At a recent conference Pearson talked
It wasn't a hard sell and the arrangement is benefiting both sides of the table.
“You can't beat coming to
The new VC in Residence program is one of a number of Code Fever initiatives, which include producing Blacktech Week and Weekend, and it recently received
It's a big challenge. Only about 1 percent venture capital funding goes to black founders, and only 13 black women founders in the entire nation have raised a million dollars or more in venture capital.
In the half-hour office hour visits so far, Nichols has met with tech startups developing products or services for student debt, media content, cloud-based secure storage, educating inmates, dentistry and others. Most of the entrepreneurs are not yet at the stage for venture capital or do not have appropriate businesses for that kind of funding, but the door is still open.
I don't want to invest in the next Uber or the next
Some were interested in advice for preparing themselves for investment, others wanted mentorship on starting up or just wanted to talk strategy. And it hasn't been all tech — Nichols met with a cupcake entrepreneur who wanted to talk about the best way to grow her business.
And when companies are ready for investment, he wants to know about them. “I think gone are the days when all investments happen in
Nichols is also holding frequent fireside chats, bringing in entrepreneurs who have experience starting and growing companies. “The best resource for new entrepreneurs is successful entrepreneurs as well as unsuccessful entrepreneurs,” he said. “There is just a wealth of knowledge that can be learned from both.”
Last week, Nichols hosted entrepreneurs
Bennett is a big proponent of accelerators — he participated in
Brackeen is bullish on the 305, including on the number of angels in
See more of their conversation here.
Coming up on Tuesday is a lunch and learn with
For his part, Nichols said he has been impressed so far with the potential of
“Successful ecosystems have universities spinning out technologies and talent, investors and angel groups, accelerators and co-working spaces — and challenges unique to those communities, that is the biggest thing. I don't want to invest in the next Uber or the next
READ MORE: Blacktech Week receives
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