Upfront Names Chamillionaire As EIR

Los Angeles-based venture investment firm Upfront said late Sunday that it has named rapper and entrepreneur Chamillionaire as its newest entrepreneur-in-residence. According to Upfront's Mark Suster, Chamillionaire has been making small co-investments in such companies as Maker Studios, and working with the firm as an advisor. Suster said Chamillionaire willl be moving to Los Angeles for awhile, and working out of the firm's offices to develop his entrepreneurial ideas.