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💡Issue #219: The Black Report & Celebrating Black Founders

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"Tidjane Thiam made Credit Suisse profitable again. But the Swiss rejected him as an outsider, and a
 

Andy Ayim on Minorities in Tech

October 5 · Issue #219 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship 💫 http://andyayim.com

“Tidjane Thiam made Credit Suisse profitable again. But the Swiss rejected him as an outsider, and a sudden scandal took him down.”
This read from The New York Times, is a stark reminder of the challenges and oppressions experienced by female and minority senior leaders in 2020. This year more than ever in the UK, we have shone a light of the shared inequalities of racism across the world and not just America.
The more I have progressed in my career the more I have personally had a mixed feeling of genuine excitement, gratitude and fear. It can be lonely and scary being the only black leader at a meeting, event or part of a management team. I’ve often questions the cost of ambition and how ambition could impact my mental health, marriage and relationships more broadly.
I’m nit yet at a point where I can confess that my race and career has impacted the above heavily but as I read this NYT piece and read about Mr Thiam’s divorce to his wife for several years, I question, the cost of ambition.

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FROM THE STARTUPS 🚀
Sam DeBrule has curated a gallery of black investors, founders and operators.
Andy Davis, General Partner at 10x10 Fund released The Black Report, a qualitative report on Black founders in the UK.
Computer Weekly announces the most influential women in UK Tech 2020.
#ShareTheMic campaign is launched to amplify black female voices.
FROM THE INVESTORS 💸
Greylock and MLT have teamed up to diversify tech’s wealth cycle.
BLCK VC is launching a New York City fellowship program in partnership with Lerer Hippeau and Anthemis.
Google has created a $2M Black Founder Fund which will provide up to $100,000 in non-dilutive cash awards to Black founded startups in Europe
Mark Cuban invests $5m more into Arlan Hamilton’s AWH Fund.
Nesta have launched a Rapid Recovery Challenge for founders.
Founder Grants is a new platform aimed to help founders find grants.
EVENTS 🎟️
Barclays launch a Black founder accelerator programme with Foundervine.
PWC have launched ColourBrave charity committee to make grant donations to social impact businesses.
Sarah Kunst, Partner at Cleo Capital is hosting a founder hour for US startups.
Santander have 125 scholarships for its Women Emerging Leaders programme.
JOB OPPORTUNITIES 💼
Bethnal Green Ventures are hiring for an associate.
The Legatum Institute are hiring for a research analyst.
IN CASE YOU MISSED IT 👩🏿‍💻
Jonathan Hillis the published Six economies of online creators.
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