Justin Bieber Rumored to Be Investing in Tech Startup

Chris CrumBusiness

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Justin Bieber is investing in at least one startup, according to a report from Business Insider.

Alyson Shontell reports, "We're not at liberty to announce which startup just yet.  All we can tell you is that the Bieber-backed startup will be a good-natured Zynga, and it has other high-profile celebrity backers on board."

Shontell points to the following video of Bieber playing basketball with NBA star Steve Nash, and points out that one of the other players in the video is a co-partner of Nash's VC firm Consigliere Brand Capital.

You might say Bieber's entire career is a product of technology and social media. You're probably familiar with the story about how he got his start with YouTube. He is certainly no stranger to Twitter's trending topics. Just last week, Guardian ran a piece about Instagram's CEO who pointed out that Bieber is using his app.

There have even been legal issues arise from Bieber's social media stardom.

Any startup investment from Bieber would also just be the latest from young popular celebrities, although he is much younger than his predecessors. Ashton Kutcher is an investor in such startups as Hipmunk, Fashism, Fab and Airbnb. Justin Timberlake is an investor in Myspace, as was announced shortly after that of the company's sale this year.

Chris Crum

Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.