Black Gen Z VCs are here and swinging for the fence – Meczyki.Net

one day before in the pandemic, dazaya walker Found a job he’d never heard of before: Venture Capitalist Investor.

The pandemic ensured that he had time, and inspired by the profession, he began teaching himself the trade. She soon realized it was a way to build wealth, and as a young black woman, it was also a viable career path to which she had never been exposed.

“It’s one of those quietly laid-back industries where people have been becoming millionaires for years,” Walker told Meczyki.Net. “We haven’t been included in that yet.”

It’s starting to change. Although the investor landscape remains mostly white and male, black VCs have attempted to fund unseen founders, while pursuing careers once hidden from them. This new crop of VCs is starting at a younger age than ever before—and like Walker, he’s set his sights high.

Walker studied economics at Spelman College and worked as an executive assistant at the record label Quality Control. Two months after searching for venture capital, he proposed starting the label’s first VC fund. Today, at 24, she runs the label’s entire investment portfolio.

“There is a constant need for new approaches, new forms of creativity and innovation and this is done through diversity and inclusion,” Walker said. “It’s an opportunity [us] To be in one place to make an impact and inspire.”

another way of looking at the world

Walker was initially concerned that her lack of a Stanford degree or Bay Area expertise would hinder her progress, but the perspectives and ideas she brought to the table helped her establish herself.

Quality Control VC, Dazaiah Walker. image credit: dazaya walker

Atlanta, where Quality Control is based, is a booming tech hub, and the label is one of the country’s most popular. Walker says that as Gen Z’s spending power grows, his youthful outlook is valued.

She leverages quality control and the cultural relevance of her artists to build her network, knowing that founders and investors always want to associate themselves with the “cool”.

To date, Walker has helped the label execute eight deals, many of which focus on consumer apps and fintech, and spends time educating her favorite artists about investing. She once wanted to be a music executive, but gave up on those aspirations to focus on opening up economic opportunities for others who, like her, didn’t know this road to prosperity existed.

“There’s a lot of overlap in the intersection between music and technology,” Walker said. “I see an opportunity for this to be bigger than Now he, But as a way of building generational wealth and defining heritage.”

Over in Los Angeles, Jonathan MooreThe 22-year-old left his Wall Street career to work as an analyst at TCG Capital Management. He pitched the idea of ​​launching a crypto fund for the firm, believing that a generation of untapped talent could be tapped by the intersection of Web3 and the maker economy. Since launching the fund in September 2021, he has closed over 20 deals and says the outlook for this year is equally promising.