The State of Black Venture Survey is out now!

  1. Venture Capital is majority white and male.
  2. Black venture investors who are reaching partner level (while the numbers are very small) are the biggest lever in further increasing inclusion and representation in venture.
  3. Black fund managers face outsized barriers in raising capital (46% smaller fund sizes) than their non-Black peers.
  4. As with most studies (if they do their job) the findings result in both learnings and more questions than answers.

From the release of the Report, as we continue conversations around the key learnings, we have the following hypotheses for the State of Black Venture v2:

  1. The Black VC community is more impactful than we imagined.
  2. Black investors are THE leaders in changing the venture ecosystem. The scale of innovation and growth is both a result of systemic barriers and this scale and growth is the outperformance of white peers.
  3. Black men’s and Black women’s experiences in venture are vastly different.
  4. The State of Black Venture Report must double-click into the successes and systemic barriers experienced specifically by Black women in venture capital
  5. Black investors are starting their own funds for a myriad of reasons, regardless of the obvious racist barriers, they will ultimately endure.
  6. Whether a lack of opportunity within their current venture firm, having a “Partner” title but no actual check writing authority, or having success as a founder or operator, Black investors remain inexorable in our pursuit of impact and returns through venture capital
  7. The opportunity for Black venture investors is more boundless than limited.
  8. The Black venture community continues to revolutionize the VC ecosystem in more ways than we were able to capture in our first report. The second survey will allow further analysis to uncover and illustrate the vastness of opportunity within both the Black VC community itself and in the partnerships with allies.

The State of Black Venture Survey is out now!

Why we need your help and participation:

Who should contribute to the State of Black Venture Survey:

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
BLCK VC

BLCK VC

Connecting, Empowering and Advancing Black Venture Investors. We are the change that we seek!