9. SYNCOM Venture Partners - Black Enterprise

9. SYNCOM Venture Partners

Founded by Terry Jones in 1977, SYNCOM is the nation’s leading venture capital firm targeting early to mid-stage investments in urban sectors of the media and communications industry. At the close of 2008, SYNCOM managed $410 million in capital.

For more than 30 years, the Silver Spring, Maryland-based company has played an integral role in establishing some of the world’s largest African American- and Hispanic-owned media and communications companies.  The firm’s portfolio companies include BET, Radio One, XM Satellite Radio, Z-Spanish Radio Network, Buenavision Cable, District Cablevision, El Dorado Communications and Pueblo Broadcasting.