Thursday, August 4, 2011

Kanye West Invests In Music Social Network Turntable.fm


Yeezy joins Lady Gaga as some of the main investors in the growing site.

Kanye West is one of several investors in Turntable.fm, an increasingly popular social network where users can upload and play songs for others.

According to Business Insider, ‘Ye and Lady Gaga join Union Square Ventures as investors in the site. As investors, the artists contributed to a $7.5 million financing that took place last month at a $37.5 million valuation.

Though the site has become an Internet sensation, critics have been questioning its legality. Now that several celebrity investors are on board, the criticism might die down.

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