Photo Credit: Lisa Dragani/Getty Images
Black Thought wants a seat at the Shark Tank. Tariq Trotter has become a venture capitalist.
The lead MC of The Roots, Trotter, has partnered with the investment firm Impellent Ventures to connect small tech startups in the Rust Belt states with East Coast tech hubs in New York and Boston. As a venture capitalist, he’ll be investing money in the startups in exchange for part-ownership, or equity, in the company. The companies can benefit from the investment as well as the mentorship of the firm’s established East Coast partners.
Trotter hopes his new role makes the idea of venture capitalism less intimidating to other musical artists or people from marginalized communities.
“My brand is kind of like a bridge, and then people also look to my lyrical content for historical and political commentary, which helps inform them,” Trotter said in an interview with Axios. “When people see me out on the street, they don’t feel I’m the sort of celebrity that [is] far removed from them, on another planet with nothing in common… There’s a blue collar rock star thing about The Roots that’s approachable and understandable, and I think any company or brand aligned with that will appear more so as well.”
Black Thought’s lyrical content and political commentary come from a socially conscious space, which is why it may be a bit ironic that the same MC who said, “Your life could depend on the laws of averages / The difference between Black and white is mad privilege,” on his 2020 song “Good Morning,” would see the lack of people from marginalized communities in the venture capitalist space as due to hesitancy and not a lack of capital.
Although, now that he has stepped into the investing space, Trotter will have the chance to choose where to plant seeds of capital going forward.
Swarm co-creator Janine Nabers told Vulture that Beyoncé has possibly watched the show, which was… Read More
The 2023 Newport Jazz Festival lineup has been announced, with performers including Herbie Hancock, Thundercat,… Read More
During Adam Sandler's acceptance of the Mark Twain Prize for American Humor, Chris Rock rifted… Read More
Music legend Sly Stone has announced a new memoir co-authored by Ben Greenman, titled Thank… Read More
One of NYC’s first Black-owned cocktail bars opened in the 1840s. Now, a handful exist,… Read More
LaKeith Smith, an Alabama man who was 15 when a police officer shot and killed… Read More