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...
Nigeria is blessed with quite a number of billionaires. Recently, Forbes Magazine released the list of the top 10 richest men in Nigeria. Check the list below to see the worth of your favorite Nigerian billionaire. Aliko Dangote Aliko Dangote is the richest man in Africa and Nigeria with a net worth of $12.5 Billion. He is the owner of Dangote Group with companies that engage in agricultural production, telecommunication, real estate and more. Mike Adenuga Founder of Globacom and Conoil Mike Adenuga is the second richest man in Nigeria with a net worth of $5.8 Billion. Femi Otedola CEO of Zenon Petroleum oil and Gas and also Forte Oil Plc is the third richest man in Nigeria with a net worth of $2.3 Billion. He also has investment in real estates in different parts of Nigeria and the world. Folorunsho Alakija From a fashion designer to oil tycoon Folorunsho Alakija is the richest black woman in the world and fourth richest person in Nigeria with a ...