Malcolm Jenkins is Defining the Modern Business Athlete (1 Viewer)

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Malcolm Jenkins wants to help the modern minority athlete understand the complexities of investing and being financially literate with the money they earn.

By Kyle T. Mosley | SI

Former slave and courageous abolitionist Fredrick Douglass once said, "Some men know the value of education by having it. I know its value by not having it." Malcolm Jenkins wants to help the modern minority athlete understand the complexities of investing and being financially literate with the money they earn.

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BROAD STREET VENTURES

New Orleans Saints veteran safety Malcolm Jenkins founded Broad Street Ventures (BSV), the venture capital fund he co-founded in 2020. BSV has several NFL players, including Duron Harmon, Jacoby Brisset, Devin and Jason McCourty, Rodney McLeod, and Jordan Matthews. The professional athletes joined Jenkins to create the investment venture funded by Black and Brown investors. In the Forbes article, Jenkins shared the purpose of Broad Street Ventures is to "focus on giving people of color more control over their financial future."

The investment vehicle will address the need for most minorities and people of color to be in "control over their financial future," said Jenkins.

Ralonda Johnson is the general partner and co-founder of Broad Street Ventures with Jenkins. Manhattan Venture Partners' Rashaun Williams has become an advisor for Jenkins, Johnson, and Broad Street Ventures. Williams' VC group manages a fund worth over $300 million.

Full Story - SI
 
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