MC Black Thought Begins Journey Into Venture Capital

American rapper and lead MC of hip hop group The Roots, Tariq Luqmaan Trotter, also known as Black Thought, recently announced his journey into venture capital. 

According to HipHop DX, the lyricist has joined early-stage tech venture firm Impellent Ventures as a general partner. Black Thought will work alongside the team to help recruit and encourage entrepreneurs to help them continue growing their new business while giving them the tools they need to build a longstanding business. 

His role as a partner at Impellent Ventures will help him elevate Black entrepreneurs and allow the musician to build his portfolio in the investment sector. 

Black Thought’s journey into the investment space follows in the footstep of other Black celebrities like Serena Williams, Pharrell, Rihanna, and Jay-Z. 

“I’ve been keeping an eye on the industry and looking for new ways to invest and diversify my portfolio,” the rapper said. 

“I also get to see a lot of investment opportunities before anyone else does because of what my brand means to founders.” 

Impellent Ventures was founded by David Brown and Phillip Beauregard in 2018 and aims to uplift startups by supporting them with early-stage investments and providing one-to-one mentorship for businesses with successful investors and companies such as Android, LinkedIn, Google, and more. They also offer Black entrepreneurs access to capital from Tier 1 hubs. 

The investment firm hopes Black Thought joining the company will encourage other artists to kickstart their journey into venture capitalism.   

Kumba Kpakima

Kumba Kpamika is a tech reporter at POCIT. A documentary about the knife crime epidemic in the UK got her a nomination for the UK's #30toWatch Young Journalists of the Year.

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