This was a strong pitch even though we didn't hear about particular industries or target ROI. Great seeing young guys like this making moves and sharing the insights with others.

The richer you get the smaller the waterbottles get hahaha

We need more of this level of content. Showing young diverse people making big moves.

This should show The younger generation that it is not all about being a rapper or a drug dealer or an athlete to make it in life you can actually do it with having a brain and having a plan and working with people to get far this is awesome stuff I love it

To some investors, it's not only about maximizing returns. Those who care about a particular cause, can make some concessions in expected return for social return. Think of social impact as a spectrum, where on one extreme you have philanthropy (maximize social returns) and the other is capitalism (maximize capital gains). As the investment mindset moves from philanthropy to capitalism, you can balance between social and capital returns. The space between includes investments in social enterprises, (non)/concessionary funds, ESG funds. All of this is a relativity untapped source of capital, and these guys clearly know that. That's their value proposition. So, it's actually quite refreshing to see both impact-driven fund managers and investors. Obviously very sharp guys- they'll do great. I'm cheering them on!

John that was an amazing pitch. I love seeing the inside look at meetings like this. Gives me a look as to how I should go about my pitch meetings with the local lenders in Ohio.

LOVE it. I contacted them early last year and my team has been working diligently to get our startup to the light of day. Love seeing how they presented their concept. Brilliant!

Don't invest based on people's race. It's insignificant in capitalism and will only lead to inefficiencies and lost opportunity. That goes for everyone.

Koodos to the VC guy, Ron Moelis for investing ahead of time into something that we see 2 years after that it is/was the right thing to do. Also congrats to John Henry for being a visionary and tackle this head on.

This guy debated against Tai Lopez

“We think about doing well and doing good at the same time”. Very subtle and concise what you said 😂

What happened to 'the best idea wins'? The market doesn't care if you're black or white or blue or green.

This was amazing. Thank you

This investor guy is absolutely too nice to be true, 99% of the time you gonna meet killer whale sharks. You better have a good ROI in your plan, cos fancy words and minority formalities wont do nothing, its about the numbers.Cos in real life they would dissect like an insect and will spit you out cold on the side walk before you know it

This bro who was arguing with Tai

Networking is a huge barrier for people that do not come from communities with resources. It isn't just minorities, but rural communities as well. In terms of VCs overlooking Woman and Minorities, that isn't the case today. Most VCs are doing whatever they can today to increase these investments. Many are greater than 50% vested in those categories. I am not sure when this was filmed, it may have been different. Regardless, this was a great pitch by some solid guys. Thank you for filming and sharing!

I absolutely commend this and wish the HCP team all the very best - more diversity in VC can only be a good thing. I would never seek to detract from what you are doing. However, speaking as VC-funded entrepreneur, you have two major weaknesses. The first is that none of your partners have ever started, run, scaled or sold a startup. You look, dress and think like bankers. It would be hard for me to feel that you have really been in the trenches and have empathy with me, so good luck expecting me to take your coaching (unless it's on fundraising) - especially as you're only targeting a 5-10% stake. If you can get someone on your team who is an entrepreneur with exits under his/her belt, that would make a big difference. The second weakness is that you don't like to invest at the true early-stage level. You want to see proven demand / traction etc. first - background wise, that's what you're used to dealing with. However, this is actually counter to your philosophy of helping minority founders to come up, because they will have to try their luck with the very white investors you are trying to diversify from - and that will constrain your deal flow.

Rappers throwing around vanity with net worths around 100mil meanwhile VC’s casually investing 100-500

Strong pitch but I don't see this particular play well in terms of return.

Starting a business based on the foundation of excluding a particular race and gender? Doesn't matter who it's against, racism is racism and sexism is sexism.

Well done brothers....we need more of this!!

Love seeing more diversity in GPs! Kudos!

Absolutely love this series

I have to say, right when they said they're investing in companies who need seed money, I was out

Great pitch. Thorough but to the point. I know it took a lot of work to get the info that clear. Great job!

Love seeing these guys kicking doors in! But VICE, why is "Hustle " in the title? This is a legitimate business proposal between professional s and an investor not someone selling tshirts in a barbershop.

These guys are so sharp!

Pushing & Raising the bar.........Great clip!

Racist and sexist investing isn't smart. Invest on merit no matter their skin colour/gender.

Diversity focus VC but they go ask a majority own fund for capital instead a minority own fund manager. Ron to avoid looking bad on TV give them $250k to sent them out of the door which is way less than advertising exposure he got for appearing in the show. FYI, The owner of VICE is from Pakistan a minority and may have more money than Ron to help you guys with this fund. Big Papi, Robinson Cano, Albert Pujols, Jose Reyes and Alex Rodriguez also a list of potential investors which I think will better understand your mission. Nevertheless still a great idea just need to realign the execution. God Bless!

awww that was beautiful!

Congrats! Main guy went to Harvard Business school good job boys!

Education is so important. There’s so much lack of education, experience, and a lot of this is pandering to the process of accessing capital to look the part. Real businessmen don’t start a business by running debt or equity financing against their non existent P&L. Stay in school guys.

I’m all for what you do I hope one day when I’m ready to reach that level I can learn from you !!

This isn't really how deals get made.

I love how they all took turns making the presentation. 😊

I loved how prepared they came!

This is awesome and we'll needed in our society

Interesting that Vice portrayed John Henry as the lead guy in the group of young investors when he was in fact a Venture Partner and not Managing Partner..likely because John was more of a public figure than the others....wonder why John ultimately parted ways with Harlem Capital...always felt like he was more of an entrepreneur than a investor-type...entrepreneurs need the space to be creative and think big and boldy...maybe John realized he could do more by getting outside of the box

Business wise, ok plan. For the rest, capitalism at his best: our only criteria is that you are a Latino and you have a product-market fit. If your company purpose is to exploit communities, we are a fine with that. That "we want to do good and do well" hides so much ideology behind it

this just sounds like a PR stunt, not real business... first, you need to explain how disproportionally investing in "people of color" is going to make money. There is no real talk about money or ROI... this is just about feelings and being nice. I bet this guy didn't invest anything or if he did, he did the minimal amount just to claim the PR experience, or write off as a charity.

How about “fund the best company and idea possible” and not “fund minority”

The minute they said “diverse” is the leading qualification, it’s was a no from me. It shouldn’t matter about race, gender, sexual preference. Wouldn’t expect anything better from Vice of course.

LOVE THIS!!! THANKS

LOVED LOVED LOVED This!!! I need more of this!!!

Great video guys. It was good to see the investors feedback on your deal

I'll just use this video as supporting data for all my arguments.

I knew Eagle eye cherry's record sales went down, but a vc fund?

"We go with if the founders are non white males..." Tells you all you need to know folks. Don't invest based on race. Invest based on great products/ideas, finances, and founders/management team.

love seeing this stuff. 3 young black men doing something good and making power moves

the only thing about their pitch was them wering suits...they didnt talk about roi's

Content KZfaq needs and deserves 👏🏽👏🏽👏🏽👏🏽

More please

His name is John Henry matos ... Dominican

Great video! KZfaq please recommend more of the sort to me

Great pitch! Just a thing I would have improved is that when they read the percentages of women/blacks in funded business read out interesting stats on their performance. But overall I really think they are on the right track.

Where do I go to learn this?

Go Woke, Go Broke

Strong pitch, but i believe money only sees green

Phenomenal!

“The Business doesn’t have to be impactful”…😐

''bias'' aside, wouldn't you think those receiving funding maybe just... deserve it and that there is a correlation between skin tone / ethnic background and funding but not a causation?

Question ? I’m not sure what papers or booklet they have, but I’m guessing they that’s the business plan, are you required to have it during the meeting? And do you have to speak professional like using big words and stuff?

This is awesome! I love seeing this firms videos on here

3:53 The awkward relate "I have a (ahmm) daughter who just started a business so...". This is why their VC fund is so important. Yes green is green. But if you can get green within a homogenous crowd why would you actively look or risk investing outside that circle. That outside of the box thinking is just awkward and "risky". "Better to stick with what you know". In a nutshell, their VC fund will help investors diversify with different looking, visionary companies with a level of trust and more ease. And at a discount too because 100k, 500k really ain't shit in the VC game.

this is funny , they wrapped up a minimum 6 month of negotiation in 6 min meeting . at least ask your ceo i am sure he know more about investing than who ever made this

Alright.....this is ridiculous. lol. Their investment edge is .... diversity? What?

What a great pitch!

Love these guys

Powerful stuff guys!

this is so good, i want more. i'm in the uk, how do i watch it?

Good luck guys

Fantastic!

Well done boys , inspired

Great job fellas

Dope... should definitely look into the Zoom Video IPO. Put a nice chunk of money there, maybe some Mongo and Zscaler and no need to pitch Investors in 5 years. Good luck fellas

Congrats guys!

I hope they succeed. As a business owner, I always thought minorities needed access to capital.

As a Partner & VentureCap myself, I’m just being honest when I say it’s too idealistic.

The notion that "the only color an investor cares about is green," would work in an ideal world maybe but that statement is simply NOT true. In Finance, there is bias, it carries over to how companies are viewed, their management teams etc.,. We need to invest in the best company/opportunity. However, we also need to understand that often times minority entrepreneurs are not given the same opportunities despite merit.

Lol business is so cut-throat. If your investments depend on the identity of the company founders rather than their merit--good luck. You'll need it.

Great pitch

Impeccable

Brilliant!

Inspiring!

Very Dope stuff

I enjoyed that!

So strong 💪🏿

My dream 🔥🔥

Isn’t this the dude that got son’d by Tai Lopez?

I thought this was a vey interesting and enjoyable movie and I would have liked it but I didn’t because I wasn’t amused by the racial/ minority play, I know that businesses with diverse founders may be less likely to find investors due to bias however that does not give a venture capitalist company the right to choose entrepreneurs based on their gender, heritage, or skin color. Frankly as a minority I was offended by this video and feel that it should be flagged for all the “reverse bias” for lack of better words because I know how it feels to be the victim.

I thought this was about 2k VC

Is this “subconscious bias” in the room with us now? Conscious bias is racism

it's an interesting investment strategy, and it is obvious to everyone why Viceland promotes them here. If we're gonna be race fixated in that American way then I'm half latino, half white, non-American, so maybe I wouldn't qualify, but how I frame this is that it's less about everyone following this model and more about these guys trying to do something they deem right while simultaneously growing as a company, and trying to help the world grow in the process. To some extent the whole thing plays into America's unhealthy race narrative in terms of political debate, but it's interesting to observe haha.

Entrepreneurship at its best!

Powerful

I'm sad that you said latino and black founders but not asian. We are underrepresented too!

I understanding giving minority business owners the ability to receiver funding for their businesses is a great idea. However, i do not think as a venture capitalist you should not invest in a potentially lucrative company based on someone not meeting a requirement based on skin color or gender. It almost sounds like reverse discrimination.

‘Doing well and doing good at the same time’ by discriminating on the grounds of race. Sounds a lot like what the Civil Rights Mvmt and MLK fought against.

Calling a VC a racist in the first 30 seconds of a pitch, while on video, is an interesting hook. 😆 I know it's not a direct quote, but that was the point of showing the numbers of who was investing to whom as it pertained to skin color and gender. I find that funny. 😆