As the rapper himself so famously put it, Jay Z's not a businessman, he's a business, man. And now, as Axios reports, he's getting into the venture capital business, doing so in partnership with San Francisco's Sherpa Capital, no less — a revered early stage investment company founded by Iranian-American "super angel investor" Shervin Pishevar.

Mr. Carter, to use the rapper's real last name, will be working with longtime business associate and Roc Nation president Jay Brown on the project. Entrepreneurs many times over, Carter and Brown were investors in Uber's Series B funding round, to the tune of $300 million. And, of course, there's Carter's stake as co-owner of streaming music service Tidal, a Scandinavian company he purchased for $56 million two years ago and which has made notable gains, at least according to Forbes.

Characterizing Carters lifelong efforts, Forbes write:

Technically, Jay Z has been investing in startups for his entire career. He poured his own illicit gains into Roc-A-Fella Records in the mid-1990s along with cofounders Damon Dash and Kareem "Biggs" Burke and sold it to Def Jam across multiple deals following the release of his debut, Reasonable Doubt. The trio also launched clothing line Rocawear, which was sold to Iconix for $204 million in 2007.

But, per Axios, Sherpa Capital won't put is brand or name on the effort, nor will its staff lead investments. Instead, the Jays will seek to add a third business partner to the mix.

In the meantime, if you're serious about scoring funding from Jay Z, you'd better start honing your elevator pitch. It's going to be tough to top the impression famously made by Carter's sister-in-law, Solange Knowles.

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