Morgan DeBaun on Raising Money

9 to 5ish with theSkimm

theSkimm

Entrepreneurship, Careers, Business

4.7 • 1.9K Ratings

🗓️ 14 September 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Morgan DeBaun was one of the only Black women working in Silicon Valley when she quit her job and started Blavity, a news media company focused on serving Black Americans. But as Morgan started to learn, raising money isn’t easy - especially when so little funding goes to women and women of color in the first place. This week, we spoke to Morgan about raising capital, overcoming obstacles, and selling your story to investors. In this episode, Morgan shares: Bootstrapping your business and delayed gratification Defining your company mission Learning how different types of funding works Staying true to your vision when pitching it Bringing Black creators into the spotlight in the tech space

Transcript

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0:00.0	And I didn't know anything about venture.
0:02.0	So I was learning all those things as I went,
0:03.7	which was very frustrating and emotionally draining
0:06.6	to get nose and maybe is and kind of just be drive along
0:10.4	by people you think should be writing you checks
0:13.7	because that's what their title says they should do.
0:17.1	I'm Carly Zaken and I'm Danielle Weisberg.
0:20.0	Welcome to 9 to 5-ish with the skin.
0:22.7	We've run into so many questions over the years
0:25.7	and had so many moments where we needed advice.
0:29.0	And we got it from women who'd been there.
0:32.5	And that's what we're bringing you with this show.
0:34.6	Each week we're helping you get what you want out of your career
0:37.8	by talking to the smartest leaders we know
0:40.1	because we know your work life
0:41.9	is a lot more than 9 to 5.
0:44.8	All right, let's get into it.
0:48.6	Today our guest is Morgan Deban.
0:51.0	Morgan quit her job in Silicon Valley
0:53.2	when she was just 24 to start her own media company.
0:56.6	One that filled avoid in media coverage
0:58.6	after the death of Michael Brown
	...

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