via Roc Nation, including Stance, Uber and more.

Edit: Dan Primack, who first reported the existence of Jay Z’s VC fund, says that Arrive is a separate endeavor and that fund is still its own thing.

https://techcrunch.com/
Posted By: Elynor Moss
Friday, March 10th 2017 at 1:54PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
More From This Author
THE LOVE DARE 40 Days Love Journey Day 35: Love is accountable
Why Do You Dress Modestly? (A Mini Documentary, pt.1) | "Modest Closet"
How has wearing a headcoving blessed you?
THE LOVE DARE 40 Days Love Journey Day 30: Love brings unity
THE LOVE DARE 40 Days Love Journey Day 29: Love’s motivation
THE LOVE DARE 40 Days Love Journey Day 28: Love makes sacrifices
Love Travels
THE LOVE DARE 40 Days Love Journey Day 27: Love encourages
Forward This Article Entry!
News Home

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
deacon ron gray has logged 605576 blog subscribers!
siebra muhammad has logged 100126 blog subscribers!
elynor moss has logged 80986 blog subscribers!
tanisha laverne grant has logged 60431 blog subscribers!
miisrael bride has logged 51307 blog subscribers!
>> more | add 
Latest Jobs
RN-ATRIUM MEDICAL CENTER with Premier Health in Dayton, OH.
SURGICAL TECH-OB-NON CERT with Premier Health in Dayton, OH.
Student Account Counselor - Student Financial Services with Azusa Pacific University in Azusa, CA.
University of California, Davis Executive Director, Research & Teaching Animal Care Program with University of California, Davis in Davis, CA.
Program Director, Upward Bound (6702) with Southern Illinois University Edwardsville in Edwardsville, IL.
>> more | add