Eric Collins (investor) explained

Eric Collins
Nationality:American
Alma Mater:Harvard Law School
Known For:CEO and co-founder of Impact X Capital Partners

Eric D. Collins is an American businessman, serial entrepreneur, technology expert, and former President Obama appointee. He is the  CEO and co-founder of Impact X Capital Partners. In 2021 Collins was announced as the host of Channel 4 business reality show The Money Maker, (formerly The Profit).[1] [2] He has served on President Obama's Small Business Administration’s Council on Underserved Communities.[3]

Early life and education

Eric Collins is originally from Alabama.[4] His late father was a university professor and then a Swiss chemical company executive, and his mother, a music educator and guidance counsellor.[5] Collins has degrees from Princeton University and Harvard Law School which he attended alongside Obama.[6]

Career

After graduating from Princeton University, Collins worked as a strategy consultant specializing in deal making and mergers before spinning out another consultancy firm as managing partner. Eric founded a consumer complaint tracking platform which he wound down in 2001.[7]

Eric entered the tech industry in 2002 and since then has spent most of his career working in digital companies. He held roles at Tegic, an AOL subsidiary, Nuance Communications / MSFT, COO at Mobile Posse / Digital Turbine (2010-2013);[8] and Chief Revenue and Distribution Officer at SwiftKey / MSFT (2014-2016), a predictive text firm. This role brought him to London and was then followed by a role at Touch Surgery / Medtronic as its Chief Operating Officer (2016-2018).[9]

In 2018, Collins was part of a group of influential Black European and US serial entrepreneurs, institutional investors, investment bankers, corporate leaders and entertainers which led to the founding of Impact X Capital Partners.[10] [11]

Collins was named one of the UK’s top 100 BAME leaders in technology by the Financial Times.[12] He was voted one of the most influential Black people in Britain on Powerlist 2020.[13]

Collins’ first book We Don't Need Permission: Unlocking Black Empowerment for Good was published in April 2022.[14]

The Money Maker

Collins made his debut as host of The Money Maker on May 4, 2021, described by The Guardian as a "one-man Dragon's Den". It was positively received by the critics.[15] The format is based on US business show The Profit on CNBC[16]

Notes and References

  1. Web site: The Money Maker review – Obama guru leads a one-man Dragons' Den . . en . 4 May 2021.
  2. Web site: 2021-05-04. Who Eric Collins is - and what time his new series, Money Maker, starts on Channel 4 tonight. i (newspaper). en.
  3. Web site: 2021-05-03. Seasoned investor and former Barack Obama adviser Eric Collins is The Money Maker. Voice Online. en.
  4. Web site: 2021-05-04. The Money Maker: Meet Eric Collins here. 2021-08-25. HELLO!. en.
  5. News: Sanghera. Sathnam. Business guru Eric Collins on systemic racism and new TV show The Profit. . en. 2021-08-25. 0140-0460.
  6. News: McGrath . Nick . Eric Collins: 'Has Obama ever asked me for financial advice? No. He is very prudent' . The Times . 12 August 2023 . en.
  7. Web site: Eric Collins is Channel 4's answer to Alan Sugar on business reality show The Profit . i Newspaper. en . 9 February 2021.
  8. Web site: Center . Microsoft News . 2022-03-04 . Microsoft completes acquisition of Nuance, ushering in new era of outcomes-based AI . 2024-08-20 . Stories . en-US.
  9. Web site: Williams. Tommy. Black-Owned Venture Capital Fund Impact X Capital Wants To Invest £100 Million In Underrepresented Entrepreneurs. 2021-08-25. Forbes. en.
  10. Web site: 2019-11-16. 'We want to find gems': the black venture capitalists invested in change. 2021-08-25. The Guardian. en.
  11. News: Black-owned businesses struggle to find investors. Financial Times. 30 June 2020 . Bounds . Andy .
  12. Web site: 2018-11-14. The UK's top 100 black and minority ethnic leaders in technology. Ft.com. en-GB.
  13. Web site: Lavender . Jane . Lewis Hamilton ends incredible year top of influential Black Powerlist 2021 . The Mirror . en . 17 November 2020.
  14. Web site: Chandler . Mark . Transworld signs 'catalyst for change' by entrepreneur Eric Collins . The Bookseller.
  15. News: Singh. Anita. 2021-05-04. The Money Maker, review: When Dragons' Den met The Apprentice via Obama. en-GB. The Telegraph. 0307-1235.
  16. Web site: Kanter. Jake. 2021-02-09. CNBC Business Reality Show 'The Profit' To Be Adapted By Channel 4 In The UK. Deadline. en-US.