Why Social Impact InvestingThis is one of the more important ways that we can spend our money and time. Hashtags are great, but "wiring and hiring" is better. I'm most interested in 1st time founders from marginalized backgrounds, or serving underserved communities.
Investment StrategyI invest time and money in businesses that fit one or both of the following criteria:
- Strong fundamentals, capital efficient, and opportunity for recurring revenue
- "Moonshot" opportunities that can transform our society for the better. Here are a few of the businesses that I'm currently excited about.
Here's a little of what that looks like in practice:
Gold Rush Vinyl - Offering industry leading quality and turnaround times on Vinyl Record printing. Woman owned business. Based in Austin, TX.
PWRFWD - "Pronounced Power Forward," a way to bring equity to under-monetized athletes.
Goalsetter On a mission to get every family in America saving.
The Professional Collegiate League College Sports Reimagined. A college basketball league where players get paid, and get their educations as well.
Collab Capital Bold Capital for Black Innovators. Lead by the mighty Jewel Burkes.
Mac Venture Capital Seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors. Lead by Marlon Nichols.