Mr Eazi sells his company vydia for $1 billion.

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Esther A

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Jul 28, 2022
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Mr Eazi sells his company vydia for $1 billion.

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Popular musician, Mr Eazi has sold his company for $1 billion.

The Zagadat Capital which is the venture capital fund has profited $1b form the sales of the portfolio company, Vydia.

Oluwatosin Ajibade is known popularly as Mr Eazi and he is a musician and businessman.
The star is engaged to Temi Otedola the daughter of Nigerian billionaire Femi Otedola.

He sold his portfolio company known as Vydia.
Vydia is the portfolio company of Zagadat Capital which is his venture capital fund.

It was Gamma, an American music and tech firm who acquired Vydia which has previously worked with some big artists including Kanye West.

Gamma is owned by Larry Jackson who is a former executive of Apple music.

Mr Eazi launched his venture capital fund, Zagadat Capital in 2021. Ever since the launch of this company, they have invested in various tech companies including Eden Life. They also first made investments into music tech companies like one of his own companies- emPawa.