Amazon has acquired the Nas-backed company PillPack. The startup offers a door-to-door service, enabling their customers to stock up by ordering online and having their products delivered directly to their homes.
PillPack was backed by Nas’ Queensbridge Venture Partners as an early investor in 2014. The fund is said to have raised $8.8 million. The deal is set to be finalized this fall. TJ Parker and Elliot Cohen, the owners of the online pharmacy, are each making $100 million from the deal. Nas and his crew are more than like to have hefty cheques coming in too.
This is the second time Amazon has bought out one of Nas’ investments. In March, the retail giant shelled out $1 billion to purchase Ring, a smart doorbell company. Nas came out of that deal with a cool $40M. Queensbridge Venture Partners also had a hand in Lyft, Genius (FKA Rap Genius) and more. It seems like the New York City native moves in silence for the most part.
Now I understand why Kelis is going so hard for more child support money!!