Started from the bottom now he’s — in the boardroom: Drake is throwing money at companies like never before. What’s his strategy?

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 55%

México Noticias Noticias

México Últimas Noticias,México Titulares

From app-based online investing, to esports and plant-based meat, these business trends have defined the past year. And Drake has been betting on all of them. The Star’s madiwongg breaks down more of his investments via TikTokCanada ⬇️

As a musician, arguably. As an entrepreneur and investor, indisputably.

His most recent bets carry all the hallmarks of a hip-hop star’s investing approach: many are consumer-facing brands, often in areas that are buzzworthy and growing fast: hot chicken chains, legalized pot, app-based online investing, esports, gaming, plant-based meat. These are the business trends that defined the past year, and Drake is betting on all of them.

Then there’s his minority stake in L.A.-based Dave’s Hot Chicken, a stake in a venture capital fund that invested in Wealthsimple, and an investment in Daring Foods, a plant-based chicken company also based in L.A. As with many of his investments, Drake’s decision to pour money into Bullrider was likely based as much on a personal connection as an analysis of the company’s financials.

His funding for the robo-investing success story founded by Michael Katchen was part of a $750-million round that included famous names like NBA centres Kelly Olynyk and Dwight Powell, as well as NHL star Patrick Marleau and actors Ryan Reynolds and Michael J. Fox. Venture capital or angel investing also tends to happen in flashier, more speculative areas of the market, such as esports or tech.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Drake madiwongg TikTokCanada

Drake madiwongg TikTokCanada Drake likes little girls

madiwongg Drake TikTokCanada Question is, madiwongg, who is Drake’s money manager?

Drake madiwongg TikTokCanada

Drake madiwongg TikTokCanada And he fucked a stripper no one is perfect clowns looking up to fake idols put that energy to god

Drake madiwongg TikTokCanada Plant based meat is an oxymoron

Drake madiwongg TikTokCanada Drake deserves to be sued. ASTROWORLDFest drake

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 60. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

How should small business owners set up their finances as they start their company?From whether to incorporate to how to collect sales tax, first-time entrepreneurs have many decisions to make to steer clear of financial mishaps
Fuente: globeandmail - 🏆 5. / 92 Leer más »