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Black Female VC Investors

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Beauty & Style Editor Blake Newby Exits Essence To Lead Community At A Beauty VC Firm And Give 'Small Black Beauty Brands A Chance'

“It is expensive to dream.” In a transparent TikTok, former Beauty & Style Editor at ESSENCE, Blake Newby shared how her privilege of support from her parents played a role in her being where she is in her successful career in the editorial industry — especially as a Black woman. @blakenewby_ Replying to @Amber Charmayne I feel like this will require a part two – but again, this is strictly my experience as someone who chose a career in a low-paying field. ♬ original sound – Blake Newby

Ngozi Nwanji

Aug 23, 2022

Malcolm Jenkins' Broad Street Ventures Brings On Two New Investors

From the beginning of Broad Street Ventures’ (BSV) inception in 2020, Malcolm Jenkins has been dedicated to creating a space for Black and brown women in the venture capital (VC) industry. Among the goals for BSV — a $10 million investment vehicle funded entirely by Black and brown investors including a small group of fellow NFL players — is prioritizing backing the underrepresented group. Jenkins has continuously watched their relentless work that moves mountains across sectors alongside BSV’s Co-founder and General Partner Ralonda Johnson. Jenkins credits Johnson as the disruptor and mastermind behind the success the first-of-its-kind fund’s investment portfolio — which includes Airbnb, Epic Games, Dapper Labs, Turo, and more — has seen in less than two years. “I’ve always been one to bet on women and put women in spots of positions of leadership,” Jenkins told AfroTech in an interview. “Ralonda Johnson has been a lifelong, good friend of mine, who’s the one kind of pulling the...

Ngozi Nwanji

Feb 24, 2022