5 Startups Surprisingly Backed By Black Celebrities
Long gone are the days of one-dimensional careers and single-sourced incomes.
These celebrities are securing the bag by making long-term money investments.
Here’s a list of startups that you may not have known were financially backed by Black celebs.
Rapper and investment guru, 50 Cent, invested in Casper — an e-commerce and retail sleep product company. It was once valued at more than $1 billion.
The socks company raised $86 million in 2015 with initial investments from Dwyane Wade and Will Smith.
The organic online grocery was initially rejected by top venture capital firms but went on to raise $111 million in their 2016 series B funding round with investors like John Legend.
Kevin Hart invested in Tommy John, a men’s underwear company, in 2016, and has since become the face of the brand.
Jay-Z backed the mobile app investment platform via Roc Nation’s Arrive subsidiary. Other investors include Snoop Dogg and Nas.
Want to learn more about these Black invested