©2018 BY BLCK VC.

BLCK VC

"We are the change that we seek"

BLCK VC was formed to connect, engage, empower, and advance Black venture investors by providing a focused community built for and by Black venture investors.

 

The Stats

Black VCs in the news

Firms with at least 1 black investor

Firms with at least 2 black investors

 

Team

CO FOUNDERS

 

The Stats

Firms with at least 1 Black investor

Firms with at least 2 Black investors

Firms with at least 3 Black investors

30

5

1

One study by HBS found Black investors made up less than 1% of the industry in 2016 (0.32%).  Other sources estimate the percent of Black investors has only increased by 1% in the past two years. 

Almost half of all Black investors are associate-level, out-numbering all partner-level Black investors. Only 2% of all partner-level investors are Black.

81% of all VC firms don't have a single Black investor. In a sample of 160 firms with more than 2 people, only 5 have at least 2 Black investor.

The data used for these statistics was gathered by Richard Kerby and was introduced in his article about the racial and educational backgrounds of venture capitalists (link). This data is a sample of 193 venture capital firms and  1487 investors. References are also made to the 2017 HBS Diversity in Innovation paper (link)

Frederik Groce

Storm Ventures

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Sydney Sykes

NEA

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BOARD

BOARD

Adina Tecklu

Canaan Partners

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Brian Hollins

Goldman Sachs

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Earnest Sweat

Prologis Ventures

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Elliott Robinson

Bessemer Venture Partners

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REGIONAL BOARD

Chad Mitchell

BLCK VC NYC

Radian Capital

Solomon Hailu

BLCK VC NYC

Tusk Ventures

Brentt Baltimore

BLCK VC LA

Greycroft

Trevor Wilkins

BLCK VC LA

Quake Capital Partners

Why BLCK VC

BLCK VC was formed early in 2018 to connect, engage, empower, and advance Black venture investors by providing a focused community built for and by Black venture investors. Since its inception, we’ve worked to develop the community through both social and educational events focused on advancing Black investors.

 

The challenge is clear: only 3% of venture capitalists are Black, with even fewer controlling the $80B+ invested annually in the US. In the past few years VC has become more diverse, but slowly and minimally. The goal of this group is to increase the number of Black investment professionals in venture capital and build a community so that Black investors can help each other succeed. What is our goal? To turn 200 Black investors into 400 Black investors by 2024.

 

Resources

FOR FIRMS

If you or your firm is currently looking to hire investors, there are several ways for you to find the most talented investors who are also diverse. There are many resources and tools to help you reach top-tier Black talent, some of which we have listed below.

BLCK VC is happy to serve as a resource to help your firm find and retain top Black investment talent. Reaching out to us, as well as other Black investors in your network, is a great place to start your talent search.

 

Our Community

If you would like to be part of this community, please fill out this form!

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Sponsors

if you would like to learn more about how to support BLCK VC and its community, please email us at

 

general@blckvc.com

 

Mike Asem

BLCK VC MIDWEST

M25 Ventures