The List of Black Women in VC

A compilation of black women who work in the venture capital ecosystem

When I first arrived into the venture community, my first instinct was to find my people.

The List of Black Women in VCWhen I first arrived into the venture community, my first instinct was to find my people. As an outsider in this new, foreign space, it was important that I build a sub-community within venture in which I felt safe.

So, I started building the Women of Color in VC network with Siri Srinivas. Since our first dinner last November, I have had the privilege of getting to know so many amazing women.

However, in this post, I want to highlight the black women in venture. We are here and the numbers are growing.

It is important that we recognize, listen to and encourage these women as we look towards building an inclusive venture ecosystem.

I’m hoping this list can be particularly helpful for:

Startups building boards

VCs adding new GPs or Venture Partners

Conference Organizers developing rosters of panelists and keynote speakers

I look forward to seeing these amazing women represented more in the venture capital community and growing this list exponentially in the years to come.

Investors

Kesha Cash — Managing Partner, Impact America Fund

Lisa Lambert — Managing Partner, The Westly Group

Daphne Dufresne — Managing Partner, GenNx360 Capital Partners

Tracy Gray — Managing Partner, The 22 Capital Group

Arlan Hamilton —Managing Partner, Backstage Capital

Shauntel Poulson — General Partner, Reach Capital

Karen Kerr — Senior Managing Director, GE Ventures

Lisa Coca — Managing Director, GE Ventures

Richelle Parham — Partner, Camden Partners

Danielle Morris — Partner, Jumpstart

Monique Woodard — Venture Partner, 500 Startups

Anne Richie — Venture Partner, Jumpstart

Ulili Onovakpuri —Principal, Kapor Capital & Venture Partner, Fresco Capital

Brittany Davis — Principal, Hello Angels

Nicole Walker — Principal, Baird Capital Ventures

Gloria Ware — Principal, Jumpstart

Stefanie Thomas —Senior Associate, Impact America Fund

Megan Maloney — Associate, General Catalyst

Jillian Williams — Associate, Anthemis Group

Sydney Thomas — Associate, Precursor Ventures

Adina Tecklu — Analyst, Canaan

Sydney Sykes — Analyst, NEA

Sonya Powell — Analyst, Jumpstart

Ita Ekpoudom — EIR, Plum Alley Investments

Candice Mathews — Executive Director, Hillman Accelerator

Roxann Stafford — Director of Programs, Matter.VC

Lauren Booker Allen — Senior Manager, Omidyar Network

Kimberly Marshall — Senior Program Officer (Tech Investments), Gates Foundation

Ebony Pope — Senior Manager, Village Capital

Marilyn Waite — Senior Manager, Village Capital

Diane Henry — Angel

Lauren Bias — Angel

Kathryn Finney — Angel

Gayle Jennings O’Byrne — Angel

Lorine Pendleton — Angel

Lisa Skeete Tatum — Angel

Operators

Saydeah Howard — SVP of Talent and Venture Services, IVP

Mandela Schumacher-Hodge — Portfolio Services Director, Kapor

Onyedikachi Achilike — Program Manager, Newark Venture Partners

Abyah Wynn — VP, Trimantium Capital

Timmeko Love — Business Development, Mayo Clinic Ventures

Kendall Sherman —Community Manager, Flybridge

Natanya Montgomery — Knowledge Coordinator, First Round

Did I miss someone? Please let me know! You can reach me here: sydney@precursorvc.com

What does an associate actually do?

Now I’ve really got to figure out what’s going on.

Prior to joining Precursor Ventures, my research into Venture Capital had focused on the high level — I followed partners, kept up to date on trends and explored startups I thought were interesting.

In informational interviews with associates I focused too much on questions like,

“How did you get this job?”, “What should I prepare for in the interview?”
and not enough on questions like, “What do you do all day?”

Once I got the job ( ?) and started asking my peers the third question, I realized the answer varies widely across firms. This is especially true when you take into account the size of the firm. Associates at firms that employ 100s of people have positions that look much different than those at firms that employ <5 people (like ours!)

So I’m going to focus on what associates at firms with <5 people do. As a startup, my role ebbs and flows with the needs of the organization. Overall though, associate roles at small firms can be bucketed into three areas: ops, sourcing, diligence.

Operations

In a company with fewer than 5 people, we mirror a lot of the companies we back in that, we are essentially a startup ourselves. So what is operations? Think bizops and you’re about there. In most small firms, the major functions like Finance, Design, Web Development are outsourced and it is the associate’s role to consult, review and improve these areas.

However, the breadth of the operations work can be expansive — from exploring investor CRM systems to building community efforts for the portfolio.

Sourcing

Associates are often tasked with searching for startups that the firm might be interested in investing in. In order to accomplish this, we need to first get a strong pulse of the markets the firm invests in. That means taking many meetings with people who have different vantage points of the same market — founders, other VCs, experts and customers.

Diligence

Once the startup is found, a lot of research has to be complete in order figure out if the startup has the potential to become a dragon or unicorn. In the Pre-Seed stage, the majority of that research is done on the people and the ideas, not the numbers. So we take time to dig into the founders’ history — who knows them well? How do they rise to challenges? What do their relationships with their co-founders look like? — in order to build a strong understanding of their ability to execute against their vision. We also dig into the ideas by asking questions like, “Are there customers searching for this solution already?”

If I had to pick one thing I didn’t realize would be a big part of my job though, it would be networking. Venture Capital is such a small industry that it still operates a little bit like a club. In order to get in, you have to make yourself known and be known. If you’re an extrovert (like me) that can be a lot of fun!

I hope this was helpful and would love to get your feedback. What did you think?