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81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...

Davido and Hushpuppi who is richer?

Davido and Hushpuppi are undoubted “big boys” when it comes to social media. While the former is known for his music skills and award-winning hits the latter is popular for his love for designer wears. They both spend huge sums of money on clothes, watches, travel, partying and a huge social media following. As at the time of writing this article Davido has over 5million Instagram followers while Hushpuppi has over 600,000 with the both of them enjoying over 50,000 active following. Their strong social media following and popularity is the reason for the comparison in this article.

Davido Biography Table

















NAMEDavid Adeleke
STAGE NAME   Davido
NET WORTH$ 21 Million USD

 

Davido real name David Adeleke is a singer, songwriter, and music producer. He is popular worldwide for his hit songs which include Dami Duro, fall, If, Aye and Skelewu. In addition to enjoying the popularity of being a popular musician, he is also the son of Nigerian Billionaire Adedeji Adeleke, where he coined the name OBO an acronym for Omo Baba Olowo a Yoruba phrase which means the child of a wealthy man.



Hushpuppi real names Raymond Ighalodely is a Nigerian born “big boy” based in Malaysia. Although much isn’t known about his source of wealth he once said he begs for a living but he must have been joking as no begger can afford his luxurious lifestyle. Hushpuppi became popular when he had a fight with Davido on social media about who is richer.

The fight started when Davido spent a million naira at quilox and posted the receipts on social media Hushpuppi then took him up and spent over 11million naira at the same Quilox for bottles of drinks and threw a tantrum at Davido. The beef between Davido and Hushpuppi has since been squashed after a peacemaker meddled into the beef.

Davido lives a flamboyant life as a musician and moves around with his own crew “the Hkn Gang” in addition he flies in a personal private jet given to him by his father. Hushpuppi, on the other hand, spends a lot on fashion and patronizes Gucci brands a lot which cost over 100,000 naira  and some times over a million naira for a piece of clothing. His love for high-end fashion and the absence of a known source of income or notable investment has made a lot of people to question the legitimacy of his income and he claims he comes from a poor background and had to strive to be where he is today. Hushpuppi is in the habit of calling out celebrities who wear fake things on their social media as was the case with Ice Prince, Phyno and Kcee.



Davido is from a rich family and is a successful musician who is known worldwide for his hit songs and international collaborations. He has endorsement deals with brands like MTN and Guinness Nigeria. In addition to flying his own personal jet, he owns houses in Lekki and Atlanta, and a fleet of exotic cars and the best of all a daughter. His Net worth is estimated at$ 21 Million USD  .

Hushpuppi Biography Table

















NAMERaymond Ighalodely
STAGE NAMEHushpuppi
NET WORTH$ 20 Million USD

 

Hushpuppi claims to be from a humble background and aside from the flamboyant social media lifestyle no one really knows what he does for a living or how he is able to sustain the luxuries. He owns luxurious cars and travels mostly in rented jets but we cannot clearly rate his net worth as he doesn’t have a source of income to justify his earnings, but recent findings estimated it at around $ 20 Million USD  .

So of the two celebrities, it is obvious who is richer and who will be able to sustain the expensive lifestyle in the long run.

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