{"id":18705,"date":"2020-10-12T19:55:16","date_gmt":"2020-10-13T02:55:16","guid":{"rendered":"https:\/\/foundersnetwork.com\/?p=18705"},"modified":"2023-02-24T09:22:28","modified_gmt":"2023-02-24T17:22:28","slug":"black-founders-focus-fireside-chat-with-khiry-kemp-and-tiffany-dufu","status":"publish","type":"post","link":"https:\/\/foundersnetwork.com\/black-founders-focus-fireside-chat-with-khiry-kemp-and-tiffany-dufu\/","title":{"rendered":"Black Founders Focus: Overcoming Adversity with Khiry Kemp and Tiffany Dufu"},"content":{"rendered":"<blockquote>\n<h3><span style=\"font-weight: 400;\">This year has placed a national spotlight on the Black experience, and it\u2019s more important than ever for successful <a href=\"https:\/\/foundersnetwork.com\/black-founders\/\">Black founders<\/a> to share their insight and advice. <a href=\"https:\/\/www.linkedin.com\/company\/oppti-corp\/\">Oppti<\/a> founder <a href=\"https:\/\/www.linkedin.com\/in\/khirykemp\/\">Khiry Kemp<\/a> is joined by <a href=\"https:\/\/www.linkedin.com\/in\/tiffanydufu\/\">Tiffany Dufu<\/a>, CEO of <a href=\"https:\/\/www.linkedin.com\/company\/thecru\/\">The Cru<\/a> and author of Drop the Ball, to discuss overcoming adversity, facing your respective challenges, and what founders and investors alike should know about Black entrepreneurship. <\/span><\/h3>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The past few months have placed a national spotlight on the Black experience, and it\u2019s more important than ever for successful Black founders to share their insight, and advice.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are lessons for founders and investors alike, according to <a href=\"https:\/\/www.linkedin.com\/in\/khirykemp\/\">Khiry Kemp<\/a>, chair of the <a href=\"https:\/\/foundersnetwork.com\/black-founders\/\">Black Founders Initiative<\/a> at <a href=\"https:\/\/foundersnetwork.com\/\">Founders Network<\/a> and founder of <a href=\"https:\/\/www.getoppti.org\/\">Oppti<\/a>, a fast-growing job recruitment platform for high school students. In a fireside chat, Khiry joins <\/span><a href=\"https:\/\/www.linkedin.com\/in\/tiffanydufu\/\"><span style=\"font-weight: 400;\">Tiffany Dufu<\/span><\/a><span style=\"font-weight: 400;\">, CEO of <a href=\"https:\/\/www.thecru.com\/?utm_source=linkedin_homepage&amp;utm_medium=social_media&amp;utm_campaign=app-starts\">The Cru<\/a>, bestselling author of <\/span><a href=\"http:\/\/tiffanydufu.com\/drop-the-ball\"><i><span style=\"font-weight: 400;\">Drop the Ball: <\/span><\/i><i><span style=\"font-weight: 400;\">Achieving More by Doing Less<\/span><\/i><\/a><span style=\"font-weight: 400;\"> and board member of <a href=\"https:\/\/girlswhocode.com\/about-us\/team\">Girls Who Code<\/a>, to discuss overcoming adversity, facing internal and external challenges, and what people should know about Black entrepreneurship.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Join Khiry and Tiffany in their <a href=\"https:\/\/foundersnetwork.com\/function\/black-founders-focus-fireside-chat-with-khiry-kemp-and-tiffany-dufu\/\">full webinar<\/a> and see if you <a href=\"https:\/\/foundersnetwork.com\/request\/\">qualify for membership<\/a> to <a href=\"https:\/\/foundersnetwork.com\/\">Founders Network<\/a> and get unique insights on:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Leveraging peer support\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Early growth mentorship<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Connecting with successful founders<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Raising awareness\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Focusing on your mission<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cWhen you look at the numbers, you see the underrepresentation right away,\u201d says Khiry.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Only 1% of venture capital-backed startup founders are Black, <\/span><a href=\"https:\/\/www.transparentcollective.com\/who-we-are.html#\/\"><span style=\"font-weight: 400;\">according to data<\/span><\/a><span style=\"font-weight: 400;\"> compiled by Transparent Collective. Representation on the investor side is similarly unequal: An estimated <\/span><a href=\"https:\/\/blog.usejournal.com\/where-did-you-go-to-school-bde54d846188\"><span style=\"font-weight: 400;\">70% of venture capitalists are white<\/span><\/a><span style=\"font-weight: 400;\">, while only 3% are Black, according to a survey by the investor Richard Kerby.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThat reality contributes to a host of unique obstacles for Black founders. And rather than blatant racism, the challenges and biases that Black founders face are more often implicit, ranging from subtle cues in meetings to double standards in how investors size up your business,\u201d Khiry explains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s less blatant most of the time, which can make it hard to pinpoint,\u201d he says. \u201cIt may be that the burden of proof is higher for Black founders, or to get buy-in.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On top of that, \u201cthere isn\u2019t necessarily a deep support group,\u201d says Khiry. All of the benefits that peer networks bring &#8212; sharing experiences, advice and resources &#8212; are all the more scarce for underrepresented founders.\u00a0<\/span><\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Ffoundersnetwork.com%2F%3Fp%3D18705&#038;text=%E2%80%9CWe%E2%80%99re%20in%20an%20unprecedented%20time%2C%20and%20there%E2%80%99s%20a%20lot%20of%20curiosity%20from%20people%20who%20just%20want%20to%20better%20understand%20what%E2%80%99s%20going%20on.%E2%80%9D%20-%20%40GetOppti&#038;via=foundersnetwork&#038;related=foundersnetwork' target='_blank'rel=\"noopener noreferrer\">\u201cWe\u2019re in an unprecedented time, and there\u2019s a lot of curiosity from people who just want to better understand what\u2019s going on.\u201d - @GetOppti <\/a><\/span><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Ffoundersnetwork.com%2F%3Fp%3D18705&#038;text=%E2%80%9CWe%E2%80%99re%20in%20an%20unprecedented%20time%2C%20and%20there%E2%80%99s%20a%20lot%20of%20curiosity%20from%20people%20who%20just%20want%20to%20better%20understand%20what%E2%80%99s%20going%20on.%E2%80%9D%20-%20%40GetOppti&#038;via=foundersnetwork&#038;related=foundersnetwork' target='_blank' class='bctt-ctt-btn'rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p><span style=\"font-weight: 400;\">Communities like Founders Network have a role to play in connecting successful Black founders with those eager to learn and to overcome similar challenges in building their businesses. Those networks can cultivate mentor relationships, as well as partnerships and other valuable business development opportunities for underrepresented founders.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s also a unique point in time for raising awareness among non-Black founders as well as\u00a0 investors,\u201d says Khiry. Among investors in particular, elevating awareness of Black experiences in entrepreneurship could help investors better understand their biases, call themselves out, and evaluate founders on their merits instead of narrowly defined stereotypes of what successful founders look like.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe\u2019re in an unprecedented time, and there\u2019s a lot of curiosity from people who just want to better understand what\u2019s going on,\u201d Khiry adds. \u201cFor those on the investor side, it\u2019s also understanding that there are a lot of good black businesses, and maybe some of them cater to markets that you don\u2019t necessarily understand yet. Be open-minded.\u201d\u00a0<\/span><\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Ffoundersnetwork.com%2F%3Fp%3D18705&#038;text=%E2%80%9CYou%20can%E2%80%99t%20psych%20yourself%20out%20and%20let%20the%20numbers%20discourage%20you...you%20have%20to%20give%20it%20your%20all%20and%20overcome%20as%20many%20critical%20challenges%20as%20possible.%E2%80%9D%20-%20%40GetOppti&#038;via=foundersnetwork&#038;related=foundersnetwork' target='_blank'rel=\"noopener noreferrer\">\u201cYou can\u2019t psych yourself out and let the numbers discourage you...you have to give it your all and overcome as many critical challenges as possible.\u201d - @GetOppti <\/a><\/span><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Ffoundersnetwork.com%2F%3Fp%3D18705&#038;text=%E2%80%9CYou%20can%E2%80%99t%20psych%20yourself%20out%20and%20let%20the%20numbers%20discourage%20you...you%20have%20to%20give%20it%20your%20all%20and%20overcome%20as%20many%20critical%20challenges%20as%20possible.%E2%80%9D%20-%20%40GetOppti&#038;via=foundersnetwork&#038;related=foundersnetwork' target='_blank' class='bctt-ctt-btn'rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p><span style=\"font-weight: 400;\">For Black founders, there are internal hurdles that can arise from believing that the statistics are stacked against you in entrepreneurship. Khiry emphasizes, \u201cIf you don\u2019t believe that you can succeed, how is anyone else supposed to believe in you?\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cYou can\u2019t psych yourself out and let the numbers discourage you,\u201d Khiry explains. \u201cEven if you do have to try harder from an individual perspective, you have to give it your all and overcome as many critical challenges as possible.\u201d<\/p>\n<p>To learn more about black founder hurdles,<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/foundersnetwork.com\/request\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/foundersnetwork.com\/request\/\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">\u00a0see if you qualify for membership<\/a>\u00a0<b data-stringify-type=\"bold\">and check out the\u00a0<\/b><b data-stringify-type=\"bold\"><a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/foundersnetwork.com\/event-video-library\/?page_id=20424&amp;preview=true&amp;wchannelid=1kf2f5hdr1&amp;wmediaid=u0oltsaolm\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/foundersnetwork.com\/?page_id=20424&amp;preview=true?wchannelid=1kf2f5hdr1&amp;wvideoid=f9ukh2h6xr\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">webinar<\/a><\/b><b data-stringify-type=\"bold\"> from October 29.<\/b><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This year has placed a national spotlight on the Black experience, and it\u2019s more important than ever for successful Black founders to share their insight and advice. Oppti founder Khiry &#8230; <\/p>\n<div><a href=\"https:\/\/foundersnetwork.com\/black-founders-focus-fireside-chat-with-khiry-kemp-and-tiffany-dufu\/\" class=\"more-link\">Read More<\/a><\/div>\n","protected":false},"author":31,"featured_media":18713,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[7292,7169],"tags":[10934,10892,1348,1813,9116],"table_tags":[],"class_list":["post-18705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-founders-community","category-women-entrepreneurs","tag-bfi","tag-black-founders-initiative","tag-los-angeles","tag-new-york-city","tag-women-founders"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v25.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Black Founders Focus: Overcoming Adversity with Khiry Kemp and Tiffany Dufu - Founders Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/foundersnetwork.com\/black-founders-focus-fireside-chat-with-khiry-kemp-and-tiffany-dufu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Black Founders Focus: Overcoming Adversity with Khiry Kemp and Tiffany Dufu\" \/>\n<meta property=\"og:description\" content=\"This year has placed a national spotlight on the Black experience, and it\u2019s more important than ever for successful Black founders to share their insight and advice. 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