NAS EARNS $40 MILLION AFTER AMAZON INVESTMENT BUYOUT
Nas has earned $40 million dollars after Amazon spent $1.2 billion on his invested start-up, “Ring", which focuses on video-doorbell services, security cameras and home security systems. Even the investors on 'Shark Tank' thought it would be hard to sell but four years later, Amazon caught wind of it.
Nas, aka Nasir Jones, was reportedly one of Ring’s first investors. He and his business firm Queensbridge Venture Partners, have invested in several companies over the past few years such as Lyft, Dropbox, Rap Genius, and SeatGeek.
Congratulations to Nas Escobar!