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Jay-Z co-founded Roc-A-Fella Records with Damon Dash and Kareem 'Biggs' Burke in 1995 after major labels passed on signing him.

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Wikipedia – Roc-A-Fella RecordsSupports True
"Roc-A-Fella Records was founded in 1995 by Jay-Z, Damon Dash, and Kareem 'Biggs' Burke after major record labels declined to sign Jay-Z."

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