Justin Bieber's manager Scooter Braun has criticised the Grammys after the teen pop star failed to secure any nominations for next year's awards.

BBC: Justin Bieber's manager: Grammys 'blew it' over snub

And now, with the help of manager Scooter Braun, Bieber is putting some of that money to good use by investing in startups.

FORBES: Justin Bieber Sells Out All U.S. Tour Dates In An Hour

In a video posted by a fan on YouTube, Bieber's manager Scooter Braun was seen on stage explaining why the show had come to a temporary halt.

BBC: Justin Bieber to resume tour after scare

Psy himself was recently signed to Schoolboy Records, the Universal Music Group imprint run by Scooter Braun, who also manages Justin Bieber, Carly Rae Jepsen and Asher Roth.

FORBES: Bigger Than Psy: 2NE1 And The Future Of K-Pop

Scooter Braun made his name managing Justin Bieber.

FORBES: From Justin Bieber To Michael Jackson: My Top Stories of 2012

In a video posted by a fan on YouTube, Bieber's manager Scooter Braun was seen on stage during the show giving the audience an explanation as to why the show had come to a temporary halt.

BBC: Justin Bieber treated by doctors after O2 Arena concert