The Rock & Roll Hall of Fame induction ceremony recently went down and found legends like LL Cool J, Tina Turner, Gil Scott-Heron, and more being inducted, along with Jay-Z.

Hov went on to give a speech that mentioned a bunch of his influences, including LL, and even gave respect to figures who were pivotal in his rise to power, like Damon Dash. Jay-Z was inducted and found people like former President Barack Obama and Dave Chappelle speaking on the brilliance of the Brooklyn rapper and entrepreneur. From there, Jay-Z spoke on how he got to where he’s at today, noting that Rocafella Records played a big part. Jay-Z said, “We was like we gonna create our own company, you know? That’s hip-hop. And we created this company called Roc-A-Fella Records.”