After leaving his 300 Entertainment/Rich Forever Music arrangement for Interscope Records, Rich The Kid seems to have no regrets.

According to TMZ, Rich says he chose to sign with Interscope because of a synergy of vision in terms of his career. "Interscope really, know what I’m saying, [they] feel my vision. For me, and everybody. They talked nice," Rich explained. He also confirmed that the sexual assault allegations toward L.A. Reid didn't play a part in his turning down a deal with the legendary music exec.

Rich is also happy to be spending part of his reported $2.5 million deal with Interscope. In fact, he spent nearly $250,000 on new bling in New York's jewelry district.

Check out the full video clip.