Justin Bieber Revealed to Be Tech Venture Capitalist in FORBES Cover Story
Mon, 21 May 2012 15:18:58
In his FORBES Celebrity 100 cover, Justin Bieber is revealed to be a businessman with his hands in plenty of tech start ups. He's not just a teen idol.
The teen invests millions directly into private tech startup companies and holds stakes in a dozen or so companies. He does not trade endorsement for equity; he literally invests the cash and the companies steer clear of promoting their association with the singer. It's not like he endorses or promotes an app or a service and people use it. He funds them.
Forbes unearthed four of these companies: messaging platform Tinychat, social-curation app Stamped, gaming outfit Sojo Studios and the Spotify music service.
So The Biebs is smartly investing and will be a very rich man.
What is your favorite Justin Bieber song?