BLCK VC Examines The State of Black Venture With New Report And The Findings Are Shocking

Essence Magazine:

By Jasmine Browley ·Updated February 24, 2023

Black founders have historically faced significant challenges in securing VC funding and average less than 2% of overall investment dollars each year. But, there’s a silver lining: the number of Black investors is increasing.

That’s one of the key findings from a recently released report from BLCK VC, a 501(c)(3) nonprofit organization dedicated to increasing the representation of Black investors in venture capital,

This post first appeared in Essence Magazine. Read the original article.