Shawn “Jay Z” Carter Has Been Putting Lots Of Money Into This

According to a report from Axios on Tuesday, Jay Z, rapper and husband to Beyonce, has been putting his money into start-up and technology investing.

According to unnamed sources who spoke to Axios, Jay Z will be partnering with venture capital firm Sherpa Capital, which has invested in companies like Uber, Airbnb and Slack.

The report said the rapper will partner with Roc Nation president Jay Brown for the new fund.

Jay Z has also invested in Uber and music streaming service Tidal.