Publications
Publications
- February 2021 (Revised October 2021)
- HBS Case Collection
Collab Capital
Abstract
Founded in 2020 by Jewel Burks Solomon and her partners, Barry Givens and Justin Dawkins, Collab Capital was a new investment firm built on two pillars: first, it would identify and support ventures founded by Black entrepreneurs, a group underrepresented in venture-financed entrepreneurship. Second, Solomon and her partners had developed a novel financial instrument that incorporated both profit-sharing and equity to offer an alternative to traditional venture capital (VC) for startups. They believed their approach offered venture-level returns for investors while also closing a critical funding gap for Black entrepreneurs. But Limited Partners (LPs) were not yet convinced.
Keywords
Black Entrepreneurs; Entrepreneurship; Venture Capital; Race; Business Startups; Financial Services Industry; Atlanta
Citation
Rigol, Natalia, Jeffrey J. Bussgang, and Mitchell Weiss. "Collab Capital." Harvard Business School Case 821-067, February 2021. (Revised October 2021.)