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Sheldon James
President & Chief Executive Officer at Bay Mills Investment Group
Sheldon James is an entrepreneur and former military veteran who co-founded Bay Mills Investment Group alongside his brothers, actors Shamier Anderson and Stephan James.1 As President and CEO, he leads the company's efforts to support BIPOC (Black, Indigenous, and People of Color) entrepreneurs and address disparities in venture capital funding.12
Key points about Sheldon James:
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Background: Raised in a single-parent household in Scarborough's Bay Mills neighborhood, which inspired the company's name.1
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Military service: Served in the Canadian Armed Forces, gaining leadership experience.1
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Education: Studied accounting and finance.1
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Mission: Created the Bay Mills Diversity Fund to provide direct support to BIPOC founders with investments ranging from $500,000 to $5 million, aiming for a total fund of $100 million.1
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Partnership: Collaborated with the National Angel Capital Organization (NACO) to create the Black Presidents Club, an investment group focused on supporting Black entrepreneurs.24
However, it's important to note that as of October 2021, Bay Mills Investment Group faced challenges:
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The firm was reported to be "on pause" due to a management restructuring and alleged health issues among the executive team.3
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Key executives, including COO Melissa Allen, had departed.3
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The company's website content was removed, and they were not responding to press inquiries.3
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There were no updates on whether they had successfully raised capital for their fund.3
Given the lack of recent information, the current status of Sheldon James and Bay Mills Investment Group is unclear.