Investing Into Venture Capital Funds with Kimberley Nixon
We need more black women on cap tables as limited partners, equity holders, and owners. There is a lot of media coverage on disparities between black and white families in paycheck, mortgage rates, wealth, and worse single black mothers have been put in a negative net worth. All these are negative reinforcements, and we need a story that is beyond black people not making enough, and its more important that we put our money to work immediately for the long term. We must be thoughtful and strategic to build wealth. Learn how to grow money, put each dollar to work, add value, and build wealth using a sustainable strategy.
Join the conversation with Kimberley Nixon as she shares about investment, PE funds, VC funds, and how to turn your experience into more than a paycheck to benefit the community and build a portfolio. Kimberley is a Brooklyn native now residing in LA. She is a wife, a mum, and the founder and managing partner at Open Venture Capital. Kimberley started Open Venture Capital after 20 years working across financial services, consulting and as an executive for several consumer and health and wellness brands. She now leverages her experience to help early-stage founders as they grow their companies. Her mission is to make sure there are equal pathways and access to health and wellness for all of us. We should all be medically rich.
Tune in!
Key Highlights from the Show
[00:01] Episode intro and a quick bio of the guests; Kimberly NDixon
[03:23] Kimberley's backstory, how she found her way in real estate and private capital
[10:03] What taught Kimberley the most about building wealth
[12:47] Kimberleys wealth generating and sustaining strategy
[15:36] Kimberley's activism journey into Angel Investing
[19:51] Open Venture Capital fund and what Kimberley focuses on
[22:25] The difference between PE (private equity) and VC (venture capital) funds
[26:20] Leveraging your experience and turning it into more than a paycheck
[27:37] Why its so important to have black women on cap tables
[32:14] Kimberley's message to her younger self
[33:38] Wrap-up and end of the show
There is a reduction of friction to taking risks when you see your parents doing something.
Money is a vehicle to more money.
Even though getting into VC is difficult, it allows us to discover entrepreneurial talents, produce, scale, and build together.
The breadth of how we use our talents in venture companies is so beautiful; there are a lot of skill sets we can leverage and use to build our portfolio in the industry.
Leverage your experience, put it to work, and turn it into more than a salary to benefit the community and build a portfolio.
Kimberley Nixon
Website: https://openventure.capital/
LinkedIn: https://www.linkedin.com/in/kimberleynixon/
Groundswell - an initiative to increase the number of black female investors in our fund:https://open-venture-capital.notion.site/Introducing-Groundswell-9274f02d9e4746a1ba6adab0af565386
Outreach: [email protected]
Website: https://www.lishabell.com/
Angel Syndicate Website: www.blxvc.com
Instagram: https://www.instagram.com/rootedcali/
Twitter: https://twitter.com/belllism
Notable QuotesLets Connect
Lisha Bell
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