Assertion Not publicly verifiable AI assessment confidence: 85% certainty 3/5 debate potential 2/5

Pierre-Jacques: Harlem Capital is the 3rd or 4th largest Black-owned VC fund

Henri Pierre-Jacques · Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings · Jun 24, 2022 · at 35:20

Henri Pierre-Jacques is the Managing Partner of Harlem Capital. He reflects on his firm's relative size among Black-owned VC funds.

0:00 / 0:05exact quote · 5.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“We're now the probably third or fourth largest black owned VC fund, which is kind of crazy.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Henri Pierre-Jacques

Opinion
Pierre-Jacques: Calling Yourself a FinTech VC Specialist Is Meaningless
“Like, how can you be a specialist for 30 to 40% of the market? Like, being a FinTech investor doesn't mean anything. Like, there's multiple verticals. There's multiple differences.”
Henri Pierre-Jacques Jun 24, 2022 ▶ 17:25 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Prediction Not checkable as stated
Harlem Capital aims for consistent 3x-5x net returns over single outlier wins
“And so for us, like we're not targeting to be that one coin based outcome, that one stripe outcome, like we're saying over time, how do we get LPs to know that we can consistently generate three to five X net returns.”
Henri Pierre-Jacques Jun 24, 2022 ▶ 7:38 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Insight
Institutional LPs prefer consistent 2x fund returns over volatile high peaks
“They don't care if you have one, five X. Right? Like, they'd rather take a two X over 10 funds consistently than a five X, one X, three X, two X, right? They want to know, do you know how to institutionalize and operate and have processes that allow you to bes…”
Henri Pierre-Jacques Jun 24, 2022 ▶ 9:23 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Assertion Partly supported
Pierre-Jacques: Diversity VC Funds Pre-2020 Focused Exclusively on Gender, Not Race
“You know, six years ago, diversity meant gender equality, right? Before George Floyd in America, all the diversity focused funds were women focused funds. There was no racial lens for, you know, investing.”
Henri Pierre-Jacques Jun 24, 2022 ▶ 16:51 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Assertion Supported
Pierre-Jacques: 99% of VC Funds Lacked Black Partners in 2017
“I didn't want to work for a firm that didn't have black partners, which was 99% of all VC funds.”
Henri Pierre-Jacques Jun 24, 2022 ▶ 1:26 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Insight
Pierre-Jacques: Venture entry pricing only matters relative to fund size
“Ultimately, the price only matters based on the fund size, right?”
Henri Pierre-Jacques Jun 24, 2022 ▶ 6:27 Henri Pierre-Jacques: How I Founded Harlem Capital; Our $134M Fund | 20VC #901 · 20VC with Harry Stebbings
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.