On Wednesday, the 27th of October, Mr Eazi took to Instagram to call out Jay Z for allegedly copying him. His accusation started with a screenshot of Marcy Venture Partners recent fundings.
Marcy Venture Partners is a venture capital firm that is interested in investing in startups with consumer products and services, and digital media and technologies. It was co-founded by Jay Z in 2019.
As seen on Eazi’s post, Jay Z just closed its second fund with $325 million. Sharing the photo, Mr Eazi appealed to social media users to beg Jay Z to stop copying him.
His post has left many people confused as to which of his many businesses Jay Z has reportedly copied.
For those who do not know, Mr. Eazi had a brief stint as a tech co-founder, having started the popular gadget store ‘obiwezy’. He is also the founder of Empawa Africa and Zagadat Capital. Zagadat Capital recently invested $9m in PawaPay, a company that aids people send and receive money internationally.
Mr Eazi’s Zagadat Capital plans to direct funding to startups and businesses that will power Africa’s tech future. With its recent investment in PawaPay, Zagadat Capital is building a continent financially connected within itself and the international community. He has also launched the $20 million Africa Music Fund (AMF) to invest in the careers of African music talents.