Category Archives: Mortgage

Feature 2021

34. The Importance of Negotiating Your Equity with Brooke Harley



Unsure whether and how to ask for more equity when negotiating your new compensation package? The 30 minutes you spend negotiating your new employment agreement could change the course of your entire future, and negotiating for more equity can be the driving force for that change.

In this episode, Malcolm Ethridge sits down with Brooke Harley, Founder and CEO of Class Rebel, to shed light on compensation negotiations and explain ways to ask for more equity. Brooke discusses Class Rebel’s role in preparing their students and arming them with the foundational key terms and concepts that make up an equity agreement.

Brooke discusses: 

  • The potential long term impact of equity negotiations
  • The importance of understanding the basics of stock option plans and how they work
  • The value of seeking out a competing offer
  • Understanding what’s negotiable in an equity offer and what’s not
  • And more

Resources:

Connect With Brooke Harley:

Connect With Malcolm Ethridge:

About Our Guest:

Brooke Harley is the founder and CEO of Class Rebel, an online class e-learning company that offers classes focused on wealth, building angel investing, and the basics of managing equity.

She also has an MBA in finance and earned a JD from York University before founding Class Rebel. Brooke has worked as a corporate attorney as well as a venture investor and startup board member.


Feature 2021

33. LatinX Representation in Tech and Venture Capital with Cheryl Campos



Less than 1% of all professionals working in venture capital today identify as LatinX, and only 1.2% of LatinX founders had access to or received VC funding in the last year. However, there are several leaders in the finance and tech communities actively working to change that.

In this episode, Malcolm Ethridge sits down with Cheryl Campos, Head of Venture Growth and Partnerships at Republic and co-founder of VCFamilia, to discuss how her organizations and ones like them are working to level the playing field in tech and increase the levels of LatinX representation in venture capital.

Cheryl Campos discusses: 

  • Why opening up venture capital to other communities will not only diversify the startup funding landscape, but also lead to more diverse products being launched and brought to market
  • How Republic has supported over 600 underestimated founders by helping them find access to funding
  • The work that her organization, VC Familia is doing to create a community and a sense of belonging for Latinx professionals in venture capital
  • How other venture capital firms can get involved to help make sure that more diverse professionals are finding career opportunities in technology and finance 
  • And more

Resources: 

Connect With Cheryl Campos:

Connect With Malcolm Ethridge:

About Our Guest:

Cheryl is passionate about the intersection of finance, technology, and social impact. She is the Head of Venture Growth and Partnerships at Republic, a one-stop-shop for founders to raise capital from both accredited and non-accredited investors. She is focused on introducing underrepresented founders to both traditional and alternative funding sources in order to help their startups thrive. In other direct investing roles, she is a scout for Lightspeed and an investment partner at The Community Fund. Cheryl is also one of the founders of VCFamilia, a community of Latinx VCs supporting current & emerging investors through collaboration.

Previously she worked as an analyst in a Connecticut-based private debt & equity firm with an emphasis on minority and women entrepreneurs. She started her career in Investment Banking at Barclays, working in the Financial Institutions Group and Structured Finance. She holds a BA in Economics with honors from Harvard University.


Feature 2021

28. Malcolm’s 10 Financial Commandments



There is no shortage of thoughts and opinions out there when it comes to managing your personal finances and making smart money moves. However, not all financial advice is created equal. Some is meant to entertain, some is meant to inspire, and some is meant to educate.

In this episode, Malcolm Ethridge rips a few pages out of his highly anticipated book to give you a preview. In The 10 Financial Commandments, Malcolm focuses on educating the reader, by sharing some of his favorite practical rules about money, both learned and earned.

Malcolm discusses: 

  • How some pieces of conventional wisdom can lead you astray
  • How to make sure that you are being intentional when thinking about your money
  • How to build equity in a more efficient and valuable way
  • The importance of finding your tribe and having someone to help keep you on track
  • And more

Connect With Malcolm Ethridge:

 


Feature 2021

27. Non-Traditional Ways to Fund Your Startup with Doll Lank



Are you considering launching a start-up but unsure how you’ll come up with the funding? Are you currently looking at options to bring to life the next stage of your business and grow?

A ROBS transaction might be the answer you’ve been looking for.

In this episode Malcolm Ethridge sits down with Doll Lank, partner at KLB Benefits Law Group, to discuss different types of plans ERISA offers and the unique ROBS funding technique for C corporations. Doll shares the risks and benefits of ROBS plans and how they allow you to use your retirement savings to fund your start-up.

Doll Lank discusses: 

  • The different types of retirement plans eligible for a ROBS transaction and what role ERISA plays in the transaction
  • What types of businesses are eligible to use a ROBS and which ones are not
  • The risks and benefits you must take into account when considering a ROBS transaction to fund your business
  • The importance of seeking good guidance and working with a professional to help you avoid ERISA violations
  • And more

Connect With Doll Lank:

Connect With Malcolm Ethridge:

About Our Guest:

Dorothy “Doll” Lank, a co-founder of KLB Benefits Law Group, is experienced in advising employers on their benefits plans, with a focus on qualified retirement plans, particularly so-called “ROBS” plans. Before focusing on ERISA, she worked in prohibited transaction law, and employee benefits, Doll practiced general business law including entity formation, mergers & acquisitions, nonprofit law, real estate, land use, local government law, and even water law. Doll’s main interest is in helping clients progress toward their financial goals in a range of circumstances involving tax qualified benefits, from the correction of an employer plan failure, to avoiding a prohibited transaction, to the impact of an acquisition on a company’s benefits.


Feature 2021

26. Teaching Financial Literacy Through Technology with Evan Leaphart



Your credit is important, and it is something that is going to either propel you toward or hold you back from financial independence.

So why is that so many people know next to nothing about how credit scores work?

In this episode, Malcolm Ethridge sits down with Evan Leaphart, founder of Kiddie Kredit, to discuss his journey as a founder and to talk about the importance of teaching financial literacy. Evan shares his own credit story and explains how he is using technology to teach kids about personal finance as early as possible. 

Evan discusses: 

  • His role in creating Black Men Talk Tech and how it came to fruition
  • Why he feels passionate about financial literacy 
  • How he moved himself from an idea to creating Kiddie Kredit
  • How Kiddie Kredit works to educate the entire family about credit 
  • And more

Resources:

Connect With Evan Leaphart:

Connect With Malcolm Ethridge:

About Our Guest:

Evan Leaphart is the founder and CEO of Kiddie Kredit and the co-founder of Black Men Talk Tech. He creates online curriculums for schools, organizations, and families to teach children about the fundamentals of finance.