Morgan DeBaun: Blavity's 1 million users would raise $5M today, not $500K
Morgan DeBaun · How I Built Resilience: Live with Morgan DeBaun · Jul 11, 2020 · at 19:45
Blavity founder Morgan DeBaun compares the difficult early fundraising environment she faced raising $500,000 to the expanded capital availability for minority founders in 2020.
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“It took me a lot of no's to get 500,000 dollars for Blavity. And I had a million users at the time. If I went out today with that, I would raise five million because there's more venture funds focused on minorities and women of color.”
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