Tue, 27 July 2021
In this episode, Hall welcomes Kevin Rivers, Managing Partner at Black Ventures, LLC.
Headquartered in Detroit, Michigan, Black Ventures, LLC (BV) is an emerging private equity firm that buys media companies and real estate assets in wildly inefficient markets. They buy revenue-generating assets in music rights, apps, books, YouTube IPs, and enterprise software. They work with bootstrappers, self-funded and venture-backed companies, influencers, publishers, and profitability-focused founders. Through their M&A deals, they merge the assets into their media and IT businesses to expand their overall growth.
Kevin is a serial tech entrepreneur and is raising his inaugural fund to provide access to capital for YouTubers and music companies. Prior to working at Black Ventures, Kevin was CEO of Venzo Digital, an award-winning music distribution service that helped musicians earn over $2M in sales within the first year. Kevin sold Venzo to an NYC venture capital firm years later. Prior to Venzo, Kevin spent several years in the music tech space by creating the first Facebook Music Store platform, gaining media attention for a revolutionary music industry model, and securing landmark deals with leading gaming publishers.
Kevin shares with Hall what excites him now in the industry, advises entrepreneurs and investors, and discusses his investment thesis.
Music courtesy of Bensound.