Year after year, two of the most powerful figures in the hip hop industry are Sean "Diddy" Combs and Shawn "Jay Z" Carter. Although they are both running enormously successful companies such as their record labels and outside projects, Diddy is a little miffed that he and Hov haven't worked together on any business deals before.

Last Wednesday (Nov. 4), the media mogul spoke to Sway Calloway on his radio show "Sway In The Morning" to discuss possibly working on a business deal with Mr. Carter.

“Me and Jay – we’ve talked about it. We said we want to pick the best one," said Puffy, according to AllHipHop. “It’s going to have to be that one thing that gets it all the way popping. For other people, it was DreamWorks. When DreamWorks happened, it made it okay for strong, visionary, idealistic leaders to get together and figure out how to navigate.”

Diddy, who not only celebrated a birthday last week, but also released a mixtape, discussed how working with other important people in the industry could help in the future.

"I think that’s the only way we’ll be able to get true economic power. If we do more things together. That’s the next level for Hip Hop."

Peep his entire conversation with Sway below.