After selling his venture capital fund’s portfolio firm, Vydia, for $1 billion, Nigerian musician and entrepreneur Mr. Eazi has caused quite a stir.
The acquisition was overseen by former Apple CEO Larry Jackson through his newly established multifaceted firm, Gamma, which counts Apple, Eldridge Industries, and A24 among its investors. The agreement marks the largest in Afrobeats history and is the fledgling VC fund’s first exit.
Mr. Eazi’s success story has inspired many young entrepreneurs in Africa to pursue their dreams of building successful businesses.
He has been vocal about the importance of investing in Africa’s creative industries and has been a strong advocate for supporting young talent in the music industry.
With the sale of Vydia, Mr. Eazi has become one of the wealthiest musicians in Africa, and his success has highlighted the potential for growth in Africa’s tech and creative industries.
Despite his success, many have praised Mr. Eazi for remaining silent on social media about the sale.
Below are some reactions;
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