Eminem, who is also known as Slim Shady and is a Grammy award winning rapper, recently invested in a startup sneaker company called StockX. The Detroit native invested money in the startup company before now. He was one of the former investors to add additional funds to StockX, which is dabbling in the global sneaker resell business. StockX does this by connecting buyers with sellers using a live bidding system.
Eminem is only one out of a group of investors that has put in more than $6 million for StockX. Other investors alongside the Detroit rapper are Wale, Mark Wahlberg, DJ Skee, and even Joe Haden of the Cleveland Browns. StockX plans to stretch its products to things like watches and handbags.
While Eminem may have a cool head when it comes to investing in stock brands, his patience in the studio was recently tested. Stat Quo had a fallout with the rap legend. Eminem wrote lyrics that Stat Quo didn’t think quite fit the song. Yet angering Eminem hindered his career and Stat Quo didn’t get to drop a solo album while he was signed with Eminem’s label Shady Records. Only two years after he left Eminem’s company was his album Statlanta LP released.
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