blavity

blavity

Seven years ago, Morgan DeBaun left her job in Silicon Valley to help create Blavity, a news and events company geared toward Black millennials.

The name comes from the concept of "Black gravity"— the force that pulls people of color toward each other in predominantly white spaces — and it's intended to reflect the very voices she saw excluded in her tech job.

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Women entrepreneurs, especially those of color, don't have the same buy-in from investors as their male counterparts, but that shouldn't deter them. That's the advice of four women startup founders and investors during a panel on equity at The dot.LA Summit.

"We can't let the data stop us, especially as women," said Morgan DeBaun, founder and CEO of Blavity, who said she hit roadblocks six years ago when trying to get her media company geared toward Black millennials funded.

The panel, "Locked Out in Lockdown," also featuring Bonfire Ventures principal Jennifer Richard, Halogen Ventures General Partner Jesse Draper and Suma Wealth co-founder and CEO Beatriz Acevedo, explored the deep inequities that remain for women.

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