Tag Archives: Business

Jay-Z’s Champagne Deal Set To Bring Him $315M Payout

JayZ

According to Forbes, the recent acquisition of Jay-Z’s Armand de Brignac champagne brand by LVMH is said to have been worth a reported $630 million. In this deal, the rap legend’s champagne brand, known as Ace of Spades, was reportedly valued at over $600 million. Forbes valued the brand at …

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Colin Kaepernick To Co-Chair SPAC With Najafi Cos.

Colin Kaepernick Memoir

Former NFL Quarterback turned activist Colin Kaepernick is throwing his hat into the SPAC ring.  According to Deadline, SPAC stands for special purpose acquisitions companies, and Kap will co-chair a new one called Mission Advancement Corp. The company is seeking to raise $250 million to invest in socially conscious brands. …

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Friendly’s Restaurant Filing For Bankruptcy

Friendly’s is filing chapter 11 bankruptcy. The restaurant, like many others, has been struggling during the pandemic. “Unfortunately, like many restaurant businesses, our progress was suddenly interrupted by the catastrophic impact of COVID-19, which caused a decline in revenue as dine-in operations ceased for months and re-opened with limited capacity,” …

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T.I. Launches Investment Syndicate ‘Tech Cypha’ For Startup Companies

Ti Gifts sister

Atlanta rapper and entrepreneur, Clifford ‘T.I.P’ Harris and longtime business partner Jason Geter, have officially launched ‘Tech Cypha,’ their new investment syndicate which focuses on early growth and late-stage startup businesses. The objective is to focus on providing startups with capital, marketing, and branding direction through guided mentorship and various partnerships that include …

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