Life Is Good! Nas catches another exit as PillPack is acquired by Amazon
Nas' Queensbridge Venture Partners is having a great year, door-to-door pharmacy PillPack is their second investment this year to be acquired by Amazon; the first being video doorbell company Ring. The online giant, which purchased Pill Pack for a reported $1Billion, shared the news on June 28, with plans to finalize the deal as soon as this fall. PillPack was founded by TJ Parker, a second-generation pharmacist and Elliot Cohen, a computer scientist, the Chicago Tribune reports. The company ships consumers their medications across the country.
It is unknown what Nas has netted on the PillPack purchase. (The company's two founders got $100 million each.) But we can only assume.