Building community and funding Black founders

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Summary

Office closures kept their employees apart, event cancellations kept founders from connecting, and many needed to pivot their startups to keep businesses afloat. While the financial impact of that shouldn’t be understated, the most impressive takeaway I’ve witnessed since we started the fund isn’t about money. Facilitated by our partner Goodie Nation, founders attend weekly meetings in small groups where they can connect with each other, sharing experiences and resources. Black Founders Fund 2020 recipient Gerald Youngblood of Tankee, a gaming network for kids, nominated Ofo Ezeugwu from Whose Your Landlord, a platform that provides more transparency for renters. Gerald shared advice on a negotiation and fundraising approach that worked for Ofo — and later surprised him with the news that he is a 2021 Black Founders Fund recipient.

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