Eric Collins (investor)

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]

Eric Collins
NationalityAmerican
Alma materHarvard Law School
Occupations
  • Businessman, serial entrepreneur
  • technology expert
Known forCEO and co-founder of Impact X Capital Partners

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); 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).[8]

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.[9][10]

Collins was named one of the UK’s top 100 BAME leaders in technology by the Financial Times.[11] He was voted one of the most influential Black people in Britain on Powerlist 2020.[12]

Collins’ first book We Don't Need Permission: Unlocking Black Empowerment for Good was published in April 2022.[13]

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".[1] It was positively received by the critics.[14] The format is based on US business show The Profit on CNBC[15]

References

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