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Hollywood angels: Here are the celebrities who are also star VCs

TechCrunch LogoTechCrunch1d ago

Hollywood angels: Here are the celebrities who are also star VCs - TechCrunch

Quick Summary:

The music mogul is an angel investor and co-founder of RocNation and of what is now MarcyPen Capital Partners, an investment firm stemming from the merger of Jay-Z’s Marcy Venture Partners with Pendulum Holding’s investment arm Pendulum Opportunities.

The firm has invested in companies such as the luggage brand Away (alongside Jay-Z) and the bedding company Parachute, according to PitchBook.

PitchBook shows the firm, which they run alongside business partner Phil Schwarz, has written at least six checks, including into companies like the diaper brand Kudos (alongside Gwyneth Paltrow) and the luxury boxed wine company Juliet.


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Article Details

Author / Journalist: Dominic-Madori Davis

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

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Article Type: News Report

Published On: 2024-12-21 @ 15:00:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1397 words

Reading Time: 8 minutes read

Sentences: 65 lines

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Copyright Owner: © TechCrunch

News ID: 24575453

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