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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...
Here at AfroTech, we’re all about building the next generation of Black millionaires, and there’s no better way than having conversations with people who are actively doing the work to make it happen. On the latest episode of the Black Tech Green Money podcast, host Will Lucas is joined by the founders of Collab Capital to discuss not only what’s missing in the venture capital space to meet the needs of Black founders, but what is required beyond capital to fully succeed as a Black Founder. Managing partners, Barry Givens, Jewel Burks and Justin Dawkins have some tips on how and why they’re unapologetically Black when it comes to building up founders and making sure they’re on track to build successful startups. “It is so important right now to be supporting and investing in Black founders because we know that this year alone has been crazy for everyone, but particularly for Black founded businesses,” says Jewel. “There are some scary statistics out there around the fact that 40% of...